The historical rank and industry rank for Differ Group Auto's Days Inventory or its related term are showing as below:
HKSE:06878'
s Days Inventory Range Over the Past 10 Years
Min: 190.72 Med: 1459.58 Max: 8079.75
Current: 1056.1
During the past 11 years, Differ Group Auto's highest Days Inventory was 8079.75. The lowest was 190.72. And the median was 1459.58.
HKSE:06878's Days Inventory is ranked worse than 91.09% of 101
companies
in the Credit Services industry
Industry Median: 45.6
vs HKSE:06878: 1056.10
Differ Group Auto's Days Inventory
declined
from Jun. 2022 (2,314.72) to Jun. 2023 (876.82).
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.
Differ Group Auto's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.21.
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.
Differ Group Auto's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 3.41.
Differ Group Auto Days Inventory Historical Data
The historical data trend for Differ Group Auto'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 Differ Group Auto's Days Inventory
For the Credit Services subindustry, Differ Group Auto'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.
Differ Group Auto's Days Inventory Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Differ Group Auto's Days Inventory distribution charts can be found below:
* The bar in red indicates where Differ Group Auto's Days Inventory falls into.
Differ Group Auto Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Differ Group Auto's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Differ Group Auto (HKSE:06878) 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.
Differ Group Auto's Inventory Turnover for the
six
months ended in Jun. 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.
Differ Group Auto's Inventory to Revenue for the
six
months ended in Jun. 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.
Differ Group Auto Days Inventory Related Terms
Thank you for viewing the detailed overview of Differ Group Auto's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Differ Group Auto (HKSE:06878) Business Description
Differ Group Auto Ltd, formerly Differ Group Holding Co Ltd provides finance leases to corporate customers, which are mainly small and medium enterprises, incorporated and operating in Mainland China. The reportable segments of the Group are, Financial services segment includes the provision of guarantee services, express loan services, consultancy services, finance lease services, financial securities services, and assets management in the PRC and Hong Kong; Property development and investment segment includes property development projects and property investment activities in the PRC; Trading of commodities segment includes trading of commodities in the PRC; and Automobile e-commerce includes online e-commerce platform in the automobile industry in the PRC.
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