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Jiangsu Tianmu Lake Tourism Co (SHSE:603136) Days Inventory : 6.39 (As of Mar. 2024)


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What is Jiangsu Tianmu Lake Tourism Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Tianmu Lake Tourism Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥4.6 Mil. Jiangsu Tianmu Lake Tourism Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥65.9 Mil. Hence, Jiangsu Tianmu Lake Tourism Co's Days Inventory for the three months ended in Mar. 2024 was 6.39.

The historical rank and industry rank for Jiangsu Tianmu Lake Tourism Co's Days Inventory or its related term are showing as below:

SHSE:603136' s Days Inventory Range Over the Past 10 Years
Min: 6.22   Med: 12.94   Max: 20.85
Current: 6.55

During the past 11 years, Jiangsu Tianmu Lake Tourism Co's highest Days Inventory was 20.85. The lowest was 6.22. And the median was 12.94.

SHSE:603136's Days Inventory is ranked better than
75.93% of 673 companies
in the Travel & Leisure industry
Industry Median: 34.93 vs SHSE:603136: 6.55

Jiangsu Tianmu Lake Tourism Co's Days Inventory declined from Mar. 2023 (6.50) to Mar. 2024 (6.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Tianmu Lake Tourism Co's Inventory Turnover for the three months ended in Mar. 2024 was 14.27.

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. Jiangsu Tianmu Lake Tourism Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Jiangsu Tianmu Lake Tourism Co Days Inventory Historical Data

The historical data trend for Jiangsu Tianmu Lake Tourism 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.

Jiangsu Tianmu Lake Tourism Co Days Inventory Chart

Jiangsu Tianmu Lake Tourism 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 12.58 12.51 11.28 8.92 6.22

Jiangsu Tianmu Lake Tourism 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 6.50 7.25 6.76 6.45 6.39

Competitive Comparison of Jiangsu Tianmu Lake Tourism Co's Days Inventory

For the Lodging subindustry, Jiangsu Tianmu Lake Tourism 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.


Jiangsu Tianmu Lake Tourism Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jiangsu Tianmu Lake Tourism Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Tianmu Lake Tourism Co's Days Inventory falls into.



Jiangsu Tianmu Lake Tourism Co Days Inventory Calculation

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

Jiangsu Tianmu Lake Tourism 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
=( (5.008 + 4.796) / 2 ) / 287.635*365
=4.902 / 287.635*365
=6.22

Jiangsu Tianmu Lake Tourism 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
=( (4.796 + 4.444) / 2 ) / 65.933*365 / 4
=4.62 / 65.933*365 / 4
=6.39

* 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.


Jiangsu Tianmu Lake Tourism Co  (SHSE:603136) 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.

Jiangsu Tianmu Lake Tourism 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.

Jiangsu Tianmu Lake Tourism 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.


Jiangsu Tianmu Lake Tourism Co Days Inventory Related Terms

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Jiangsu Tianmu Lake Tourism Co (SHSE:603136) Business Description

Traded in Other Exchanges
N/A
Address
Tianmu Lake Tourism Resort on the 1st West Lake Road, Jiangsu Province, Liyang, CHN, 213333
Jiangsu Tianmu Lake Tourism Co Ltd is mainly engaged in the development, management, and operation of a tourist attractions in China. Its business projects involved mainly include scenic area management, water world theme parks, hot springs, hotels, travel agencies, and other related tourism.

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