Days Inventory is also known as Days Sales of Inventory (DSI). Honworld Group's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$703.1 Mil. Honworld Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$110.5 Mil.
Hence, Honworld Group's Days Inventory for the
six
months ended in Dec. 2023 was 1,160.74.
The historical rank and industry rank for Honworld Group's Days Inventory or its related term are showing as below:
HKSE:02226'
s Days Inventory Range Over the Past 10 Years
Min: 753.03 Med: 1182.6 Max: 2602.9
Current: 1281.99
During the past 12 years, Honworld Group's highest Days Inventory was 2602.90. The lowest was 753.03. And the median was 1182.60.
HKSE:02226's Days Inventory is ranked worse than 98.43% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 82.1
vs HKSE:02226: 1281.99
Honworld Group's Days Inventory
increased
from Dec. 2022 (1,095.70) to Dec. 2023 (1,160.74).
It might indicate that Honworld Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Honworld Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.16.
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.
Honworld Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 4.91.
Honworld Group Days Inventory Historical Data
The historical data trend for Honworld 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.
Competitive Comparison of Honworld Group's Days Inventory
For the Packaged Foods subindustry, Honworld 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.
Honworld Group's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honworld Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Honworld Group's Days Inventory falls into.
Honworld Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Honworld Group's Days Inventory for the fiscal year that 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.
Honworld Group (HKSE:02226) 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.
Honworld 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.
Honworld 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.
Honworld Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Honworld Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Honworld Group Ltd is a China-based investment holding company. Through its subsidiaries, the company is engaged in manufacturing and selling condiment products under the brand name of Lao Heng He in the PRC. Its product categories include High-end, Normal, and Catering Services. The products include healthy brewed cooking wine as well as other condiments, including naturally-brewed soy sauce, naturally-brewed vinegar, soybean paste, sesame oil, and fermented bean curd company operates in a single segment named as Food segment.
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