COSCO SHIPPING Ports (COSCO SHIPPING Ports) Days Inventory

: 6.64 (As of Dec. 2023)

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

Days Inventory is also known as Days Sales of Inventory (DSI). COSCO SHIPPING Ports's Average Total Inventories for the three months ended in Dec. 2023 was $20.4 Mil. COSCO SHIPPING Ports's Cost of Goods Sold for the three months ended in Dec. 2023 was $280.3 Mil. Hence, COSCO SHIPPING Ports's Days Inventory for the three months ended in Dec. 2023 was 6.64.

The historical rank and industry rank for COSCO SHIPPING Ports's Days Inventory or its related term are showing as below:

CSPKF' s Days Inventory Range Over the Past 10 Years
Min: 6.34 Med: 8.07 Max: 19.9
Current: 13.8

During the past 13 years, COSCO SHIPPING Ports's highest Days Inventory was 19.90. The lowest was 6.34. And the median was 8.07.

CSPKF's Days Inventory is ranked worse than
55.94% of 783 companies
in the Transportation industry
Industry Median: 11.57 vs CSPKF: 13.80

COSCO SHIPPING Ports's Days Inventory declined from Sep. 2022 (7.41) to Dec. 2023 (6.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. COSCO SHIPPING Ports's Inventory Turnover for the three months ended in Dec. 2023 was 13.74.

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. COSCO SHIPPING Ports's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.

COSCO SHIPPING Ports Days Inventory Historical Data

The historical data trend for COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

6.33

6.46

7.23

7.12

6.92

COSCO SHIPPING Ports Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Inventory																7.41	6.86	-	7.48	6.64

Competitive Comparison

For the Marine Shipping subindustry, COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Days Inventory Distribution

For the Transportation industry and Industrials sector, COSCO SHIPPING Ports's Days Inventory distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Ports's Days Inventory falls into.

COSCO SHIPPING Ports Days Inventory Calculation

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

COSCO SHIPPING Ports'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
=	( (19.354	+	19.817)	/	2 )	/	1033.491	*	365
=	19.5855					/	1033.491	*	365
=	6.92

COSCO SHIPPING Ports'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
=	( (20.986	+	19.817)	/	2 )	/	280.325	*	365 / 4
=	20.4015					/	280.325	*	365 / 4
=	6.64

COSCO SHIPPING Ports (OTCPK:CSPKF) 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.

COSCO SHIPPING Ports's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	280.325	/	20.4015
	=	13.74

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.

COSCO SHIPPING Ports's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.4015	/	406.578
	=	0.05

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.

COSCO SHIPPING Ports Days Inventory Related Terms

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

COSCO SHIPPING Ports (COSCO SHIPPING Ports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Ports Ltd (OTCPK:CSPKF) » Definitions » Days Inventory

Traded in Other Exchanges

01199:Hong Kong CTH:Germany

Address

183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG

Website

https://ports.coscoshipping.com

COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.