Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Days Inventory

: 300.92 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Chow Tai Fook Jewellery Group's Average Total Inventories for the six months ended in Sep. 2023 was $7,832 Mil. Chow Tai Fook Jewellery Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,750 Mil. Hence, Chow Tai Fook Jewellery Group's Days Inventory for the six months ended in Sep. 2023 was 300.92.

The historical rank and industry rank for Chow Tai Fook Jewellery Group's Days Inventory or its related term are showing as below:

CJEWF' s Days Inventory Range Over the Past 10 Years
Min: 226.63 Med: 297.16 Max: 368.21
Current: 299.34

During the past 13 years, Chow Tai Fook Jewellery Group's highest Days Inventory was 368.21. The lowest was 226.63. And the median was 297.16.

CJEWF's Days Inventory is ranked worse than
88.17% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 110.2 vs CJEWF: 299.34

Chow Tai Fook Jewellery Group's Days Inventory declined from Sep. 2022 (306.53) to Sep. 2023 (300.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chow Tai Fook Jewellery Group's Inventory Turnover for the six months ended in Sep. 2023 was 0.61.

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. Chow Tai Fook Jewellery Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.24.

Chow Tai Fook Jewellery Group Days Inventory Historical Data

The historical data trend for Chow Tai Fook Jewellery 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.

Chow Tai Fook Jewellery Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

282.72

366.31

311.70

239.65

289.80

Chow Tai Fook Jewellery Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory																269.43	238.76	306.53	291.83	300.92

Competitive Comparison

For the Luxury Goods subindustry, Chow Tai Fook Jewellery 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.

Chow Tai Fook Jewellery Group Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Chow Tai Fook Jewellery Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chow Tai Fook Jewellery Group's Days Inventory falls into.

Chow Tai Fook Jewellery Group Days Inventory Calculation

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

Chow Tai Fook Jewellery Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (7318.863	+	7554.168)	/	2 )	/	9366.252	*	365
=	7436.5155					/	9366.252	*	365
=	289.80

Chow Tai Fook Jewellery Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (7554.168	+	8109.037)	/	2 )	/	4749.646	*	365 / 2
=	7831.6025					/	4749.646	*	365 / 2
=	300.92

Chow Tai Fook Jewellery Group (OTCPK:CJEWF) 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.

Chow Tai Fook Jewellery Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4749.646	/	7831.6025
	=	0.61

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.

Chow Tai Fook Jewellery Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7831.6025	/	6326.41
	=	1.24

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.

Chow Tai Fook Jewellery Group Days Inventory Related Terms

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Chow Tai Fook Jewellery Group (Chow Tai Fook Jewellery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Tai Fook Jewellery Group Ltd (OTCPK:CJEWF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CJEWY:USA 01929:Hong Kong 1CT:Germany

Address

16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, HKG

Website

https://www.ctfjewellerygroup.com

Chow Tai Fook Jewellery Group Ltd is engaged in the jewelry and watch business located in Mainland China. The company's geographical operating segment includes Mainland China and Hong Kong, Macau and other markets. It generates maximum revenue from Mainland China. Its product categories include ring, bands, necklace, pendant, earrings, chain, bracelet, and others. The company derives revenue from Gem-set, Gold products, Platinum/Karat gold products, and Watches.