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NVC International Holdings (HKSE:02222) Days Inventory : 104.02 (As of Dec. 2023)


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What is NVC International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NVC International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$366 Mil. NVC International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$643 Mil. Hence, NVC International Holdings's Days Inventory for the six months ended in Dec. 2023 was 104.02.

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

HKSE:02222' s Days Inventory Range Over the Past 10 Years
Min: 50.54   Med: 100.38   Max: 152.63
Current: 113.76

During the past 13 years, NVC International Holdings's highest Days Inventory was 152.63. The lowest was 50.54. And the median was 100.38.

HKSE:02222's Days Inventory is ranked worse than
57.39% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs HKSE:02222: 113.76

NVC International Holdings's Days Inventory declined from Dec. 2022 (152.71) to Dec. 2023 (104.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. NVC International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.75.

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. NVC International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.40.


NVC International Holdings Days Inventory Historical Data

The historical data trend for NVC International Holdings'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.

NVC International Holdings Days Inventory Chart

NVC International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.89 85.32 110.06 137.42 118.31

NVC International Holdings 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 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 Premium Member Only 119.61 139.20 152.71 118.75 104.02

Competitive Comparison of NVC International Holdings's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, NVC International Holdings'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.


NVC International Holdings's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, NVC International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where NVC International Holdings's Days Inventory falls into.



NVC International Holdings Days Inventory Calculation

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

NVC International Holdings'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
=( (500.64 + 353.284) / 2 ) / 1317.201*365
=426.962 / 1317.201*365
=118.31

NVC International Holdings'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
=( (379.548 + 353.284) / 2 ) / 642.871*365 / 2
=366.416 / 642.871*365 / 2
=104.02

* 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.


NVC International Holdings  (HKSE:02222) 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.

NVC International Holdings'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.

NVC International Holdings'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.


NVC International Holdings Days Inventory Related Terms

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


NVC International Holdings (HKSE:02222) Business Description

Traded in Other Exchanges
N/A
Address
Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG
NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes NVC brand lighting products - international market, Non-NVC brand lighting products - domestic market, and Non-NVC brand lighting products - international market It offers lighting solutions to hospitality, commercial, and corporate projects across varied industries sectors. The products offered by the company include LED Floodlights, LED Inground lights, LED Under canopy lighting, and LED Linear lighting among others. majority of the revenue of the company is generated from the United States.

NVC International Holdings (HKSE:02222) Headlines

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