China Merchants Port Holdings Co (China Merchants Port Holdings Co) Days Inventory

: 10.37 (As of Jun. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). China Merchants Port Holdings Co's Average Total Inventories for the six months ended in Jun. 2023 was $23 Mil. China Merchants Port Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $408 Mil. Hence, China Merchants Port Holdings Co's Days Inventory for the six months ended in Jun. 2023 was 10.37.

The historical rank and industry rank for China Merchants Port Holdings Co's Days Inventory or its related term are showing as below:

CMHHY' s Days Inventory Range Over the Past 10 Years
Min: 6.08 Med: 7.59 Max: 10.67
Current: 10.56

During the past 13 years, China Merchants Port Holdings Co's highest Days Inventory was 10.67. The lowest was 6.08. And the median was 7.59.

CMHHY's Days Inventory is ranked better than
53.51% of 783 companies
in the Transportation industry
Industry Median: 11.57 vs CMHHY: 10.56

China Merchants Port Holdings Co's Days Inventory increased from Jun. 2022 (9.42) to Jun. 2023 (10.37). It might indicate that China Merchants Port Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Merchants Port Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 was 17.60.

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 Merchants Port Holdings Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.03.

China Merchants Port Holdings Co Days Inventory Historical Data

The historical data trend for China Merchants Port Holdings Co'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 Merchants Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

8.20

10.64

9.73

8.91

10.46

China Merchants Port Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																8.18	9.42	9.12	10.37	10.88

Competitive Comparison

For the Marine Shipping subindustry, China Merchants Port Holdings Co'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 Merchants Port Holdings Co Days Inventory Distribution

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Merchants Port Holdings Co's Days Inventory falls into.

China Merchants Port Holdings Co Days Inventory Calculation

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

China Merchants Port Holdings Co'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
=	( (21.285	+	22.478)	/	2 )	/	896.164	*	365
=	21.8815					/	896.164	*	365
=	8.91

China Merchants Port Holdings Co'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
=	( (22.478	+	23.873)	/	2 )	/	407.889	*	365 / 2
=	23.1755					/	407.889	*	365 / 2
=	10.37

China Merchants Port Holdings Co (OTCPK:CMHHY) 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 Merchants Port Holdings Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	407.889	/	23.1755
	=	17.60

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 Merchants Port Holdings Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.1755	/	741.095
	=	0.03

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 Merchants Port Holdings Co Days Inventory Related Terms

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China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (OTCPK:CMHHY) » Definitions » Days Inventory

Traded in Other Exchanges

CMHHF:USA 00144:Hong Kong CPM:Germany

Address

168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cmport.com.hk

China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Headlines

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