Asia Strategic Holdings (LSE:ASIA) Days Inventory : 7.02 (As of Sep. 2023)

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What is Asia Strategic Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Strategic Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $0.20 Mil. Asia Strategic Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $5.29 Mil. Hence, Asia Strategic Holdings's Days Inventory for the six months ended in Sep. 2023 was 7.02.

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

LSE:ASIA' s Days Inventory Range Over the Past 10 Years
Min: 3.35 Med: 4.82 Max: 6.95
Current: 6.85

During the past 8 years, Asia Strategic Holdings's highest Days Inventory was 6.95. The lowest was 3.35. And the median was 4.82.

LSE:ASIA's Days Inventory is not ranked
in the Education industry.
Industry Median: 8.13 vs LSE:ASIA: 6.85

Asia Strategic Holdings's Days Inventory increased from Sep. 2022 (4.66) to Sep. 2023 (7.02). It might indicate that Asia Strategic Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Strategic Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 25.98.

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. Asia Strategic Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.

Asia Strategic Holdings Days Inventory Historical Data

The historical data trend for Asia Strategic 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.

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Asia Strategic Holdings Days Inventory Chart

Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Days Inventory

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3.35

4.82

6.95

Asia Strategic Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial										3.73	3.11	4.66	6.54	7.02

Competitive Comparison of Asia Strategic Holdings's Days Inventory

For the Education & Training Services subindustry, Asia Strategic 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.

Asia Strategic Holdings's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Asia Strategic Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Strategic Holdings's Days Inventory falls into.

Asia Strategic Holdings Days Inventory Calculation

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

Asia Strategic Holdings'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
=	( (0.166	+	0.222)	/	2 )	/	10.185	*	365
=	0.194					/	10.185	*	365
=	6.95

Asia Strategic Holdings'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.185	+	0.222)	/	2 )	/	5.287	*	365 / 2
=	0.2035					/	5.287	*	365 / 2
=	7.02

Asia Strategic Holdings (LSE:ASIA) 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.

Asia Strategic Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.287	/	0.2035
	=	25.98

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.

Asia Strategic Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2035	/	12.601
	=	0.02

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.

Asia Strategic Holdings Days Inventory Related Terms

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

Asia Strategic Holdings (LSE:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Asia Strategic Holdings Ltd (LSE:ASIA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624

Website

http://www.asia-strategic.com

Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.