Emperor Entertainment Hotel (HKSE:00296) Days Inventory : 8.93 (As of Sep. 2023)

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What is Emperor Entertainment Hotel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emperor Entertainment Hotel's Average Total Inventories for the six months ended in Sep. 2023 was HK$11.7 Mil. Emperor Entertainment Hotel's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$238.1 Mil. Hence, Emperor Entertainment Hotel's Days Inventory for the six months ended in Sep. 2023 was 8.93.

The historical rank and industry rank for Emperor Entertainment Hotel's Days Inventory or its related term are showing as below:

HKSE:00296' s Days Inventory Range Over the Past 10 Years
Min: 8.29 Med: 9.43 Max: 12.07
Current: 10.01

During the past 13 years, Emperor Entertainment Hotel's highest Days Inventory was 12.07. The lowest was 8.29. And the median was 9.43.

HKSE:00296's Days Inventory is ranked better than
70.98% of 672 companies
in the Travel & Leisure industry
Industry Median: 34.995 vs HKSE:00296: 10.01

Emperor Entertainment Hotel's Days Inventory declined from Sep. 2022 (9.28) to Sep. 2023 (8.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Emperor Entertainment Hotel's Inventory Turnover for the six months ended in Sep. 2023 was 20.43.

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. Emperor Entertainment Hotel's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.03.

Emperor Entertainment Hotel Days Inventory Historical Data

The historical data trend for Emperor Entertainment Hotel'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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Emperor Entertainment Hotel Days Inventory Chart

Emperor Entertainment Hotel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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9.63

10.11

12.07

8.68

10.46

Emperor Entertainment Hotel Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															18.83	5.79	9.28	11.36	8.93

Competitive Comparison of Emperor Entertainment Hotel's Days Inventory

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel'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.

Emperor Entertainment Hotel's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emperor Entertainment Hotel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Emperor Entertainment Hotel's Days Inventory falls into.

Emperor Entertainment Hotel Days Inventory Calculation

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

Emperor Entertainment Hotel'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
=	( (12.014	+	11.312)	/	2 )	/	406.808	*	365
=	11.663					/	406.808	*	365
=	10.46

Emperor Entertainment Hotel'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: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (11.312	+	12.002)	/	2 )	/	238.147	*	365 / 2
=	11.657					/	238.147	*	365 / 2
=	8.93

Emperor Entertainment Hotel (HKSE:00296) 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.

Emperor Entertainment Hotel's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	238.147	/	11.657
	=	20.43

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.

Emperor Entertainment Hotel's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.657	/	371.837
	=	0.03

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.

Emperor Entertainment Hotel Days Inventory Related Terms

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

Emperor Entertainment Hotel (HKSE:00296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emperor Entertainment Hotel Ltd (HKSE:00296) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

EM7A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emp296.com

Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

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