Global Strategic Group (HKSE:08007) Days Inventory : 1.49 (As of Sep. 2023)

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What is Global Strategic Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Strategic Group's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.6 Mil. Global Strategic Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$34.5 Mil. Hence, Global Strategic Group's Days Inventory for the three months ended in Sep. 2023 was 1.49.

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

HKSE:08007' s Days Inventory Range Over the Past 10 Years
Min: 1.27 Med: 2.7 Max: 7.72
Current: 2.02

During the past 13 years, Global Strategic Group's highest Days Inventory was 7.72. The lowest was 1.27. And the median was 2.70.

HKSE:08007's Days Inventory is ranked better than
95.21% of 731 companies
in the Oil & Gas industry
Industry Median: 31.81 vs HKSE:08007: 2.02

Global Strategic Group's Days Inventory declined from Sep. 2022 (4.61) to Sep. 2023 (1.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Strategic Group's Inventory Turnover for the three months ended in Sep. 2023 was 61.06.

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. Global Strategic Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.01.

Global Strategic Group Days Inventory Historical Data

The historical data trend for Global Strategic 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.

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Global Strategic Group Days Inventory Chart

Global Strategic Group Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Sep20

Sep21

Sep22

Sep23

Days Inventory

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1.45

7.72

5.57

3.60

2.70

Global Strategic Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															4.61	3.59	0.62	0.81	1.49

Competitive Comparison of Global Strategic Group's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Global Strategic 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.

Global Strategic Group's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Strategic Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global Strategic Group's Days Inventory falls into.

Global Strategic Group Days Inventory Calculation

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

Global Strategic Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.489	+	0.565)	/	2 )	/	138.816	*	365
=	1.027					/	138.816	*	365
=	2.70

Global Strategic Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.565)	/	1 )	/	34.5	*	365 / 4
=	0.565					/	34.5	*	365 / 4
=	1.49

Global Strategic Group (HKSE:08007) 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.

Global Strategic Group's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.5	/	0.565
	=	61.06

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.

Global Strategic Group's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.565	/	45.062
	=	0.01

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.

Global Strategic Group Days Inventory Related Terms

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

Global Strategic Group (HKSE:08007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Strategic Group Ltd (HKSE:08007) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Lockhart Road, Room 803, 8th Floor, Wanchai Central Building, Wan Cha, Hong Kong, HKG

Website

http://www.globalstrategicgroup.com.hk

Global Strategic Group Ltd is an investment holding company. The company's operating segment includes Natural gas operations; sales and Leasing business and Independent financial advisory. It generates maximum revenue from the Natural gas operations segment. The Natural gas operations segment includes investment in natural gas projects, sales of natural gas, natural gas cooking appliance and accessories, and pipeline installation. Geographically, it derives a majority of revenue from China.

Executives

Sze Ching Lau
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Rifa Securities Limited	2105 Underwriter
Jiang Bin	2101 Beneficial owner
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Infinite Tencent Group Holdings Limited	2201 Interest of corporation controlled by you
Infinite Tencent Media Group Limited	2201 Interest of corporation controlled by you
Wei Yue Tong	2201 Interest of corporation controlled by you
Yi He Group Holdings Limited	2201 Interest of corporation controlled by you

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