Haidilao International Holding (HKSE:06862) Days Inventory : 11.73 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Haidilao International Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haidilao International Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,162 Mil. Haidilao International Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$18,082 Mil. Hence, Haidilao International Holding's Days Inventory for the six months ended in Dec. 2023 was 11.73.

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

HKSE:06862' s Days Inventory Range Over the Past 10 Years
Min: 3.27 Med: 11.78 Max: 21.59
Current: 13.35

During the past 9 years, Haidilao International Holding's highest Days Inventory was 21.59. The lowest was 3.27. And the median was 11.78.

HKSE:06862's Days Inventory is ranked better than
54.01% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs HKSE:06862: 13.35

Haidilao International Holding's Days Inventory declined from Dec. 2022 (18.92) to Dec. 2023 (11.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Haidilao International Holding's Inventory Turnover for the six months ended in Dec. 2023 was 15.56.

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. Haidilao International Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Haidilao International Holding Days Inventory Historical Data

The historical data trend for Haidilao International 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.

Haidilao International Holding Days Inventory Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

15.81

18.97

15.06

21.59

13.64

Haidilao International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											15.49	20.73	18.92	15.03	11.73

Competitive Comparison of Haidilao International Holding's Days Inventory

For the Restaurants subindustry, Haidilao International 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.

Haidilao International Holding's Days Inventory Distribution in the Restaurants Industry

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

* The bar in red indicates where Haidilao International Holding's Days Inventory falls into.

Haidilao International Holding Days Inventory Calculation

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

Haidilao International Holding'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
=	( (1275.079	+	1175.404)	/	2 )	/	32798.117	*	365
=	1225.2415					/	32798.117	*	365
=	13.64

Haidilao International Holding'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
=	( (1148.306	+	1175.404)	/	2 )	/	18082.106	*	365 / 2
=	1161.855					/	18082.106	*	365 / 2
=	11.73

Haidilao International Holding (HKSE:06862) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18082.106	/	1161.855
	=	15.56

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1161.855	/	24683.848
	=	0.05

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.

Haidilao International Holding Days Inventory Related Terms

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

Haidilao International Holding (HKSE:06862) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (HKSE:06862) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HDALF:USA 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.

Haidilao International Holding (HKSE:06862) Headlines

No Headlines