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China Tourism Group Duty Free (SHSE:601888) Days Inventory : 140.60 (As of Mar. 2024)


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What is China Tourism Group Duty Free Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Tourism Group Duty Free's Average Total Inventories for the three months ended in Mar. 2024 was ¥19,325 Mil. China Tourism Group Duty Free's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥12,542 Mil. Hence, China Tourism Group Duty Free's Days Inventory for the three months ended in Mar. 2024 was 140.60.

The historical rank and industry rank for China Tourism Group Duty Free's Days Inventory or its related term are showing as below:

SHSE:601888' s Days Inventory Range Over the Past 10 Years
Min: 34.05   Med: 87.56   Max: 223.09
Current: 186.64

During the past 13 years, China Tourism Group Duty Free's highest Days Inventory was 223.09. The lowest was 34.05. And the median was 87.56.

SHSE:601888's Days Inventory is ranked worse than
73.83% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs SHSE:601888: 186.64

China Tourism Group Duty Free's Days Inventory declined from Mar. 2023 (167.29) to Mar. 2024 (140.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Tourism Group Duty Free's Inventory Turnover for the three months ended in Mar. 2024 was 0.65.

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 Tourism Group Duty Free's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.03.


China Tourism Group Duty Free Days Inventory Historical Data

The historical data trend for China Tourism Group Duty Free'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 Tourism Group Duty Free Days Inventory Chart

China Tourism Group Duty Free 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 114.37 138.52 140.11 223.09 194.13

China Tourism Group Duty Free 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 167.29 227.76 219.89 176.51 140.60

Competitive Comparison of China Tourism Group Duty Free's Days Inventory

For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Days Inventory falls into.



China Tourism Group Duty Free Days Inventory Calculation

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

China Tourism Group Duty Free'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
=( (27926.48 + 21056.915) / 2 ) / 46049.402*365
=24491.6975 / 46049.402*365
=194.13

China Tourism Group Duty Free'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
=( (21056.915 + 17593.451) / 2 ) / 12542.25*365 / 4
=19325.183 / 12542.25*365 / 4
=140.60

* 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 Tourism Group Duty Free  (SHSE:601888) 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 Tourism Group Duty Free'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 Tourism Group Duty Free's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=19325.183 / 18807.169
=1.03

* 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 Tourism Group Duty Free Days Inventory Related Terms

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


China Tourism Group Duty Free (SHSE:601888) Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

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