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Belle International Holdings (Belle International Holdings) Days Inventory : 143.96 (As of Feb. 2017)


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What is Belle International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Belle International Holdings's Average Total Inventories for the six months ended in Feb. 2017 was $1,154 Mil. Belle International Holdings's Cost of Goods Sold for the six months ended in Feb. 2017 was $1,463 Mil. Hence, Belle International Holdings's Days Inventory for the six months ended in Feb. 2017 was 143.96.

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

BELLF's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.36
* Ranked among companies with meaningful Days Inventory only.

Belle International Holdings's Days Inventory increased from Feb. 2016 (136.44) to Feb. 2017 (143.96). It might indicate that Belle International Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Belle International Holdings's Inventory Turnover for the six months ended in Feb. 2017 was 1.27.

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. Belle International Holdings's Inventory-to-Revenue for the six months ended in Feb. 2017 was 0.36.


Belle International Holdings Days Inventory Historical Data

The historical data trend for Belle International 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.

Belle International Holdings Days Inventory Chart

Belle International Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Feb14 Feb15 Feb16 Feb17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.36 168.92 140.69 138.47 144.55

Belle International Holdings Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
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 137.67 146.44 136.44 149.03 143.96

Competitive Comparison of Belle International Holdings's Days Inventory

For the Footwear & Accessories subindustry, Belle International 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.


Belle International Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belle International Holdings's Days Inventory distribution charts can be found below:

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



Belle International Holdings Days Inventory Calculation

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

Belle International Holdings's Days Inventory for the fiscal year that ended in Feb. 2017 is calculated as

Days Inventory (A: Feb. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2016 ) + Total Inventories (A: Feb. 2017 )) / count ) / Cost of Goods Sold (A: Feb. 2017 )*Days in Period
=( (1049.969 + 1146.665) / 2 ) / 2773.299*365
=1098.317 / 2773.299*365
=144.55

Belle International Holdings's Days Inventory for the quarter that ended in Feb. 2017 is calculated as:

Days Inventory (Q: Feb. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2016 ) + Total Inventories (Q: Feb. 2017 )) / count ) / Cost of Goods Sold (Q: Feb. 2017 )*Days in Period
=( (1161.586 + 1146.665) / 2 ) / 1463.127*365 / 2
=1154.1255 / 1463.127*365 / 2
=143.96

* 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.


Belle International Holdings  (OTCPK:BELLF) 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.

Belle International Holdings's Inventory Turnover for the six months ended in Feb. 2017 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.

Belle International Holdings's Inventory to Revenue for the six months ended in Feb. 2017 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.


Belle International Holdings Days Inventory Related Terms

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


Belle International Holdings (Belle International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Belle International is China's largest women's footwear retailer. Founded in 1992, and headquartered in Hong Kong, Belle owns six of China's top 10 women's footwear brands, commanding as much as 25% market share in fiscal 2013. In addition to the manufacturing and distribution of female footwear, Belle also distributes major sportswear products, including Nike and Adidas.

Belle International Holdings (Belle International Holdings) Headlines

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