Dadi International Group (HKSE:08130) Days Inventory : 45.38 (As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Dadi International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dadi International Group's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.37 Mil. Dadi International Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$0.75 Mil. Hence, Dadi International Group's Days Inventory for the three months ended in Sep. 2023 was 45.38.

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

HKSE:08130' s Days Inventory Range Over the Past 10 Years
Min: 14.83 Med: 23.76 Max: 32.68
Current: 17.82

During the past 13 years, Dadi International Group's highest Days Inventory was 32.68. The lowest was 14.83. And the median was 23.76.

HKSE:08130's Days Inventory is ranked better than
56.6% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs HKSE:08130: 17.82

Dadi International Group's Days Inventory increased from Sep. 2022 (29.94) to Sep. 2023 (45.38). It might indicate that Dadi International Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dadi International Group's Inventory Turnover for the three months ended in Sep. 2023 was 2.01.

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. Dadi International Group's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.09.

Dadi International Group Days Inventory Historical Data

The historical data trend for Dadi International 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.

* Premium members only.

Dadi International Group Days Inventory Chart

Dadi International Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

32.68

14.83

Dadi International 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															29.94	15.41	11.74	8.31	45.38

Competitive Comparison of Dadi International Group's Days Inventory

For the Publishing subindustry, Dadi International 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.

Dadi International Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dadi International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dadi International Group's Days Inventory falls into.

Dadi International Group Days Inventory Calculation

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

Dadi International Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.745	+	0.274)	/	2 )	/	24.841	*	365
=	1.0095					/	24.841	*	365
=	14.83

Dadi International 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	+	0.374)	/	1 )	/	0.752	*	365 / 4
=	0.374					/	0.752	*	365 / 4
=	45.38

Dadi International Group (HKSE:08130) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.752	/	0.374
	=	2.01

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.374	/	4.268
	=	0.09

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.

Dadi International Group Days Inventory Related Terms

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

Dadi International Group (HKSE:08130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dadi International Group Ltd (HKSE:08130) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Number 1 Harbour Road, Unit No.02 on 31st Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG

Website

https://www.dadi-international.com.hk

Dadi International Group Ltd is engaged in designing, production, acting as agency and placement of advertisements, information consulting, and marketing planning in the Peoples Republic of China. The company also provides environmental consultancy services, financial leasing and other financial services, and publication, purchase and distribution of books. It derives the majority of the revenue from publication, purchase and distribution of books. It operates in three geographical areas Hong Kong, Japan and the PRC with the majority of the revenue generated from the PRC. The segments of the company are Advertising and media-related services, Financial leasing and other financial services; Publication, purchase and distribution of books, and Environmental consultancy services.

Executives

Zhang Xiongfeng	2101 Beneficial owner
Shan Xi Sheng Guo You Zi Ben Tou Zi Yun Ying You Xian Gong Si	2201 Interest of corporation controlled by you

Dadi International Group (HKSE:08130) Headlines

No Headlines