China Aircraft Leasing Group Holdings (HKSE:01848) Days Inventory : 0.15 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is China Aircraft Leasing Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Aircraft Leasing Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$2 Mil. China Aircraft Leasing Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,336 Mil. Hence, China Aircraft Leasing Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.15.

The historical rank and industry rank for China Aircraft Leasing Group Holdings's Days Inventory or its related term are showing as below:

HKSE:01848' s Days Inventory Range Over the Past 10 Years
Min: 0.27 Med: 1.78 Max: 3.2
Current: 0.27

During the past 11 years, China Aircraft Leasing Group Holdings's highest Days Inventory was 3.20. The lowest was 0.27. And the median was 1.78.

HKSE:01848's Days Inventory is ranked better than
96.76% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs HKSE:01848: 0.27

China Aircraft Leasing Group Holdings's Days Inventory declined from Dec. 2022 (0.59) to Dec. 2023 (0.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Aircraft Leasing Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1,198.24.

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. China Aircraft Leasing Group Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

China Aircraft Leasing Group Holdings Days Inventory Historical Data

The historical data trend for China Aircraft Leasing Group 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.

China Aircraft Leasing Group Holdings Days Inventory Chart

China Aircraft Leasing Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

3.20

2.66

0.90

0.31

China Aircraft Leasing Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															3.00	1.10	0.59	0.36	0.15

Competitive Comparison of China Aircraft Leasing Group Holdings's Days Inventory

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group 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.

China Aircraft Leasing Group Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Days Inventory falls into.

China Aircraft Leasing Group Holdings Days Inventory Calculation

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

China Aircraft Leasing Group 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
=	( (5.245	+	1.934)	/	2 )	/	4159.866	*	365
=	3.5895					/	4159.866	*	365
=	0.31

China Aircraft Leasing Group 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
=	( (1.965	+	1.934)	/	2 )	/	2335.961	*	365 / 2
=	1.9495					/	2335.961	*	365 / 2
=	0.15

China Aircraft Leasing Group Holdings (HKSE:01848) 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.

China Aircraft Leasing Group Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2335.961	/	1.9495
	=	1,198.24

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.

China Aircraft Leasing Group Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.9495	/	2222.556
	=	0.00

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.

China Aircraft Leasing Group Holdings Days Inventory Related Terms

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

China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

China Aircraft Leasing Group Holdings (HKSE:01848) Headlines

No Headlines