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China Auto Logistics Inc (NAS:CALI)
Days Inventory
9.36 (As of Dec. 2015)

China Auto Logistics Inc's average inventory for the three months ended in Dec. 2015 was $11.7 Mil. China Auto Logistics Inc's cost of goods sold for the three months ended in Dec. 2015 was $114.1 Mil. Hence, China Auto Logistics Inc's days inventory for the three months ended in Dec. 2015 was 9.36.

CALI' s Days Inventory Range Over the Past 10 Years
Min: 11.62   Max: 29.43
Current: 12.08

11.62
29.43

During the past 9 years, China Auto Logistics Inc's highest Days Inventory was 29.43. The lowest was 11.62. And the median was 17.36.

CALI's Days Inventory is ranked higher than
96% of the 1199 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 58.73 vs. CALI: 12.08 )

China Auto Logistics Inc's days inventory declined from Sep. 2014 (16.24) to Dec. 2015 (9.36).

Inventory can be measured by Days Sales of Inventory (DSI). China Auto Logistics Inc's days sales of inventory (DSI) for the three months ended in Dec. 2015 was 9.25.

Inventory turnover measures how fast the company turns over its inventory within a year. China Auto Logistics Inc's inventory turnover for the three months ended in Dec. 2015 was 9.75.

Inventory to revenue ratio 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 Auto Logistics Inc's inventory to revenue ratio for the three months ended in Dec. 2015 was 0.10.


Definition

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

China Auto Logistics Inc's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (16.042 + 12.164) / 2 ) / 442.945*365
=14.103 / 442.945*365
=11.62

China Auto Logistics Inc's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2015 ) + Inventory (Q: Dec. 2015 )) / 2 ) / COGS (Q: Dec. 2015 )*Days in Period
=( (11.25 + 12.164) / 2 ) / 114.091*365 / 4
=11.707 / 114.091*365 / 4
=9.36

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

China Auto Logistics Inc's Days Sales of Inventory for the three months ended in Dec. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=11.707/115.471*365 / 4
=9.25

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

China Auto Logistics Inc's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

3. 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 Auto Logistics Inc's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=11.707 / 115.471
=0.10

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Auto Logistics Inc Annual Data

Nov07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 0.000.0016.5429.4326.6619.9917.5717.1414.4011.62

China Auto Logistics Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Sep15Dec15
DaysInventory 11.6813.8615.2914.3713.2116.2417.4716.478.129.36
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