China Unicom (Hong Kong) (China Unicom (Hong Kong)) Days Inventory : 7.61 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is China Unicom (Hong Kong) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Unicom (Hong Kong)'s Average Total Inventories for the three months ended in Dec. 2023 was $310 Mil. China Unicom (Hong Kong)'s Cost of Goods Sold for the three months ended in Dec. 2023 was $3,725 Mil. Hence, China Unicom (Hong Kong)'s Days Inventory for the three months ended in Dec. 2023 was 7.61.

The historical rank and industry rank for China Unicom (Hong Kong)'s Days Inventory or its related term are showing as below:

CHU' s Days Inventory Range Over the Past 10 Years
Min: 6.83 Med: 8.77 Max: 17.62
Current: 12.25

During the past 13 years, China Unicom (Hong Kong)'s highest Days Inventory was 17.62. The lowest was 6.83. And the median was 8.77.

CHU's Days Inventory is ranked better than
66.44% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs CHU: 12.25

China Unicom (Hong Kong)'s Days Inventory declined from Sep. 2022 (12.32) to Dec. 2023 (7.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Unicom (Hong Kong)'s Inventory Turnover for the three months ended in Dec. 2023 was 12.00.

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 Unicom (Hong Kong)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

China Unicom (Hong Kong) Days Inventory Historical Data

The historical data trend for China Unicom (Hong Kong)'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.

China Unicom (Hong Kong) Days Inventory Chart

China Unicom (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

10.40

8.76

7.02

6.82

7.02

China Unicom (Hong Kong) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															5.41	-	14.38	7.61	7.16

Competitive Comparison of China Unicom (Hong Kong)'s Days Inventory

For the Telecom Services subindustry, China Unicom (Hong Kong)'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.

China Unicom (Hong Kong)'s Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Days Inventory falls into.

China Unicom (Hong Kong) Days Inventory Calculation

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

China Unicom (Hong Kong)'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
=	( (269.949	+	310.496)	/	2 )	/	15086.832	*	365
=	290.2225					/	15086.832	*	365
=	7.02

China Unicom (Hong Kong)'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	310.496)	/	1 )	/	3724.826	*	365 / 4
=	310.496					/	3724.826	*	365 / 4
=	7.61

China Unicom (Hong Kong) (NYSE:CHU) 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.

China Unicom (Hong Kong)'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3724.826	/	310.496
	=	12.00

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.

China Unicom (Hong Kong)'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	310.496	/	12731.296
	=	0.02

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.

China Unicom (Hong Kong) Days Inventory Related Terms

Thank you for viewing the detailed overview of China Unicom (Hong Kong)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (NYSE:CHU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

00762:Hong Kong XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.