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Cheung Kong Holdings, Ltd. (OTCPK:CHEUY)
Days Inventory
2,005.62 (As of Dec. 2013)

Cheung Kong Holdings, Ltd.'s inventory for the six months ended in Dec. 2013 was $10,284 Mil. Cheung Kong Holdings, Ltd.'s cost of goods sold for the six months ended in Dec. 2013 was $467 Mil. Hence, Cheung Kong Holdings, Ltd.'s days inventory for the six months ended in Dec. 2013 was 2,005.62.

Cheung Kong Holdings, Ltd.'s days inventory declined from Dec. 2012 (2,546.47) to Dec. 2013 (2,005.62).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory can be measured by Days Sales of Inventory (DSI). Cheung Kong Holdings, Ltd.'s days sales of inventory (DSI) for the six months ended in Dec. 2013 was 603.02.

Inventory turnover measures how fast the company turns over its inventory within a year. Cheung Kong Holdings, Ltd.'s inventory turnover for the six months ended in Dec. 2013 was 0.05.

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. Cheung Kong Holdings, Ltd.'s inventory to revenue ratio for the six months ended in Dec. 2013 was 6.63.


Definition

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

Cheung Kong Holdings, Ltd.'s Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=10284.0938386/1029.00232019*365
=3,647.90

Cheung Kong Holdings, Ltd.'s Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=10284.0938386/466.615106986*91
=2,005.62

* 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).

Cheung Kong Holdings, Ltd.'s Days Sales of Inventory for the six months ended in Dec. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=10284.0938386/1551.94637793*91
=603.02

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

Cheung Kong Holdings, Ltd.'s Inventory Turnover for the six months ended in Dec. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=466.615106986 / 10284.0938386
=0.05

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.

Cheung Kong Holdings, Ltd.'s Inventory to Revenue for the six months ended in Dec. 2013 is calculated as

Inventory to Revenue=Inventory / Revenue
=10284.0938386 / 1551.94637793
=6.63

* 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.

Cheung Kong Holdings, Ltd. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysInventory 925.842,718.053,410.310.003,887.272,229.461,586.241,189.042,979.833,647.90

Cheung Kong Holdings, Ltd. Semi-Annual Data

Jun09Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13
DaysInventory 0.001,594.25444.741,678.87426.36962.97859.552,546.471,659.772,005.62
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