CK Hutchison Holdings (CK Hutchison Holdings) Days Inventory : 64.56 (As of Dec. 2023)

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What is CK Hutchison Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CK Hutchison Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $3,146 Mil. CK Hutchison Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $8,893 Mil. Hence, CK Hutchison Holdings's Days Inventory for the six months ended in Dec. 2023 was 64.56.

The historical rank and industry rank for CK Hutchison Holdings's Days Inventory or its related term are showing as below:

CKHUF' s Days Inventory Range Over the Past 10 Years
Min: 60.07 Med: 65.15 Max: 248.6
Current: 65.25

During the past 13 years, CK Hutchison Holdings's highest Days Inventory was 248.60. The lowest was 60.07. And the median was 65.15.

CKHUF's Days Inventory is ranked better than
54.89% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs CKHUF: 65.25

CK Hutchison Holdings's Days Inventory increased from Dec. 2022 (62.48) to Dec. 2023 (64.56). It might indicate that CK Hutchison Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CK Hutchison Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 2.83.

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. CK Hutchison Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.17.

CK Hutchison Holdings Days Inventory Historical Data

The historical data trend for CK Hutchison Holdings'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.

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CK Hutchison Holdings Days Inventory Chart

CK Hutchison Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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60.01

73.60

67.65

65.09

64.57

CK Hutchison Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															64.34	67.98	62.48	66.88	64.56

Competitive Comparison of CK Hutchison Holdings's Days Inventory

For the Conglomerates subindustry, CK Hutchison Holdings'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.

CK Hutchison Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where CK Hutchison Holdings's Days Inventory falls into.

CK Hutchison Holdings Days Inventory Calculation

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

CK Hutchison Holdings'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
=	( (2990.598	+	3133.627)	/	2 )	/	17308.254	*	365
=	3062.1125					/	17308.254	*	365
=	64.57

CK Hutchison Holdings'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
=	( (3158.688	+	3133.627)	/	2 )	/	8893.442	*	365 / 2
=	3146.1575					/	8893.442	*	365 / 2
=	64.56

CK Hutchison Holdings (OTCPK:CKHUF) 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.

CK Hutchison Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8893.442	/	3146.1575
	=	2.83

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.

CK Hutchison Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3146.1575	/	18207.637
	=	0.17

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.

CK Hutchison Holdings Days Inventory Related Terms

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

CK Hutchison Holdings (CK Hutchison Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CK Hutchison Holdings Ltd (OTCPK:CKHUF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CKHUY:USA 00001:Hong Kong 2CK:Germany

Address

2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckh.com.hk

CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.