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Hang Chi Holdings (HKSE:08405) Days Inventory : 0.00 (As of Dec. 2023)


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What is Hang Chi Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hang Chi Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.0 Mil. Hang Chi Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$3.6 Mil. Hence, Hang Chi Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Hang Chi Holdings's Days Inventory or its related term are showing as below:

HKSE:08405's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 33.01
* Ranked among companies with meaningful Days Inventory only.

Hang Chi Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Hang Chi Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Hang Chi Holdings Days Inventory Historical Data

The historical data trend for Hang Chi Holdings'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.

Hang Chi Holdings Days Inventory Chart

Hang Chi Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Hang Chi Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Hang Chi Holdings's Days Inventory

For the Medical Care Facilities subindustry, Hang Chi Holdings'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.


Hang Chi Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hang Chi Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hang Chi Holdings's Days Inventory falls into.



Hang Chi Holdings Days Inventory Calculation

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

Hang Chi Holdings'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
=( (0 + 0) / 1 ) / 13.113*365
=0 / 13.113*365
=0.00

Hang Chi Holdings'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 3.561*365 / 4
=0 / 3.561*365 / 4
=0.00

* 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.


Hang Chi Holdings  (HKSE:08405) 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.

Hang Chi Holdings's Inventory Turnover for the three 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.

Hang Chi Holdings's Inventory to Revenue for the three 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.


Hang Chi Holdings Days Inventory Related Terms

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


Hang Chi Holdings (HKSE:08405) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Sheung Yuet Road, Unit 09, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Hang Chi Holdings Ltd is engaged in the operation of elderly residential care homes. Its business comprises of providing comprehensive residential care home services to the elderly residents including the provision of accommodation with dietician-managed meal plans, 24-hour nursing and caretaking assistance and professional services such as regular medical consultation, physiotherapy, occupational therapy, psychological and social care services; and the sale of healthcare and medical consumable products and the provision of customizable add-on healthcare services to the elderly residents. The group derives majority of the revenue from Hong Kong.
Executives
Yik Tak Chi 2101 Beneficial owner
Lok Ko Yeung Benjiman
Lui Chi Tat 2101 Beneficial owner
Hang Chi Development & Investment Limited
Lucky Expert Investments Limited
Multifield Investment Development Limited
Shui Wah Limited
Chung Shuk Man
Yik Wai Hang

Hang Chi Holdings (HKSE:08405) Headlines

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