Fosun Tourism Group (HKSE:01992) Days Inventory

: 73.91 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Fosun Tourism Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$2,540 Mil. Fosun Tourism Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$6,272 Mil. Hence, Fosun Tourism Group's Days Inventory for the six months ended in Dec. 2023 was 73.91.

The historical rank and industry rank for Fosun Tourism Group's Days Inventory or its related term are showing as below:

HKSE:01992' s Days Inventory Range Over the Past 10 Years
Min: 61.24 Med: 86.23 Max: 108.03
Current: 78.65

During the past 9 years, Fosun Tourism Group's highest Days Inventory was 108.03. The lowest was 61.24. And the median was 86.23.

HKSE:01992's Days Inventory is ranked worse than
64.62% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs HKSE:01992: 78.65

Fosun Tourism Group's Days Inventory declined from Dec. 2022 (97.15) to Dec. 2023 (73.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fosun Tourism Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.47.

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. Fosun Tourism Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.

Fosun Tourism Group Days Inventory Historical Data

The historical data trend for Fosun Tourism 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.

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Fosun Tourism Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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61.24

108.03

95.33

92.49

76.67

Fosun Tourism Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											82.85	96.62	97.15	85.30	73.91

Competitive Comparison

For the Resorts & Casinos subindustry, Fosun Tourism 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.

Fosun Tourism Group Days Inventory Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Fosun Tourism Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fosun Tourism Group's Days Inventory falls into.

Fosun Tourism Group Days Inventory Calculation

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

Fosun Tourism Group'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
=	( (3091.462	+	2218.596)	/	2 )	/	12640.417	*	365
=	2655.029					/	12640.417	*	365
=	76.67

Fosun Tourism Group'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
=	( (2861.503	+	2218.596)	/	2 )	/	6272.222	*	365 / 2
=	2540.0495					/	6272.222	*	365 / 2
=	73.91

Fosun Tourism Group (HKSE:01992) 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.

Fosun Tourism Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6272.222	/	2540.0495
	=	2.47

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.

Fosun Tourism Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2540.0495	/	9026.983
	=	0.28

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.

Fosun Tourism Group Days Inventory Related Terms

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Fosun Tourism Group (HKSE:01992) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fosun Tourism Group (HKSE:01992) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6T8:Germany

Address

3 Garden Road, Room 808 & 2101-06, ICBC Tower, Central, Hong Kong, HKG, 210010

Website

http://www.fosunholiday.com

Fosun Tourism Group is primarily engaged in providing pioneering and family-focused tourism and leisure solutions. The principal business activities of the group are resort; tourism destinations; and services and solutions in various tourism and leisure settings.

Fosun Tourism Group (HKSE:01992) Headlines

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