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China Fishery Group (China Fishery Group) Days Inventory : 144.39 (As of Jun. 2015)


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What is China Fishery Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Fishery Group's Average Total Inventories for the three months ended in Jun. 2015 was $160.3 Mil. China Fishery Group's Cost of Goods Sold for the three months ended in Jun. 2015 was $101.3 Mil. Hence, China Fishery Group's Days Inventory for the three months ended in Jun. 2015 was 144.39.

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

CIFHY's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.17
* Ranked among companies with meaningful Days Inventory only.

China Fishery Group's Days Inventory declined from Jun. 2014 (165.23) to Jun. 2015 (144.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Fishery Group's Inventory Turnover for the three months ended in Jun. 2015 was 0.63.

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. China Fishery Group's Inventory-to-Revenue for the three months ended in Jun. 2015 was 1.18.


China Fishery Group Days Inventory Historical Data

The historical data trend for China Fishery 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.

* Premium members only.

China Fishery Group Days Inventory Chart

China Fishery Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 20.58 40.30 69.37 111.27

China Fishery Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 Premium Member Only 165.23 145.72 140.75 219.93 144.39

Competitive Comparison of China Fishery Group's Days Inventory

For the Packaged Foods subindustry, China Fishery 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.


China Fishery Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Fishery Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Fishery Group's Days Inventory falls into.



China Fishery Group Days Inventory Calculation

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

China Fishery Group's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

Days Inventory (A: Sep. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2013 ) + Total Inventories (A: Sep. 2014 )) / count ) / Cost of Goods Sold (A: Sep. 2014 )*Days in Period
=( (98.193 + 158.404) / 2 ) / 420.849*365
=128.2985 / 420.849*365
=111.27

China Fishery Group's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (85.45 + 235.165) / 2 ) / 101.308*365 / 4
=160.3075 / 101.308*365 / 4
=144.39

* 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.


China Fishery Group  (OTCPK:CIFHY) 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.

China Fishery Group's Inventory Turnover for the three months ended in Jun. 2015 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.

China Fishery Group's Inventory to Revenue for the three months ended in Jun. 2015 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.


China Fishery Group Days Inventory Related Terms

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


China Fishery Group (China Fishery Group) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Room 3312-3314, Hong Kong Plaza, Hong Kong, HKG
China Fishery Group Ltd is a Hong Kong-based industrial fishing company with access to fish in some of the fishing grounds, including the Anchovy fishery in Peru. Business activity of the firm is functioned through three reportable segments namely contract supply business, Peruvian fishmeal, and China fishery fleet. It offers fish products in various forms, such as frozen whole, headed and gutted, frozen fillets, and fish roe and milt for wholesalers and food processors, as well as sells fish meal and oil products for fish meal and oil distributors, and Omega-3 capsule manufacturers. Geographically, its business presence can be seen across the region of China, Europe, South America, Africa and Australia.

China Fishery Group (China Fishery Group) Headlines

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