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Champion Alliance International Holdings (HKSE:01629) Days Inventory : 71.24 (As of Jun. 2023)


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What is Champion Alliance International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Champion Alliance International Holdings's Average Total Inventories for the six months ended in Jun. 2023 was HK$61.3 Mil. Champion Alliance International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$157.0 Mil. Hence, Champion Alliance International Holdings's Days Inventory for the six months ended in Jun. 2023 was 71.24.

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

HKSE:01629' s Days Inventory Range Over the Past 10 Years
Min: 67.88   Med: 97.02   Max: 211.53
Current: 211.53

During the past 11 years, Champion Alliance International Holdings's highest Days Inventory was 211.53. The lowest was 67.88. And the median was 97.02.

HKSE:01629's Days Inventory is ranked worse than
93.42% of 365 companies
in the Packaging & Containers industry
Industry Median: 78.08 vs HKSE:01629: 211.53

Champion Alliance International Holdings's Days Inventory declined from Jun. 2022 (171.67) to Jun. 2023 (71.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Champion Alliance International Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 2.56.

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. Champion Alliance International Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.32.


Champion Alliance International Holdings Days Inventory Historical Data

The historical data trend for Champion Alliance 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.

Champion Alliance International Holdings Days Inventory Chart

Champion Alliance International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.64 67.88 104.61 118.39 197.91

Champion Alliance International Holdings Semi-Annual Data
Dec13 Dec14 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 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 251.19 171.67 169.68 71.24 -

Competitive Comparison of Champion Alliance International Holdings's Days Inventory

For the Packaging & Containers subindustry, Champion Alliance 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.


Champion Alliance International Holdings's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Champion Alliance International Holdings's Days Inventory distribution charts can be found below:

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



Champion Alliance International Holdings Days Inventory Calculation

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

Champion Alliance International Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (78.428 + 53.204) / 2 ) / 202.913*365
=65.816 / 202.913*365
=118.39

Champion Alliance International Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (53.204 + 69.382) / 2 ) / 157.017*365 / 2
=61.293 / 157.017*365 / 2
=71.24

* 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.


Champion Alliance International Holdings  (HKSE:01629) 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.

Champion Alliance International Holdings's Inventory Turnover for the six months ended in Jun. 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.

Champion Alliance International Holdings's Inventory to Revenue for the six months ended in Jun. 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.


Champion Alliance International Holdings Days Inventory Related Terms

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


Champion Alliance International Holdings (HKSE:01629) Business Description

Traded in Other Exchanges
N/A
Address
Dongping Economic Development Zone, Shandong Province, Tai'an, CHN
Champion Alliance International Holdings Ltd is engaged in two segments namely, the new energy operation segment engages in the production and sale of steam for industrial use, heating and electricity in Mainland China; and the household paper products segment that trades household paper products. The company operates in Mainland China.

Champion Alliance International Holdings (HKSE:01629) Headlines

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