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Homeinns Hotel Group (Homeinns Hotel Group) Days Inventory

: 2.23 (As of Sep. 2015)
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Days Inventory is also known as Days Sales of Inventory (DSI). Homeinns Hotel Group's Average Total Inventories for the three months ended in Sep. 2015 was $5.5 Mil. Homeinns Hotel Group's Cost of Goods Sold for the three months ended in Sep. 2015 was $223.1 Mil. Hence, Homeinns Hotel Group's Days Inventory for the three months ended in Sep. 2015 was 2.23.

The historical rank and industry rank for Homeinns Hotel Group's Days Inventory or its related term are showing as below:

HMIN's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 36.02
* Ranked among companies with meaningful Days Inventory only.

Homeinns Hotel Group's Days Inventory declined from Sep. 2014 (2.37) to Sep. 2015 (2.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Homeinns Hotel Group's Inventory Turnover for the three months ended in Sep. 2015 was 40.86.

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. Homeinns Hotel Group's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.02.


Homeinns Hotel Group Days Inventory Historical Data

The historical data trend for Homeinns Hotel Group'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.

Homeinns Hotel Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.15 3.21 2.97 3.02 3.27

Homeinns Hotel Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 2.73 2.38 2.23 2.77

Competitive Comparison

For the Lodging subindustry, Homeinns Hotel Group'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.


Homeinns Hotel Group Days Inventory Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Homeinns Hotel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Homeinns Hotel Group's Days Inventory falls into.



Homeinns Hotel Group Days Inventory Calculation

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

Homeinns Hotel Group's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (6.788 + 7.182) / 2 ) / 844.191*365
=6.985 / 844.191*365
=3.02

Homeinns Hotel Group's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (5.76 + 5.162) / 2 ) / 223.119*365 / 4
=5.461 / 223.119*365 / 4
=2.23

* 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.


Homeinns Hotel Group  (NAS:HMIN) 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.

Homeinns Hotel Group's Inventory Turnover for the three months ended in Sep. 2015 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.

Homeinns Hotel Group's Inventory to Revenue for the three months ended in Sep. 2015 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.


Homeinns Hotel Group Days Inventory Related Terms

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


Homeinns Hotel Group (Homeinns Hotel Group) Business Description

Traded in Other Exchanges
N/A
Address
Homeinns Hotel Group was incorporated in the Cayman Islands on May 2006. The Company develops and operates economy hotels across China under its "Home Inn", "Yitel" and its recently acquired "Motel 168" brands. As of December 31, 2013, the Company had 2,180 hotels in operation, including 872 leased-and-operated hotels and 1,308 franchised-and-managed hotels, with approximately 256,555 rooms located in 287 cities across China, and an additional 161 hotels under development. It competes with other economy hotel chains, such as Jinjiang Star, 7 Days Inn, Han Ting, Green Tree Inn and Super 8, as well as various regional and local economy hotel chains.

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