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King Stone Energy Group (King Stone Energy Group) Days Inventory : 27.78 (As of Jun. 2023)


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What is King Stone Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). King Stone Energy Group's Average Total Inventories for the six months ended in Jun. 2023 was $0.98 Mil. King Stone Energy Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $6.41 Mil. Hence, King Stone Energy Group's Days Inventory for the six months ended in Jun. 2023 was 27.78.

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

YNSKF' s Days Inventory Range Over the Past 10 Years
Min: 12.46   Med: 40.91   Max: 80.32
Current: 32.82

During the past 13 years, King Stone Energy Group's highest Days Inventory was 80.32. The lowest was 12.46. And the median was 40.91.

YNSKF's Days Inventory is not ranked
in the Conglomerates industry.
Industry Median: 75.44 vs YNSKF: 32.82

King Stone Energy Group's Days Inventory declined from Jun. 2022 (69.86) to Jun. 2023 (27.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. King Stone Energy Group's Inventory Turnover for the six months ended in Jun. 2023 was 6.57.

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. King Stone Energy Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.13.


King Stone Energy Group Days Inventory Historical Data

The historical data trend for King Stone Energy 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.

King Stone Energy Group Days Inventory Chart

King Stone Energy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.73 12.54 55.57 64.76 30.25

King Stone Energy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 446.51 61.44 69.86 34.06 27.78

Competitive Comparison of King Stone Energy Group's Days Inventory

For the Conglomerates subindustry, King Stone Energy 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.


King Stone Energy Group's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, King Stone Energy Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where King Stone Energy Group's Days Inventory falls into.



King Stone Energy Group Days Inventory Calculation

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

King Stone Energy Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.458 + 1.458) / 2 ) / 17.591*365
=1.458 / 17.591*365
=30.25

King Stone Energy Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.458 + 0.493) / 2 ) / 6.408*365 / 2
=0.9755 / 6.408*365 / 2
=27.78

* 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.


King Stone Energy Group  (OTCPK:YNSKF) 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.

King Stone Energy Group'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.

King Stone Energy Group'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.


King Stone Energy Group Days Inventory Related Terms

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


King Stone Energy Group (King Stone Energy Group) Business Description

Traded in Other Exchanges
Address
138 Queen’s Road Central, 17th Floor, V Heun Building, Central, Hong Kong, HKG
King Stone Energy Group Ltd is an Investment Holding company. The company operates through seven segments namely silver mining, Oil and gas, Asset financing, Photovoltaic, Trading, and Tourism. It operates in Mainland China and the United States. The company's majorityt of the revenue comes from Mainland China.

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