Trans Asia Hotels (COL:TRAN.N0000) Days Inventory : 18.44 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is Trans Asia Hotels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trans Asia Hotels's Average Total Inventories for the three months ended in Dec. 2023 was රු126 Mil. Trans Asia Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was රු623 Mil. Hence, Trans Asia Hotels's Days Inventory for the three months ended in Dec. 2023 was 18.44.

The historical rank and industry rank for Trans Asia Hotels's Days Inventory or its related term are showing as below:

COL:TRAN.N0000' s Days Inventory Range Over the Past 10 Years
Min: 10.5 Med: 11.88 Max: 22.72
Current: 22.72

During the past 13 years, Trans Asia Hotels's highest Days Inventory was 22.72. The lowest was 10.50. And the median was 11.88.

COL:TRAN.N0000's Days Inventory is ranked better than
56.55% of 672 companies
in the Travel & Leisure industry
Industry Median: 35.43 vs COL:TRAN.N0000: 22.72

Trans Asia Hotels's Days Inventory declined from Dec. 2022 (23.87) to Dec. 2023 (18.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Trans Asia Hotels's Inventory Turnover for the three months ended in Dec. 2023 was 4.95.

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. Trans Asia Hotels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.

Trans Asia Hotels Days Inventory Historical Data

The historical data trend for Trans Asia Hotels'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.

Trans Asia Hotels Days Inventory Chart

Trans Asia Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

11.59

12.12

20.97

17.92

19.30

Trans Asia Hotels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															23.87	26.64	24.75	20.74	18.44

Competitive Comparison of Trans Asia Hotels's Days Inventory

For the Lodging subindustry, Trans Asia Hotels'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.

Trans Asia Hotels's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trans Asia Hotels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trans Asia Hotels's Days Inventory falls into.

Trans Asia Hotels Days Inventory Calculation

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

Trans Asia Hotels's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (68.971	+	150.177)	/	2 )	/	2072.242	*	365
=	109.574					/	2072.242	*	365
=	19.30

Trans Asia Hotels'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (123.432	+	128.41)	/	2 )	/	623.069	*	365 / 4
=	125.921					/	623.069	*	365 / 4
=	18.44

Trans Asia Hotels (COL:TRAN.N0000) 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.

Trans Asia Hotels's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	623.069	/	125.921
	=	4.95

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.

Trans Asia Hotels's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	125.921	/	1270.701
	=	0.10

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.

Trans Asia Hotels Days Inventory Related Terms

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

Trans Asia Hotels (COL:TRAN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trans Asia Hotels PLC (COL:TRAN.N0000) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

115, Sir Chittampalam A. Gardiner Mawatha, Colombo, LKA, 02

Website

https://www.cinnamonhotels.com

Trans Asia Hotels PLC is a Sri Lanka-based company engaged in the hoteliers business. The company has two reportable segments namely Hotel and Investment properties. It generates maximum revenue from the Hotel segment. The company offers facilities such as soothing spas, ayurvedic treatment centers, rooms, bars, lounges, coffee shops, restaurants, and entertainment spaces combine with star-class service and inspired interiors, giving a heady combination of experiences that are refreshingly authentic.

Trans Asia Hotels (COL:TRAN.N0000) Headlines

No Headlines