GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) » Definitions » Days Inventory

Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Days Inventory : 78.15 (As of Jun. 2016)


View and export this data going back to 1982. Start your Free Trial

What is Starwood Hotels & Resorts Worldwide Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Starwood Hotels & Resorts Worldwide's Average Total Inventories for the three months ended in Jun. 2016 was $185 Mil. Starwood Hotels & Resorts Worldwide's Cost of Goods Sold for the three months ended in Jun. 2016 was $216 Mil. Hence, Starwood Hotels & Resorts Worldwide's Days Inventory for the three months ended in Jun. 2016 was 78.15.

The historical rank and industry rank for Starwood Hotels & Resorts Worldwide's Days Inventory or its related term are showing as below:

HOT's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 34.93
* Ranked among companies with meaningful Days Inventory only.

Starwood Hotels & Resorts Worldwide's Days Inventory declined from Jun. 2015 (89.42) to Jun. 2016 (78.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Starwood Hotels & Resorts Worldwide's Inventory Turnover for the three months ended in Jun. 2016 was 1.17.

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. Starwood Hotels & Resorts Worldwide's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.15.


Starwood Hotels & Resorts Worldwide Days Inventory Historical Data

The historical data trend for Starwood Hotels & Resorts Worldwide'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.

Starwood Hotels & Resorts Worldwide Days Inventory Chart

Starwood Hotels & Resorts Worldwide Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.36 44.60 23.24 18.71 23.80

Starwood Hotels & Resorts Worldwide Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Days Inventory Get a 7-Day Free Trial 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 89.42 21.73 25.23 29.09 78.15

Competitive Comparison of Starwood Hotels & Resorts Worldwide's Days Inventory

For the Lodging subindustry, Starwood Hotels & Resorts Worldwide'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.


Starwood Hotels & Resorts Worldwide's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Starwood Hotels & Resorts Worldwide's Days Inventory distribution charts can be found below:

* The bar in red indicates where Starwood Hotels & Resorts Worldwide's Days Inventory falls into.



Starwood Hotels & Resorts Worldwide Days Inventory Calculation

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

Starwood Hotels & Resorts Worldwide'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
=( (236 + 319) / 2 ) / 4255*365
=277.5 / 4255*365
=23.80

Starwood Hotels & Resorts Worldwide's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (355 + 15) / 2 ) / 216*365 / 4
=185 / 216*365 / 4
=78.15

* 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.


Starwood Hotels & Resorts Worldwide  (NYSE:HOT) 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.

Starwood Hotels & Resorts Worldwide's Inventory Turnover for the three months ended in Jun. 2016 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.

Starwood Hotels & Resorts Worldwide's Inventory to Revenue for the three months ended in Jun. 2016 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.


Starwood Hotels & Resorts Worldwide Days Inventory Related Terms

Thank you for viewing the detailed overview of Starwood Hotels & Resorts Worldwide's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
Starwood Hotels & Resorts Worldwide Inc was incorporated in 1980 under the laws of Maryland. It operates as a hotel and leisure company. The Company conducts its hotel and leisure business both directly and through its subsidiaries. It has 1,222 properties providing approximately 354,200 rooms in approximately 100 countries and 180,400 employees under its management at its owned and managed properties, vacation ownership resorts and corporate offices. The Company manage and operate its hotel business in three separate hotel segments: the Americas, Europe, Africa and the Middle East ("EAME"), and Asia Pacific. Its vacation ownership and residential business is a separate segment. It franchises its Luxury Collection, Westin, Le Méridien, Sheraton, Four Points by Sheraton, Aloft and Element brands and generally derive licensing and other fees from franchisees based on a fixed percentage of the franchised hotel's room revenue, as well as fees for other services, including centralized reservations, loyalty program, national and international advertising and sales and marketing. The Company's brands name includes St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element. Some of its competitors are private management firms, several are national and international chains that own and operate their own hotels, as well as manage hotels for third-party owners and sell VOIs, under a variety of brands that compete directly with its brands. It is subject to taxation at the federal, state or provincial and local levels in the U.S. and various other countries and jurisdictions.
Executives
Charlene Barshefsky director
Lizanne Galbreath director LASALLE PARTNERS INC, 200 RANDOLPH DR, CHICAGO IL 60601
Kenneth S Siegel officer: CAO & General Counsel 40 STARWOOD HOTELS & RESORTS, 111 WESTCHESTER AVE, WHITE PLAINS NY 10604
Thomas B Mangas director, officer: Chief Executive Officer C/O ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Sergio Rivera officer: President, The Americas C/O STARWOOD HOTELS & RESORTS WORLDWIDE,, ONE STARPOINT, STAMFORD CT 06902
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Daley Clayton C Jr director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Thomas E Clarke director C/O NEWELL RUBBERMAID INC, THREE GLENLAKE PKWY., ATLANTA 2Q 30328
Thomas O Ryder director C/O READERS DIGEST ASSOCITATION INC, READERS DIGEST RD., PLEASANTVILLE NY 10570
Aylwin B Lewis director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Eric Hippeau director STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Bruce W Duncan director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Adam M Aron director, officer: CEO on an interim basis AMC ENTERTAINMENT HOLDINGS, INC, 11500 ASH STREET, LEAWOOD KS 66211
Van Paasschen Frits D director, officer: President and CEO C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Vasant M Prabhu officer: Vice Chairman & CFO C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588