China Mobile (China Mobile) Days Inventory : 9.63 (As of Mar. 2024)

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What is China Mobile Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Mobile's Average Total Inventories for the three months ended in Mar. 2024 was $1,734 Mil. China Mobile's Cost of Goods Sold for the three months ended in Mar. 2024 was $16,425 Mil. Hence, China Mobile's Days Inventory for the three months ended in Mar. 2024 was 9.63.

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

CHL' s Days Inventory Range Over the Past 10 Years
Min: 10.04 Med: 12.49 Max: 29.57
Current: 14.32

During the past 13 years, China Mobile's highest Days Inventory was 29.57. The lowest was 10.04. And the median was 12.49.

CHL's Days Inventory is ranked better than
62.59% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.46 vs CHL: 14.32

China Mobile's Days Inventory increased from Mar. 2023 (6.43) to Mar. 2024 (9.63). It might indicate that China Mobile's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Mobile's Inventory Turnover for the three months ended in Mar. 2024 was 9.47.

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 Mobile's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

China Mobile Days Inventory Historical Data

The historical data trend for China Mobile'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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China Mobile Days Inventory Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.02

9.72

10.25

11.07

10.64

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															6.43	41.67	3.72	-	9.63

Competitive Comparison of China Mobile's Days Inventory

For the Telecom Services subindustry, China Mobile'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 Mobile's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Mobile's Days Inventory falls into.

China Mobile Days Inventory Calculation

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

China Mobile'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
=	( (1677.64	+	1684.267)	/	2 )	/	57659.729	*	365
=	1680.9535					/	57659.729	*	365
=	10.64

China Mobile'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
=	( (1684.267	+	1783.934)	/	2 )	/	16425.189	*	365 / 4
=	1734.1005					/	16425.189	*	365 / 4
=	9.63

China Mobile (NYSE:CHL) 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 Mobile's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16425.189	/	1734.1005
	=	9.47

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 Mobile's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1734.1005	/	36618.343
	=	0.05

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 Mobile Days Inventory Related Terms

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

China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.