China Outfitters Holdings (HKSE:01146) Days Inventory : 419.15 (As of Dec. 2023)

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What is China Outfitters Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Outfitters Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$160.6 Mil. China Outfitters Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$69.9 Mil. Hence, China Outfitters Holdings's Days Inventory for the six months ended in Dec. 2023 was 419.15.

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

HKSE:01146' s Days Inventory Range Over the Past 10 Years
Min: 259.87 Med: 436.93 Max: 630.8
Current: 553.93

During the past 13 years, China Outfitters Holdings's highest Days Inventory was 630.80. The lowest was 259.87. And the median was 436.93.

HKSE:01146's Days Inventory is ranked worse than
96.63% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.69 vs HKSE:01146: 553.93

China Outfitters Holdings's Days Inventory declined from Dec. 2022 (482.52) to Dec. 2023 (419.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Outfitters Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.44.

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 Outfitters Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.56.

China Outfitters Holdings Days Inventory Historical Data

The historical data trend for China Outfitters Holdings'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 Outfitters Holdings Days Inventory Chart

China Outfitters Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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515.87

328.60

568.84

630.80

547.44

China Outfitters Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															471.33	908.38	482.52	765.08	419.15

Competitive Comparison of China Outfitters Holdings's Days Inventory

For the Apparel Manufacturing subindustry, China Outfitters Holdings'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 Outfitters Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Outfitters Holdings's Days Inventory distribution charts can be found below:

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

China Outfitters Holdings Days Inventory Calculation

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

China Outfitters Holdings'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
=	( (208.456	+	140.463)	/	2 )	/	116.319	*	365
=	174.4595					/	116.319	*	365
=	547.44

China Outfitters Holdings'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (180.656	+	140.463)	/	2 )	/	69.909	*	365 / 2
=	160.5595					/	69.909	*	365 / 2
=	419.15

China Outfitters Holdings (HKSE:01146) 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 Outfitters Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	69.909	/	160.5595
	=	0.44

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 Outfitters Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	160.5595	/	102.748
	=	1.56

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 Outfitters Holdings Days Inventory Related Terms

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

China Outfitters Holdings (HKSE:01146) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Outfitters Holdings Ltd (HKSE:01146) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tong Pu Road, No. 9 Lane 1225, Pu Tuo District, Shanghai, CHN, 200333

Website

https://www.cohl.hk

China Outfitters Holdings Ltd is engaged in designing, manufacturing, marketing and selling apparel products and accessories in the People's Republic of China, with a focus on menswear. The company's apparel products and accessories segment is engaged in the business of design, manufacture, marketing and selling of apparel products and accessories in the PRC with a focus on menswear; and the property development segment is engaged in the business of the development of properties in the PRC. The apparel products and accessories segment generates majority of its revenue.

Executives

Huang Xiaoyun	2101 Beneficial owner
Zhang Yongli	2101 Beneficial owner
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Kravis Henry Roberts	2201 Interest of corporation controlled by you
Kkr China Growth Fund L.p.	2201 Interest of corporation controlled by you
Kkr China Apparel Limited	2101 Beneficial owner
Kkr Associates China Growth L.p.	2201 Interest of corporation controlled by you
Roberts George R.	2201 Interest of corporation controlled by you
Kkr Management Llp (formerly Known As Kkr Management Llc)	2201 Interest of corporation controlled by you
Kkr Group Partnership L.p. (formerly Known As Kkr Fund Holdings L.p.)	2201 Interest of corporation controlled by you
Kkr Group Holdings L.p. (formerly Known As Kkr Holdings L.p.)	2201 Interest of corporation controlled by you
Kkr Group Holdings Corp.	2201 Interest of corporation controlled by you
Kkr Group Co. Inc. (formerly Known As Kkr & Co. Inc.)	2201 Interest of corporation controlled by you
Kkr China Growth Limited	2201 Interest of corporation controlled by you
Kkr & Co. Inc. (formerly Known As Kkr Aubergine Inc.)	2201 Interest of corporation controlled by you

China Outfitters Holdings (HKSE:01146) Headlines

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