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Sands China (Sands China) Days Inventory : 2.89 (As of Dec. 2023)


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What is Sands China Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sands China's Average Total Inventories for the six months ended in Dec. 2023 was $24 Mil. Sands China's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,486 Mil. Hence, Sands China's Days Inventory for the six months ended in Dec. 2023 was 2.89.

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

SCHYY' s Days Inventory Range Over the Past 10 Years
Min: 1.13   Med: 1.69   Max: 11.01
Current: 3.09

During the past 13 years, Sands China's highest Days Inventory was 11.01. The lowest was 1.13. And the median was 1.69.

SCHYY's Days Inventory is ranked better than
87.56% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SCHYY: 3.09

Sands China's Days Inventory declined from Dec. 2022 (12.88) to Dec. 2023 (2.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sands China's Inventory Turnover for the six months ended in Dec. 2023 was 63.23.

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. Sands China's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Sands China Days Inventory Historical Data

The historical data trend for Sands China'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.

Sands China Days Inventory Chart

Sands China 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 1.51 8.44 5.00 11.00 3.17

Sands China 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 5.74 8.95 12.88 3.29 2.89

Competitive Comparison of Sands China's Days Inventory

For the Resorts & Casinos subindustry, Sands China'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.


Sands China's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sands China's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sands China's Days Inventory falls into.



Sands China Days Inventory Calculation

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

Sands China'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 + 26) / 2 ) / 2594*365
=22.5 / 2594*365
=3.17

Sands China'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
=( (21 + 26) / 2 ) / 1486*365 / 2
=23.5 / 1486*365 / 2
=2.89

* 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.


Sands China  (OTCPK:SCHYY) 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.

Sands China'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.

Sands China'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.


Sands China Days Inventory Related Terms

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


Sands China (Sands China) Business Description

Traded in Other Exchanges
Address
Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices, L2, Taipa, MAC
Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 24% market share in the Macao gaming sector in terms of gross gaming revenue as of the prepandemic 2019 levels. Las Vegas Sands has a 70% stake in Sands China.