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PanAsialum Holdings Co (HKSE:02078) Days Inventory : 33.26 (As of Dec. 2023)


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What is PanAsialum Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PanAsialum Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$85 Mil. PanAsialum Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$465 Mil. Hence, PanAsialum Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 33.26.

The historical rank and industry rank for PanAsialum Holdings Co's Days Inventory or its related term are showing as below:

HKSE:02078' s Days Inventory Range Over the Past 10 Years
Min: 37.85   Med: 49.56   Max: 82.3
Current: 37.85

During the past 9 years, PanAsialum Holdings Co's highest Days Inventory was 82.30. The lowest was 37.85. And the median was 49.56.

HKSE:02078's Days Inventory is ranked better than
83.28% of 664 companies
in the Metals & Mining industry
Industry Median: 87.85 vs HKSE:02078: 37.85

PanAsialum Holdings Co's Days Inventory declined from Dec. 2022 (37.31) to Dec. 2023 (33.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. PanAsialum Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 5.49.

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. PanAsialum Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.


PanAsialum Holdings Co Days Inventory Historical Data

The historical data trend for PanAsialum Holdings Co'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.

* Premium members only.

PanAsialum Holdings Co Days Inventory Chart

PanAsialum Holdings Co Annual Data
Trend Sep12 Sep13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 49.56 52.09 50.63 39.95 40.97

PanAsialum Holdings Co Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.10 34.65 37.31 39.73 33.26

Competitive Comparison of PanAsialum Holdings Co's Days Inventory

For the Aluminum subindustry, PanAsialum Holdings Co'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.


PanAsialum Holdings Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PanAsialum Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where PanAsialum Holdings Co's Days Inventory falls into.



PanAsialum Holdings Co Days Inventory Calculation

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

PanAsialum Holdings Co'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
=( (101.99 + 93.987) / 2 ) / 872.893*365
=97.9885 / 872.893*365
=40.97

PanAsialum Holdings Co'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
=( (75.55 + 93.987) / 2 ) / 465.117*365 / 2
=84.7685 / 465.117*365 / 2
=33.26

* 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.


PanAsialum Holdings Co  (HKSE:02078) 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.

PanAsialum Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

PanAsialum Holdings Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


PanAsialum Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of PanAsialum Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


PanAsialum Holdings Co (HKSE:02078) Business Description

Traded in Other Exchanges
N/A
Address
57 Hung To Road, Unit 05, 17th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
PanAsialum Holdings Co Ltd is an Investment holding company engaged in the manufacture and sale of aluminum products. Its products include the Radiator series, Solar frame series, Motor car skirt board and auto parts, Electronic product accessories series, Railing series, and Door and Window series. Its segment includes the manufacture and trading of aluminum products and, investment properties. It generates the majority of its revenue from aluminum products. Geographically, it derives the majority revenue from the PRC and also has an operation in Australia, North America, Hong Kong, and Other countries.
Executives
Genesis Trust & Corporate Services Ltd. 2301 Trustee
Pan Zhaolong 2501 Other

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