Jiumaojiu International Holdings (HKSE:09922) Days Inventory : 24.49 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Jiumaojiu International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiumaojiu International Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$140 Mil. Jiumaojiu International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,044 Mil. Hence, Jiumaojiu International Holdings's Days Inventory for the six months ended in Dec. 2023 was 24.49.

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

HKSE:09922' s Days Inventory Range Over the Past 10 Years
Min: 8.35 Med: 11.31 Max: 20.53
Current: 16.7

During the past 8 years, Jiumaojiu International Holdings's highest Days Inventory was 20.53. The lowest was 8.35. And the median was 11.31.

HKSE:09922's Days Inventory is ranked worse than
52.24% of 335 companies
in the Restaurants industry
Industry Median: 15.57 vs HKSE:09922: 16.70

Jiumaojiu International Holdings's Days Inventory declined from Dec. 2022 (34.89) to Dec. 2023 (24.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiumaojiu International Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 7.45.

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. Jiumaojiu International Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Jiumaojiu International Holdings Days Inventory Historical Data

The historical data trend for Jiumaojiu International 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.

Jiumaojiu International Holdings Days Inventory Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

11.98

12.12

8.35

20.53

16.81

Jiumaojiu International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									8.98	11.40	34.89	12.47	24.49

Competitive Comparison of Jiumaojiu International Holdings's Days Inventory

For the Restaurants subindustry, Jiumaojiu International 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.

Jiumaojiu International Holdings's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiumaojiu International Holdings's Days Inventory falls into.

Jiumaojiu International Holdings Days Inventory Calculation

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

Jiumaojiu International 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
=	( (131.883	+	144.46)	/	2 )	/	3000.785	*	365
=	138.1715					/	3000.785	*	365
=	16.81

Jiumaojiu International 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (135.634	+	144.46)	/	2 )	/	1043.675	*	365 / 2
=	140.047					/	1043.675	*	365 / 2
=	24.49

Jiumaojiu International Holdings (HKSE:09922) 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.

Jiumaojiu International Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1043.675	/	140.047
	=	7.45

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.

Jiumaojiu International Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	140.047	/	3397.745
	=	0.04

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.

Jiumaojiu International Holdings Days Inventory Related Terms

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

Jiumaojiu International Holdings (HKSE:09922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Executives

Invesco Asset Management Limited	2102 Investment manager
Jpmorgan Chase & Co.	2502 Approved lending agent
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Guan Yihong	2201 Interest of corporation controlled by you
Gyh J Limited	2101 Beneficial owner
Yang Sanyin	2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Chen Haixia	2201 Interest of corporation controlled by you
Mx J Limited	2101 Beneficial owner
Mt J Limited	2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

No Headlines