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Flydoo Technology Holding (HKSE:08069) Days Inventory : 8.91 (As of Sep. 2023)


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What is Flydoo Technology Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flydoo Technology Holding's Average Total Inventories for the three months ended in Sep. 2023 was HK$7.1 Mil. Flydoo Technology Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$72.9 Mil. Hence, Flydoo Technology Holding's Days Inventory for the three months ended in Sep. 2023 was 8.91.

The historical rank and industry rank for Flydoo Technology Holding's Days Inventory or its related term are showing as below:

HKSE:08069' s Days Inventory Range Over the Past 10 Years
Min: 0.43   Med: 1.13   Max: 184.75
Current: 10.68

During the past 9 years, Flydoo Technology Holding's highest Days Inventory was 184.75. The lowest was 0.43. And the median was 1.13.

HKSE:08069's Days Inventory is ranked better than
68.75% of 672 companies
in the Travel & Leisure industry
Industry Median: 35.91 vs HKSE:08069: 10.68

Flydoo Technology Holding's Days Inventory declined from Sep. 2022 (44.43) to Sep. 2023 (8.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Flydoo Technology Holding's Inventory Turnover for the three months ended in Sep. 2023 was 10.24.

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. Flydoo Technology Holding's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.08.


Flydoo Technology Holding Days Inventory Historical Data

The historical data trend for Flydoo Technology Holding'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.

Flydoo Technology Holding Days Inventory Chart

Flydoo Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.63 0.51 27.84 184.75 13.51

Flydoo Technology Holding 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 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 44.43 11.95 14.01 10.82 8.91

Competitive Comparison of Flydoo Technology Holding's Days Inventory

For the Travel Services subindustry, Flydoo Technology Holding'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.


Flydoo Technology Holding's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flydoo Technology Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flydoo Technology Holding's Days Inventory falls into.



Flydoo Technology Holding Days Inventory Calculation

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

Flydoo Technology Holding'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
=( (0.218 + 9.384) / 2 ) / 129.731*365
=4.801 / 129.731*365
=13.51

Flydoo Technology Holding'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 + 7.113) / 1 ) / 72.863*365 / 4
=7.113 / 72.863*365 / 4
=8.91

* 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.


Flydoo Technology Holding  (HKSE:08069) 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.

Flydoo Technology Holding's Inventory Turnover for the three months ended in Sep. 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.

Flydoo Technology Holding's Inventory to Revenue for the three months ended in Sep. 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.


Flydoo Technology Holding Days Inventory Related Terms

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


Flydoo Technology Holding (HKSE:08069) Business Description

Traded in Other Exchanges
N/A
Address
28 Canton Road, Unit 706-8, 7th Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Flydoo Technology Holding Ltd is a travel agency in Hong Kong. It designs, develops and sells package tour and adjacent products such as air tickets and hotel accommodations.
Executives
Chan Suk Mei 2201 Interest of corporation controlled by you
Yuen Sze Keung 2201 Interest of corporation controlled by you
Zong Heng You Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

Flydoo Technology Holding (HKSE:08069) Headlines

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