What is Galaxy Entertainment Group Days Inventory?
Days Inventory is also known as Days Sales of Inventory (DSI). Galaxy Entertainment Group's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$220 Mil. Galaxy Entertainment Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$7,843 Mil.
Hence, Galaxy Entertainment Group's Days Inventory for the
six
months ended in Dec. 2023 was 5.11.
The historical rank and industry rank for Galaxy Entertainment Group's Days Inventory or its related term are showing as below:
HKSE:00027'
s Days Inventory Range Over the Past 10 Years
Min: 1.02 Med: 2.72 Max: 16.99
Current: 5.62
During the past 13 years, Galaxy Entertainment Group's highest Days Inventory was 16.99. The lowest was 1.02. And the median was 2.72.
HKSE:00027's Days Inventory is ranked better than 78.86% of 667
companies
in the Travel & Leisure industry
Industry Median: 36.02
vs HKSE:00027: 5.62
Galaxy Entertainment Group's Days Inventory
declined
from Dec. 2022 (21.59) to Dec. 2023 (5.11).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Galaxy Entertainment Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 35.70.
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.
Galaxy Entertainment Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.01.
Galaxy Entertainment Group Days Inventory Historical Data
The historical data trend for Galaxy Entertainment 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.
Competitive Comparison of Galaxy Entertainment Group's Days Inventory
For the Resorts & Casinos subindustry, Galaxy Entertainment 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.
Galaxy Entertainment Group's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Galaxy Entertainment Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Galaxy Entertainment Group's Days Inventory falls into.
Galaxy Entertainment Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Galaxy Entertainment Group'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.
Galaxy Entertainment Group (HKSE:00027) 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.
Galaxy Entertainment Group'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.
Galaxy Entertainment Group'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.
Galaxy Entertainment Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Galaxy Entertainment Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Galaxy Entertainment Group (HKSE:00027) Business Description
Galaxy Entertainment is one of six casino licenseholders in Macao. Its major properties include Starworld casino in the Macao Peninsula, and Galaxy Macau phases 1, 2 and 3 in Cotai, with a hotel capacity of approximately 5,564 rooms.
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