China Infrastructure & Logistics Group (HKSE:01719) Days Inventory : 24.58 (As of Dec. 2023)

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What is China Infrastructure & Logistics Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Infrastructure & Logistics Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$18.9 Mil. China Infrastructure & Logistics Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$140.6 Mil. Hence, China Infrastructure & Logistics Group's Days Inventory for the six months ended in Dec. 2023 was 24.58.

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

HKSE:01719' s Days Inventory Range Over the Past 10 Years
Min: 6.67 Med: 13.66 Max: 19.34
Current: 19.34

During the past 13 years, China Infrastructure & Logistics Group's highest Days Inventory was 19.34. The lowest was 6.67. And the median was 13.66.

HKSE:01719's Days Inventory is ranked worse than
65.98% of 782 companies
in the Transportation industry
Industry Median: 11.49 vs HKSE:01719: 19.34

China Infrastructure & Logistics Group's Days Inventory increased from Dec. 2022 (8.42) to Dec. 2023 (24.58). It might indicate that China Infrastructure & Logistics Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Infrastructure & Logistics Group's Inventory Turnover for the six months ended in Dec. 2023 was 7.42.

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 Infrastructure & Logistics Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

China Infrastructure & Logistics Group Days Inventory Historical Data

The historical data trend for China Infrastructure & Logistics Group'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 Infrastructure & Logistics Group Days Inventory Chart

China Infrastructure & Logistics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.02

6.67

12.60

11.17

9.91

China Infrastructure & Logistics Group 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															12.19	15.52	8.42	23.55	24.58

Competitive Comparison of China Infrastructure & Logistics Group's Days Inventory

For the Marine Shipping subindustry, China Infrastructure & Logistics Group'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 Infrastructure & Logistics Group's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Infrastructure & Logistics Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Infrastructure & Logistics Group's Days Inventory falls into.

China Infrastructure & Logistics Group Days Inventory Calculation

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

China Infrastructure & Logistics Group'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
=	( (7.237	+	8.167)	/	2 )	/	283.648	*	365
=	7.702					/	283.648	*	365
=	9.91

China Infrastructure & Logistics Group'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
=	( (29.693	+	8.167)	/	2 )	/	140.553	*	365 / 2
=	18.93					/	140.553	*	365 / 2
=	24.58

China Infrastructure & Logistics Group (HKSE:01719) 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 Infrastructure & Logistics Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140.553	/	18.93
	=	7.42

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 Infrastructure & Logistics Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.93	/	174.488
	=	0.11

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 Infrastructure & Logistics Group Days Inventory Related Terms

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

China Infrastructure & Logistics Group (HKSE:01719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Infrastructure & Logistics Group Ltd (HKSE:01719) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 1 On Hing Terrace, On Hing Building, Unit A, 7th Floor, Central, Hong Kong, HKG

Website

http://www.cilgl.com

China Infrastructure & Logistics Group Ltd is an investment holding company. It operates in the segments of Property business that offers port and warehouse leasing; Terminal and related business which provides terminal service, Container handling, storage, and other services, general and bulk cargoes handling service; Integrated logistics business renders agency and logistics services, including the provision of freight forwarding, customs clearance, transportation of containers and logistics management; Supply chain management and trading business offer sourcing, procurement and trading of commodities. The company generates the majority of its revenue from the Terminal service segment. It derives revenue from customers located in the PRC.

China Infrastructure & Logistics Group (HKSE:01719) Headlines

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