ANTA Sports Products (HKSE:02020) Days Inventory : 100.49 (As of Dec. 2023)

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What is ANTA Sports Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ANTA Sports Products's Average Total Inventories for the six months ended in Dec. 2023 was HK$7,491 Mil. ANTA Sports Products's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$13,604 Mil. Hence, ANTA Sports Products's Days Inventory for the six months ended in Dec. 2023 was 100.49.

The historical rank and industry rank for ANTA Sports Products's Days Inventory or its related term are showing as below:

HKSE:02020' s Days Inventory Range Over the Past 10 Years
Min: 58.5 Med: 85.08 Max: 144.33
Current: 116.64

During the past 13 years, ANTA Sports Products's highest Days Inventory was 144.33. The lowest was 58.50. And the median was 85.08.

HKSE:02020's Days Inventory is ranked worse than
73.05% of 668 companies
in the Travel & Leisure industry
Industry Median: 37.185 vs HKSE:02020: 116.64

ANTA Sports Products's Days Inventory declined from Dec. 2022 (135.87) to Dec. 2023 (100.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. ANTA Sports Products's Inventory Turnover for the six months ended in Dec. 2023 was 1.82.

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. ANTA Sports Products's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.

ANTA Sports Products Days Inventory Historical Data

The historical data trend for ANTA Sports Products'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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ANTA Sports Products Days Inventory Chart

ANTA Sports Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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87.94

118.15

124.94

144.33

124.22

ANTA Sports Products 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															112.34	149.77	135.87	126.99	100.49

Competitive Comparison of ANTA Sports Products's Days Inventory

For the Leisure subindustry, ANTA Sports Products'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.

ANTA Sports Products's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ANTA Sports Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where ANTA Sports Products's Days Inventory falls into.

ANTA Sports Products Days Inventory Calculation

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

ANTA Sports Products'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
=	( (9480.908	+	7886.146)	/	2 )	/	25515.674	*	365
=	8683.527					/	25515.674	*	365
=	124.22

ANTA Sports Products'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
=	( (7095.354	+	7886.146)	/	2 )	/	13604.422	*	365 / 2
=	7490.75					/	13604.422	*	365 / 2
=	100.49

ANTA Sports Products (HKSE:02020) 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.

ANTA Sports Products's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13604.422	/	7490.75
	=	1.82

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.

ANTA Sports Products's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7490.75	/	35778.601
	=	0.21

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.

ANTA Sports Products Days Inventory Related Terms

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

ANTA Sports Products (HKSE:02020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ANTA Sports Products Ltd (HKSE:02020) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ANPDY:USA ANPDF:USA ANTA:Mexico AS7:Germany

Address

Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212

Website

https://www.anta.com

Anta Sports is the largest Chinese sportswear company, engaging in the design, manufacturing, and marketing of sportswear. Brands under Anta's management include the Anta core brand, Fila, Descente, Sprandi, Kolon, and KingKow. As of the end of 2020, the company had 12,260 stores, of which 9,922 were Anta stores and 2,006 were Fila stores.

ANTA Sports Products (HKSE:02020) Headlines

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