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China Ecotourism Group (HKSE:01371) Days Inventory : 156.26 (As of Dec. 2023)


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What is China Ecotourism Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Ecotourism Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$29.25 Mil. China Ecotourism Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$34.16 Mil. Hence, China Ecotourism Group's Days Inventory for the six months ended in Dec. 2023 was 156.26.

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

HKSE:01371' s Days Inventory Range Over the Past 10 Years
Min: 46.81   Med: 66.9   Max: 228.84
Current: 228.84

During the past 13 years, China Ecotourism Group's highest Days Inventory was 228.84. The lowest was 46.81. And the median was 66.90.

HKSE:01371's Days Inventory is ranked worse than
86.74% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs HKSE:01371: 228.84

China Ecotourism Group's Days Inventory increased from Dec. 2021 (87.44) to Dec. 2023 (156.26). It might indicate that China Ecotourism Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Ecotourism Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.17.

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 Ecotourism Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.62.


China Ecotourism Group Days Inventory Historical Data

The historical data trend for China Ecotourism Group'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 Ecotourism Group Days Inventory Chart

China Ecotourism Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.38 78.70 63.89 46.81 67.42

China Ecotourism Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec23
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 53.19 212.68 87.44 244.93 156.26

Competitive Comparison of China Ecotourism Group's Days Inventory

For the Gambling subindustry, China Ecotourism Group'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 Ecotourism Group's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Days Inventory distribution charts can be found below:

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



China Ecotourism Group Days Inventory Calculation

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

China Ecotourism Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (9.694 + 21.347) / 2 ) / 84.027*365
=15.5205 / 84.027*365
=67.42

China Ecotourism Group'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. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (37.081 + 21.417) / 2 ) / 34.16*365 / 2
=29.249 / 34.16*365 / 2
=156.26

* 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 Ecotourism Group  (HKSE:01371) 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 Ecotourism Group's Inventory Turnover for the six months ended in Dec. 2023 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 Ecotourism Group's Inventory to Revenue for the six months ended in Dec. 2023 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.


China Ecotourism Group Days Inventory Related Terms

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


China Ecotourism Group (HKSE:01371) Business Description

Traded in Other Exchanges
Address
39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
Executives
China Carbon Neutral Development Group Limited 2101 Beneficial owner
Lau Ting
Cao Junsheng 2201 Interest of corporation controlled by you
Mao Yuan Capital Limited 2101 Beneficial owner
Chan Shing 2202 Interest of your spouse
Favor King Limited

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