Kinetic Development Group (HKSE:01277) Days Inventory : 16.38 (As of Dec. 2023)

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What is Kinetic Development Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kinetic Development Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$124 Mil. Kinetic Development Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,386 Mil. Hence, Kinetic Development Group's Days Inventory for the six months ended in Dec. 2023 was 16.38.

The historical rank and industry rank for Kinetic Development Group's Days Inventory or its related term are showing as below:

HKSE:01277' s Days Inventory Range Over the Past 10 Years
Min: 12.39 Med: 19.23 Max: 26.39
Current: 21.29

During the past 13 years, Kinetic Development Group's highest Days Inventory was 26.39. The lowest was 12.39. And the median was 19.23.

HKSE:01277's Days Inventory is ranked better than
66.96% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs HKSE:01277: 21.29

Kinetic Development Group's Days Inventory declined from Dec. 2022 (18.89) to Dec. 2023 (16.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kinetic Development Group's Inventory Turnover for the six months ended in Dec. 2023 was 11.14.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kinetic Development Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.

Kinetic Development Group Days Inventory Historical Data

The historical data trend for Kinetic Development Group's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kinetic Development Group Days Inventory Chart

Kinetic Development Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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17.57

16.43

12.39

15.39

21.41

Kinetic Development Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															10.92	20.09	18.89	30.35	16.38

Competitive Comparison of Kinetic Development Group's Days Inventory

For the Thermal Coal subindustry, Kinetic Development Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kinetic Development Group's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kinetic Development Group's Days Inventory falls into.

Kinetic Development Group Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kinetic Development Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (123.076	+	126.084)	/	2 )	/	2124.152	*	365
=	124.58					/	2124.152	*	365
=	21.41

Kinetic Development Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (122.6	+	126.084)	/	2 )	/	1385.532	*	365 / 2
=	124.342					/	1385.532	*	365 / 2
=	16.38

Kinetic Development Group (HKSE:01277) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kinetic Development Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1385.532	/	124.342
	=	11.14

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Kinetic Development Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	124.342	/	3557.922
	=	0.03

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Kinetic Development Group Days Inventory Related Terms

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Kinetic Development Group (HKSE:01277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Kinetic Development Group Ltd (HKSE:01277) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN

Website

https://www.kineticme.com

Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).

Executives

The Zhang Family Overseas Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Zhang Liang, Johnson	2307 Founder of a discretionary trust who can infl
King Lok Holdings Limited	2101 Beneficial owner
Zhang Li	2101 Beneficial owner
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you
Right Select International Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Yong Cai Chuang Tou You Xian Gong Si	2106 Person having a security interest in shares

Kinetic Development Group (HKSE:01277) Headlines

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