Chanson International Holding (Chanson International Holding) Days Inventory : 25.68 (As of Dec. 2023)

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What is Chanson International Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chanson International Holding's Average Total Inventories for the six months ended in Dec. 2023 was $0.65 Mil. Chanson International Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.63 Mil. Hence, Chanson International Holding's Days Inventory for the six months ended in Dec. 2023 was 25.68.

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

CHSN' s Days Inventory Range Over the Past 10 Years
Min: 19.3 Med: 25.92 Max: 31.08
Current: 26.67

During the past 6 years, Chanson International Holding's highest Days Inventory was 31.08. The lowest was 19.30. And the median was 25.92.

CHSN's Days Inventory is ranked worse than
69.14% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs CHSN: 26.67

Chanson International Holding's Days Inventory declined from Dec. 2022 (41.18) to Dec. 2023 (25.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chanson International Holding's Inventory Turnover for the six months ended in Dec. 2023 was 7.11.

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. Chanson International Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

Chanson International Holding Days Inventory Historical Data

The historical data trend for Chanson 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.

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Chanson International Holding Days Inventory Chart

Chanson International Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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20.71

28.97

23.42

31.08

28.42

Chanson International Holding Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						22.38	22.50	41.18	25.92	25.68

Competitive Comparison of Chanson International Holding's Days Inventory

For the Restaurants subindustry, Chanson 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.

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

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

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

Chanson International Holding Days Inventory Calculation

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

Chanson 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
=	( (0.694	+	0.724)	/	2 )	/	9.106	*	365
=	0.709					/	9.106	*	365
=	28.42

Chanson 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
=	( (0.578	+	0.724)	/	2 )	/	4.626	*	365 / 2
=	0.651					/	4.626	*	365 / 2
=	25.68

Chanson International Holding (NAS:CHSN) 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.

Chanson 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
	=	4.626	/	0.651
	=	7.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.651	/	8.441
	=	0.08

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.

Chanson International Holding Days Inventory Related Terms

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

Chanson International Holding (Chanson International Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chanson International Holding (NAS:CHSN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Culture Road, Tianshan District, Urumqi, Xinjiang, CHN

Website

https://www.chanson-international.com

Chanson International Holding manufactures and sells a wide selection of bakery products, seasonal products, and beverage products; some of these stores also offer eat-in services. It focuses to make healthy, nutritious, and ready-to-eat food through advanced facilities and industry research and to create a comfortable, yet distinguishable store environment in which customers can enjoy their products.

Chanson International Holding (Chanson International Holding) Headlines

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