CLP Holdings (STU:CLP) Days Inventory : 38.16 (As of Dec. 2023)

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What is CLP Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CLP Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €670 Mil. CLP Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,204 Mil. Hence, CLP Holdings's Days Inventory for the six months ended in Dec. 2023 was 38.16.

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

STU:CLP' s Days Inventory Range Over the Past 10 Years
Min: 14.32 Med: 31.22 Max: 40.11
Current: 36.92

During the past 13 years, CLP Holdings's highest Days Inventory was 40.11. The lowest was 14.32. And the median was 31.22.

STU:CLP's Days Inventory is ranked worse than
68.03% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs STU:CLP: 36.92

CLP Holdings's Days Inventory increased from Dec. 2022 (33.93) to Dec. 2023 (38.16). It might indicate that CLP Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CLP Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 4.78.

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. CLP Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.

CLP Holdings Days Inventory Historical Data

The historical data trend for CLP Holdings'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.

CLP Holdings Days Inventory Chart

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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34.48

41.81

36.24

26.66

37.77

CLP Holdings 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															33.29	23.75	33.93	36.27	38.16

Competitive Comparison of CLP Holdings's Days Inventory

For the Utilities - Regulated Electric subindustry, CLP Holdings'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.

CLP Holdings's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CLP Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where CLP Holdings's Days Inventory falls into.

CLP Holdings Days Inventory Calculation

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

CLP Holdings'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
=	( (776.865	+	648.14)	/	2 )	/	6885.543	*	365
=	712.5025					/	6885.543	*	365
=	37.77

CLP Holdings'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
=	( (691.69	+	648.14)	/	2 )	/	3203.711	*	365 / 2
=	669.915					/	3203.711	*	365 / 2
=	38.16

CLP Holdings (STU:CLP) 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.

CLP Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3203.711	/	669.915
	=	4.78

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.

CLP Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	669.915	/	5150.713
	=	0.13

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.

CLP Holdings Days Inventory Related Terms

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

CLP Holdings (STU:CLP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (STU:CLP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CLPHY:USA CLPHF:USA 00002:Hong Kong

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

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