Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Days Inventory : 2.65 (As of Dec. 2023)

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What is Shanghai Jin Jiang International Hotel (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Jin Jiang International Hotel (Group) Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥64 Mil. Shanghai Jin Jiang International Hotel (Group) Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥2,207 Mil. Hence, Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory for the three months ended in Dec. 2023 was 2.65.

The historical rank and industry rank for Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory or its related term are showing as below:

SHSE:600754' s Days Inventory Range Over the Past 10 Years
Min: 2.73 Med: 20.38 Max: 36.64
Current: 2.73

During the past 13 years, Shanghai Jin Jiang International Hotel (Group) Co's highest Days Inventory was 36.64. The lowest was 2.73. And the median was 20.38.

SHSE:600754's Days Inventory is ranked better than
89.06% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SHSE:600754: 2.73

Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory declined from Dec. 2022 (3.11) to Dec. 2023 (2.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Jin Jiang International Hotel (Group) Co's Inventory Turnover for the three months ended in Dec. 2023 was 34.46.

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 Jin Jiang International Hotel (Group) Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Shanghai Jin Jiang International Hotel (Group) Co Days Inventory Historical Data

The historical data trend for Shanghai Jin Jiang International Hotel (Group) 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.

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Shanghai Jin Jiang International Hotel (Group) Co Days Inventory Chart

Shanghai Jin Jiang International Hotel (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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21.98

4.25

3.64

3.50

2.89

Shanghai Jin Jiang International Hotel (Group) 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															3.11	3.18	2.67	2.34	2.65

Competitive Comparison of Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory

For the Lodging subindustry, Shanghai Jin Jiang International Hotel (Group) 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 Jin Jiang International Hotel (Group) Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang International Hotel (Group) Co's Days Inventory falls into.

Shanghai Jin Jiang International Hotel (Group) Co Days Inventory Calculation

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

Shanghai Jin Jiang International Hotel (Group) 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
=	( (68.04	+	66.507)	/	2 )	/	8498.37	*	365
=	67.2735					/	8498.37	*	365
=	2.89

Shanghai Jin Jiang International Hotel (Group) 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
=	( (61.603	+	66.507)	/	2 )	/	2207.259	*	365 / 4
=	64.055					/	2207.259	*	365 / 4
=	2.65

Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) 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 Jin Jiang International Hotel (Group) Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2207.259	/	64.055
	=	34.46

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 Jin Jiang International Hotel (Group) Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.055	/	3687.139
	=	0.02

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 Jin Jiang International Hotel (Group) Co Days Inventory Related Terms

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

Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Jin Jiang International Hotel (Group) Co Ltd (SHSE:600754) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

900934:China

Address

No. 100 Yan an East Road, 26th Floor, Union Building, Shanghai, CHN

Website

http://www.jinjianghotels.com.cn

Shanghai Jin Jiang International Hotel (Group) Co Ltd is one of the leading hotel group in China, engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. The group operates a wide range of hotels, including full-service hotels and select service hotels.

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