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Pak Tak International (HKSE:02668) Days Inventory : 0.96 (As of Dec. 2023)


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What is Pak Tak International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pak Tak International's Average Total Inventories for the six months ended in Dec. 2023 was HK$1.7 Mil. Pak Tak International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$321.7 Mil. Hence, Pak Tak International's Days Inventory for the six months ended in Dec. 2023 was 0.96.

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

HKSE:02668' s Days Inventory Range Over the Past 10 Years
Min: 0.24   Med: 13.92   Max: 63.56
Current: 1.65

During the past 13 years, Pak Tak International's highest Days Inventory was 63.56. The lowest was 0.24. And the median was 13.92.

HKSE:02668's Days Inventory is ranked better than
99.7% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.69 vs HKSE:02668: 1.65

Pak Tak International's Days Inventory declined from Dec. 2022 (1.18) to Dec. 2023 (0.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pak Tak International's Inventory Turnover for the six months ended in Dec. 2023 was 189.47.

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. Pak Tak International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Pak Tak International Days Inventory Historical Data

The historical data trend for Pak Tak International'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.

Pak Tak International Days Inventory Chart

Pak Tak International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.24 0.24 - 1.00 1.72

Pak Tak International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 - 1.55 1.18 4.76 0.96

Competitive Comparison of Pak Tak International's Days Inventory

For the Apparel Manufacturing subindustry, Pak Tak International'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.


Pak Tak International's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pak Tak International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pak Tak International's Days Inventory falls into.



Pak Tak International Days Inventory Calculation

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

Pak Tak International'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
=( (1.892 + 1.769) / 2 ) / 389.177*365
=1.8305 / 389.177*365
=1.72

Pak Tak International'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
=( (1.627 + 1.769) / 2 ) / 321.725*365 / 2
=1.698 / 321.725*365 / 2
=0.96

* 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.


Pak Tak International  (HKSE:02668) 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.

Pak Tak International'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.

Pak Tak International'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.


Pak Tak International Days Inventory Related Terms

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


Pak Tak International (HKSE:02668) Business Description

Traded in Other Exchanges
N/A
Address
No. 89 Queensway, Unit 1902, 19th Floor, Tower 2, Lippo Centre, Hong Kong, HKG
Pak Tak International Ltd is an investment holding company. The company and its subsidiaries are engaged in operating in four business segments; the Money lending business segment, the Hotel management and catering segment, the Leasing business segment, and the Supply chain business segment. Geographically, it derives a majority of its revenue from the People's Republic of China.
Executives
Liao Nangang 2201 Interest of corporation controlled by you
Massive Thriving Limited 2101 Beneficial owner
Tengyue Holding Limited 2101 Beneficial owner
Wang Jian 2201 Interest of corporation controlled by you
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Great Sphere Developments Limited 2201 Interest of corporation controlled by you
Renze Harvest International Limited 2201 Interest of corporation controlled by you
Glory Sun Financial Holdings Limited 2201 Interest of corporation controlled by you
Glory Sun Securities Limited 2101 Beneficial owner
Golden Affluent Limited 2201 Interest of corporation controlled by you
Proficient Power Limited 2201 Interest of corporation controlled by you
Massive Thriving Limited 2101 Beneficial owner
Bao Xin Development Limited 2201 Interest of corporation controlled by you
Glory Sun Financial Group Limited 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you

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