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China Tobacco International (HK) Co (HKSE:06055) Days Inventory : 132.92 (As of Dec. 2023)


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What is China Tobacco International (HK) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Tobacco International (HK) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$2,731 Mil. China Tobacco International (HK) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,749 Mil. Hence, China Tobacco International (HK) Co's Days Inventory for the six months ended in Dec. 2023 was 132.92.

The historical rank and industry rank for China Tobacco International (HK) Co's Days Inventory or its related term are showing as below:

HKSE:06055' s Days Inventory Range Over the Past 10 Years
Min: 27.2   Med: 81.67   Max: 106.93
Current: 90.23

During the past 8 years, China Tobacco International (HK) Co's highest Days Inventory was 106.93. The lowest was 27.20. And the median was 81.67.

HKSE:06055's Days Inventory is ranked better than
62.75% of 51 companies
in the Tobacco Products industry
Industry Median: 130.97 vs HKSE:06055: 90.23

China Tobacco International (HK) Co's Days Inventory increased from Dec. 2022 (111.46) to Dec. 2023 (132.92). It might indicate that China Tobacco International (HK) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Tobacco International (HK) Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.37.

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 Tobacco International (HK) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.67.


China Tobacco International (HK) Co Days Inventory Historical Data

The historical data trend for China Tobacco International (HK) 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.

China Tobacco International (HK) Co Days Inventory Chart

China Tobacco International (HK) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 27.20 97.81 68.08 92.18 93.10

China Tobacco International (HK) Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.12 100.35 111.46 65.15 132.92

Competitive Comparison of China Tobacco International (HK) Co's Days Inventory

For the Tobacco subindustry, China Tobacco International (HK) 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.


China Tobacco International (HK) Co's Days Inventory Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's Days Inventory falls into.



China Tobacco International (HK) Co Days Inventory Calculation

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

China Tobacco International (HK) 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
=( (2509.288 + 2973.65) / 2 ) / 10747.897*365
=2741.469 / 10747.897*365
=93.10

China Tobacco International (HK) Co'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
=( (2487.587 + 2973.65) / 2 ) / 3749.243*365 / 2
=2730.6185 / 3749.243*365 / 2
=132.92

* 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 Tobacco International (HK) Co  (HKSE:06055) 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 Tobacco International (HK) Co'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 Tobacco International (HK) Co'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 Tobacco International (HK) Co Days Inventory Related Terms

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China Tobacco International (HK) Co (HKSE:06055) Business Description

Traded in Other Exchanges
N/A
Address
18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

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