GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Airport Co Ltd (SHSE:600009) » Definitions » Days Inventory
中文

Shanghai International Airport Co (SHSE:600009) Days Inventory : 1.87 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Shanghai International Airport Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai International Airport Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥50 Mil. Shanghai International Airport Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥2,457 Mil. Hence, Shanghai International Airport Co's Days Inventory for the three months ended in Dec. 2023 was 1.87.

The historical rank and industry rank for Shanghai International Airport Co's Days Inventory or its related term are showing as below:

SHSE:600009' s Days Inventory Range Over the Past 10 Years
Min: 0.87   Med: 1.78   Max: 2.13
Current: 1.91

During the past 13 years, Shanghai International Airport Co's highest Days Inventory was 2.13. The lowest was 0.87. And the median was 1.78.

SHSE:600009's Days Inventory is ranked better than
85.28% of 781 companies
in the Transportation industry
Industry Median: 11.49 vs SHSE:600009: 1.91

Shanghai International Airport Co's Days Inventory increased from Dec. 2022 (1.58) to Dec. 2023 (1.87). It might indicate that Shanghai International Airport Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai International Airport Co's Inventory Turnover for the three months ended in Dec. 2023 was 48.85.

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. Shanghai International Airport Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Shanghai International Airport Co Days Inventory Historical Data

The historical data trend for Shanghai International Airport 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.

Shanghai International Airport Co Days Inventory Chart

Shanghai International Airport Co 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 1.17 0.87 1.05 1.78 1.90

Shanghai International Airport Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 1.58 2.00 1.90 1.89 1.87

Competitive Comparison of Shanghai International Airport Co's Days Inventory

For the Airports & Air Services subindustry, Shanghai International Airport 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.


Shanghai International Airport Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Airport Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai International Airport Co's Days Inventory falls into.



Shanghai International Airport Co Days Inventory Calculation

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

Shanghai International Airport Co'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
=( (48.269 + 47.502) / 2 ) / 9222.977*365
=47.8855 / 9222.977*365
=1.90

Shanghai International Airport Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (53.076 + 47.502) / 2 ) / 2456.745*365 / 4
=50.289 / 2456.745*365 / 4
=1.87

* 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.


Shanghai International Airport Co  (SHSE:600009) 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.

Shanghai International Airport Co's Inventory Turnover for the three months ended in Dec. 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.

Shanghai International Airport Co's Inventory to Revenue for the three months ended in Dec. 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.


Shanghai International Airport Co Days Inventory Related Terms

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


Shanghai International Airport Co (SHSE:600009) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Qihang Road, Pudong, Shanghai, CHN, 201207
Shanghai International Airport Co Ltd is engaged in airport services at the Pudong International Airport in Shanghai, China. The company's principal activities consist of ground handling services for domestic and foreign airlines.

Shanghai International Airport Co (SHSE:600009) Headlines

No Headlines