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Huisen Shares Group (HKSE:02127) Days Inventory : 94.58 (As of Dec. 2023)


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What is Huisen Shares Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huisen Shares Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,061 Mil. Huisen Shares Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,047 Mil. Hence, Huisen Shares Group's Days Inventory for the six months ended in Dec. 2023 was 94.58.

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

HKSE:02127' s Days Inventory Range Over the Past 10 Years
Min: 17.16   Med: 38.16   Max: 115.72
Current: 115.72

During the past 7 years, Huisen Shares Group's highest Days Inventory was 115.72. The lowest was 17.16. And the median was 38.16.

HKSE:02127's Days Inventory is ranked worse than
58.87% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs HKSE:02127: 115.72

Huisen Shares Group's Days Inventory declined from Dec. 2022 (129.19) to Dec. 2023 (94.58).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huisen Shares Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.93.

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. Huisen Shares Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.45.


Huisen Shares Group Days Inventory Historical Data

The historical data trend for Huisen Shares 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.

* Premium members only.

Huisen Shares Group Days Inventory Chart

Huisen Shares Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 26.05 19.25 17.16 94.42 112.21

Huisen Shares Group Semi-Annual Data
Dec17 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 19.97 27.36 129.19 150.80 94.58

Competitive Comparison of Huisen Shares Group's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Huisen Shares 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.


Huisen Shares Group's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Huisen Shares Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Huisen Shares Group's Days Inventory falls into.



Huisen Shares Group Days Inventory Calculation

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

Huisen Shares 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
=( (1163.402 + 960.072) / 2 ) / 3453.496*365
=1061.737 / 3453.496*365
=112.21

Huisen Shares 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
=( (1161.347 + 960.072) / 2 ) / 2046.737*365 / 2
=1060.7095 / 2046.737*365 / 2
=94.58

* 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.


Huisen Shares Group  (HKSE:02127) 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.

Huisen Shares Group'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.

Huisen Shares Group'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.


Huisen Shares Group Days Inventory Related Terms

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


Huisen Shares Group (HKSE:02127) Business Description

Traded in Other Exchanges
Address
Huisen Road, Daluo Industrial Park, Longnan Economic Technology Development Zone, Jiangxi Province, Longnan, CHN
Huisen Household International Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.
Executives
Pure Cypress Limited 2101 Beneficial owner
Zeng Ming 2201 Interest of corporation controlled by you
Zeng Ronghua 2202 Interest of your spouse
Goh Siok Teng 2201 Interest of corporation controlled by you
Yggies World Pte. Ltd. 2101 Beneficial owner
Kwok Hong Yiew 2201 Interest of corporation controlled by you
Kwok Properties Pte. Ltd. 2101 Beneficial owner

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