QKL Stores (QKL Stores) Days Inventory

: 90.29 (As of Dec. 2015)

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Days Inventory is also known as Days Sales of Inventory (DSI). QKL Stores's Average Total Inventories for the three months ended in Dec. 2015 was $50.4 Mil. QKL Stores's Cost of Goods Sold for the three months ended in Dec. 2015 was $50.9 Mil. Hence, QKL Stores's Days Inventory for the three months ended in Dec. 2015 was 90.29.

The historical rank and industry rank for QKL Stores's Days Inventory or its related term are showing as below:

QKLS's Days Inventory is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 36
* Ranked among companies with meaningful Days Inventory only.

QKL Stores's Days Inventory increased from Dec. 2014 (79.59) to Dec. 2015 (90.29). It might indicate that QKL Stores's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. QKL Stores's Inventory Turnover for the three months ended in Dec. 2015 was 1.01.

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. QKL Stores's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.81.

QKL Stores Days Inventory Historical Data

The historical data trend for QKL Stores'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.

QKL Stores Annual Data

Trend

Apr06

Apr07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

58.78

68.71

96.95

101.82

98.01

QKL Stores Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Inventory																79.59	58.24	74.37	78.50	90.29

Competitive Comparison

For the Grocery Stores subindustry, QKL Stores'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.

QKL Stores Days Inventory Distribution

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Days Inventory distribution charts can be found below:

* The bar in red indicates where QKL Stores's Days Inventory falls into.

QKL Stores Days Inventory Calculation

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

QKL Stores's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (62.606	+	57.911)	/	2 )	/	224.41	*	365
=	60.2585					/	224.41	*	365
=	98.01

QKL Stores's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

	Days Inventory (Q: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2015 )	+	Total Inventories (Q: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
=	( (42.852	+	57.911)	/	2 )	/	50.917	*	365 / 4
=	50.3815					/	50.917	*	365 / 4
=	90.29

QKL Stores (OTCPK:QKLS) 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.

QKL Stores's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.917	/	50.3815
	=	1.01

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.

QKL Stores's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.3815	/	62.449
	=	0.81

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.

QKL Stores Days Inventory Related Terms

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

QKL Stores (QKL Stores) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » QKL Stores Inc (OTCPK:QKLS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300

Website

http://www.qklstoresinc.com

QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.

Executives

Glenn Little	10 percent owner	211 WEST WALL ST, MIDLAND TX 70701
Phil Frohlich	10 percent owner	1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c.	10 percent owner	1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Tsz-kit Chan	officer: Chief Financial Officer	C/O QKL STORES INC., 1 NANREYUAN STREET DONGFENG ROAD, SARTU DISTRICT DAQING F4 163311
Bartly J Loethen	director, 10 percent owner, officer: Former Office and Director, other: Former 10% Owner	730 W RANDOLPH, 6TH FLOOR, CHICAGO IL 60661
Synergy Business Consulting, Llc	10 percent owner, other: Former 10% Owner	730 W. RANDOLPH, 6TH FLOOR, CHICAGO IL 60661

QKL Stores (QKL Stores) Headlines

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