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China CYTS Tours Holding Co (SHSE:600138) Days Inventory : 115.77 (As of Mar. 2024)


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What is China CYTS Tours Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China CYTS Tours Holding Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,935 Mil. China CYTS Tours Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,525 Mil. Hence, China CYTS Tours Holding Co's Days Inventory for the three months ended in Mar. 2024 was 115.77.

The historical rank and industry rank for China CYTS Tours Holding Co's Days Inventory or its related term are showing as below:

SHSE:600138' s Days Inventory Range Over the Past 10 Years
Min: 22.34   Med: 76.97   Max: 166.16
Current: 98.58

During the past 13 years, China CYTS Tours Holding Co's highest Days Inventory was 166.16. The lowest was 22.34. And the median was 76.97.

SHSE:600138's Days Inventory is ranked worse than
68.8% of 673 companies
in the Travel & Leisure industry
Industry Median: 35.06 vs SHSE:600138: 98.58

China CYTS Tours Holding Co's Days Inventory declined from Mar. 2023 (149.50) to Mar. 2024 (115.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. China CYTS Tours Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.79.

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 CYTS Tours Holding Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.01.


China CYTS Tours Holding Co Days Inventory Historical Data

The historical data trend for China CYTS Tours Holding Co'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 CYTS Tours Holding Co Days Inventory Chart

China CYTS Tours Holding Co 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 76.30 166.16 130.40 144.77 102.61

China CYTS Tours Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 149.50 99.99 104.34 83.63 115.77

Competitive Comparison of China CYTS Tours Holding Co's Days Inventory

For the Lodging subindustry, China CYTS Tours Holding Co'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 CYTS Tours Holding Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China CYTS Tours Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China CYTS Tours Holding Co's Days Inventory falls into.



China CYTS Tours Holding Co Days Inventory Calculation

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

China CYTS Tours Holding Co'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
=( (2123.71 + 1968.871) / 2 ) / 7278.81*365
=2046.2905 / 7278.81*365
=102.61

China CYTS Tours Holding Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1968.871 + 1901.495) / 2 ) / 1525.377*365 / 4
=1935.183 / 1525.377*365 / 4
=115.77

* 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.


China CYTS Tours Holding Co  (SHSE:600138) 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 CYTS Tours Holding Co's Inventory Turnover for the three months ended in Mar. 2024 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.

China CYTS Tours Holding Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


China CYTS Tours Holding Co Days Inventory Related Terms

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


China CYTS Tours Holding Co (SHSE:600138) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Dongzhimen South Street, Zhongyuelv Building, Dongcheng District, Beijing, CHN, 100007
China CYTS Tours Holding Co Ltd is a China-based company engaged in the tourism services industry. It provides services including holiday booking services, the domestic tourist resort, island tourist resort and other services and benefits. The company provides tourism services which include both the domestic and international tour vacations.

China CYTS Tours Holding Co (SHSE:600138) Headlines

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