GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (OTCPK:SHALY) » Definitions » Days Inventory

Shangri-La Asia (Shangri-La Asia) Days Inventory : 27.92 (As of Dec. 2023)


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

What is Shangri-La Asia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shangri-La Asia's Average Total Inventories for the six months ended in Dec. 2023 was $82 Mil. Shangri-La Asia's Cost of Goods Sold for the six months ended in Dec. 2023 was $535 Mil. Hence, Shangri-La Asia's Days Inventory for the six months ended in Dec. 2023 was 27.92.

The historical rank and industry rank for Shangri-La Asia's Days Inventory or its related term are showing as below:

SHALY' s Days Inventory Range Over the Past 10 Years
Min: 25.82   Med: 37.36   Max: 65.93
Current: 30.7

During the past 13 years, Shangri-La Asia's highest Days Inventory was 65.93. The lowest was 25.82. And the median was 37.36.

SHALY's Days Inventory is ranked better than
51.87% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SHALY: 30.70

Shangri-La Asia's Days Inventory declined from Dec. 2022 (33.02) to Dec. 2023 (27.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shangri-La Asia's Inventory Turnover for the six months ended in Dec. 2023 was 6.54.

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. Shangri-La Asia's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.


Shangri-La Asia Days Inventory Historical Data

The historical data trend for Shangri-La Asia'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.

Shangri-La Asia Days Inventory Chart

Shangri-La Asia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.71 65.70 57.92 43.88 30.83

Shangri-La Asia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 51.13 52.13 33.02 34.08 27.92

Competitive Comparison of Shangri-La Asia's Days Inventory

For the Lodging subindustry, Shangri-La Asia'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.


Shangri-La Asia's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shangri-La Asia's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shangri-La Asia's Days Inventory falls into.



Shangri-La Asia Days Inventory Calculation

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

Shangri-La Asia'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
=( (82.555 + 82.179) / 2 ) / 975.048*365
=82.367 / 975.048*365
=30.83

Shangri-La Asia'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (81.649 + 82.179) / 2 ) / 535.352*365 / 2
=81.914 / 535.352*365 / 2
=27.92

* 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.


Shangri-La Asia  (OTCPK:SHALY) 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.

Shangri-La Asia's Inventory Turnover for the six months ended in Dec. 2023 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.

Shangri-La Asia's Inventory to Revenue for the six months ended in Dec. 2023 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.


Shangri-La Asia Days Inventory Related Terms

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


Shangri-La Asia (Shangri-La Asia) Business Description

Address
683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG
Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

Shangri-La Asia (Shangri-La Asia) Headlines

From GuruFocus

Matthews China Fund Comments on Shangri-La Asia

By Holly LaFon Holly LaFon 04-23-2019

Matthews China Fund Comments on Shangri-La Asia

By Holly LaFon Holly LaFon 05-01-2019