Days Inventory is also known as Days Sales of Inventory (DSI). Cathay Pacific Airways's Average Total Inventories for the
six
months ended in Dec. 2023 was $122 Mil. Cathay Pacific Airways's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $5,202 Mil.
Hence, Cathay Pacific Airways's Days Inventory for the
six
months ended in Dec. 2023 was 4.28.
The historical rank and industry rank for Cathay Pacific Airways's Days Inventory or its related term are showing as below:
CPCAF'
s Days Inventory Range Over the Past 10 Years
Min: 5.02 Med: 5.94 Max: 12.86
Current: 5.02
During the past 13 years, Cathay Pacific Airways's highest Days Inventory was 12.86. The lowest was 5.02. And the median was 5.94.
CPCAF's Days Inventory is ranked better than 69.9% of 784
companies
in the Transportation industry
Industry Median: 11.58
vs CPCAF: 5.02
Cathay Pacific Airways's Days Inventory
declined
from Dec. 2022 (9.02) to Dec. 2023 (4.28).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cathay Pacific Airways's Inventory Turnover for the
six
months ended in Dec. 2023 was 42.65.
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.
Cathay Pacific Airways's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
Cathay Pacific Airways Days Inventory Historical Data
The historical data trend for Cathay Pacific Airways'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.
Cathay Pacific Airways Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
6.78
11.57
12.90
10.19
5.21
Cathay Pacific Airways 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
11.06
13.62
9.02
5.74
4.28
Competitive Comparison
For the Airlines subindustry, Cathay Pacific Airways'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.
Cathay Pacific Airways Days Inventory Distribution
For the Transportation industry and Industrials sector, Cathay Pacific Airways's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cathay Pacific Airways's Days Inventory falls into.
Cathay Pacific Airways Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cathay Pacific Airways's Days Inventory for the fiscal year that 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.
Cathay Pacific Airways (OTCPK:CPCAF) 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.
Cathay Pacific Airways'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.
Cathay Pacific Airways'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.
Cathay Pacific Airways Days Inventory Related Terms
Thank you for viewing the detailed overview of Cathay Pacific Airways's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cathay Pacific Airways (Cathay Pacific Airways) Business Description
Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.
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