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Haichang Ocean Park Holdings (HKSE:02255) Days Inventory : 102.61 (As of Dec. 2023)


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What is Haichang Ocean Park Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haichang Ocean Park Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$500 Mil. Haichang Ocean Park Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$890 Mil. Hence, Haichang Ocean Park Holdings's Days Inventory for the six months ended in Dec. 2023 was 102.61.

The historical rank and industry rank for Haichang Ocean Park Holdings's Days Inventory or its related term are showing as below:

HKSE:02255' s Days Inventory Range Over the Past 10 Years
Min: 52.5   Med: 244.99   Max: 518.19
Current: 122.92

During the past 12 years, Haichang Ocean Park Holdings's highest Days Inventory was 518.19. The lowest was 52.50. And the median was 244.99.

HKSE:02255's Days Inventory is ranked worse than
74.89% of 673 companies
in the Travel & Leisure industry
Industry Median: 35.06 vs HKSE:02255: 122.92

Haichang Ocean Park Holdings's Days Inventory increased from Dec. 2022 (72.80) to Dec. 2023 (102.61). It might indicate that Haichang Ocean Park Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Haichang Ocean Park Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.78.

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. Haichang Ocean Park Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.43.


Haichang Ocean Park Holdings Days Inventory Historical Data

The historical data trend for Haichang Ocean Park 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.

Haichang Ocean Park Holdings Days Inventory Chart

Haichang Ocean Park Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.06 111.95 52.50 91.13 123.11

Haichang Ocean Park 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.07 37.62 72.80 152.95 102.61

Competitive Comparison of Haichang Ocean Park Holdings's Days Inventory

For the Leisure subindustry, Haichang Ocean Park 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.


Haichang Ocean Park Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Days Inventory falls into.



Haichang Ocean Park Holdings Days Inventory Calculation

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

Haichang Ocean Park 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
=( (501.469 + 501.538) / 2 ) / 1486.868*365
=501.5035 / 1486.868*365
=123.11

Haichang Ocean Park 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
=( (499.176 + 501.538) / 2 ) / 889.896*365 / 2
=500.357 / 889.896*365 / 2
=102.61

* 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.


Haichang Ocean Park Holdings  (HKSE:02255) 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.

Haichang Ocean Park Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

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.

Haichang Ocean Park Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


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.


Haichang Ocean Park Holdings Days Inventory Related Terms

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


Haichang Ocean Park Holdings (HKSE:02255) Business Description

Traded in Other Exchanges
N/A
Address
Phase 1, No. 4, Lane 255 Dongyu Road, 31st Floor, Building A, Foreshore Beach World Trade Centre, Pudong New District, Shanghai, CHN, 200123
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping. Ocean-themed parks, the style in which Haichang themes most of its parks, focus on marine animal breeding and conservation. Its segments include Park Operations, Operation as a service, and Property Development. Nearly all of its revenues come from Mainland China.

Haichang Ocean Park Holdings (HKSE:02255) Headlines

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