Days Inventory is also known as Days Sales of Inventory (DSI). China Feihe's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$2,339 Mil. China Feihe's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$3,820 Mil.
Hence, China Feihe's Days Inventory for the
six
months ended in Dec. 2023 was 111.71.
The historical rank and industry rank for China Feihe's Days Inventory or its related term are showing as below:
HKSE:06186'
s Days Inventory Range Over the Past 10 Years
Min: 57.99 Med: 66.13 Max: 114.09
Current: 111.8
During the past 8 years, China Feihe's highest Days Inventory was 114.09. The lowest was 57.99. And the median was 66.13.
HKSE:06186's Days Inventory is ranked worse than 66.29% of 1786
companies
in the Consumer Packaged Goods industry
Industry Median: 82.33
vs HKSE:06186: 111.80
China Feihe's Days Inventory
increased
from Dec. 2022 (78.04) to Dec. 2023 (111.71).
It might indicate that China Feihe's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Feihe's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.63.
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 Feihe's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.22.
China Feihe Days Inventory Historical Data
The historical data trend for China Feihe'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.
Competitive Comparison of China Feihe's Days Inventory
For the Packaged Foods subindustry, China Feihe'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 Feihe's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Feihe's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Feihe's Days Inventory falls into.
China Feihe Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Feihe's Days Inventory for the fiscal year that 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.
China Feihe (HKSE:06186) 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 Feihe'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 Feihe'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 Feihe Days Inventory Related Terms
Thank you for viewing the detailed overview of China Feihe's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.
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