CBEDF (China Taifeng Beddings Holdings) Days Inventory : 23.57 (As of Jun. 2014)

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What is China Taifeng Beddings Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Taifeng Beddings Holdings's Average Total Inventories for the six months ended in Jun. 2014 was $12.4 Mil. China Taifeng Beddings Holdings's Cost of Goods Sold for the six months ended in Jun. 2014 was $96.0 Mil. Hence, China Taifeng Beddings Holdings's Days Inventory for the six months ended in Jun. 2014 was 23.57.

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

CBEDF' s Days Inventory Range Over the Past 10 Years
Min: 6.81 Med: 34.68 Max: 78.12
Current: 6.81

During the past 7 years, China Taifeng Beddings Holdings's highest Days Inventory was 78.12. The lowest was 6.81. And the median was 34.68.

CBEDF's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 127.19 vs CBEDF: 6.81

China Taifeng Beddings Holdings's Days Inventory declined from Jun. 2013 (23.84) to Jun. 2014 (23.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Taifeng Beddings Holdings's Inventory Turnover for the six months ended in Jun. 2014 was 7.74.

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 Taifeng Beddings Holdings's Inventory-to-Revenue for the six months ended in Jun. 2014 was 0.12.

China Taifeng Beddings Holdings Days Inventory Historical Data

The historical data trend for China Taifeng Beddings Holdings'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 Taifeng Beddings Holdings Days Inventory Chart

China Taifeng Beddings Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Inventory

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46.87

34.81

34.60

25.40

18.75

China Taifeng Beddings Holdings Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Days Inventory	Get a 7-Day Free Trial						25.53	21.80	23.84	24.83	23.57

Competitive Comparison of China Taifeng Beddings Holdings's Days Inventory

For the Textile Manufacturing subindustry, China Taifeng Beddings Holdings'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 Taifeng Beddings Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Taifeng Beddings Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Taifeng Beddings Holdings's Days Inventory falls into.

China Taifeng Beddings Holdings Days Inventory Calculation

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

China Taifeng Beddings Holdings's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (13.892	+	11.813)	/	2 )	/	250.26	*	365
=	12.8525					/	250.26	*	365
=	18.75

China Taifeng Beddings Holdings's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

	Days Inventory (Q: Jun. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2013 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
=	( (11.813	+	12.978)	/	2 )	/	95.959	*	365 / 2
=	12.3955					/	95.959	*	365 / 2
=	23.57

China Taifeng Beddings Holdings (OTCPK:CBEDF) 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 Taifeng Beddings Holdings's Inventory Turnover for the six months ended in Jun. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	95.959	/	12.3955
	=	7.74

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 Taifeng Beddings Holdings's Inventory to Revenue for the six months ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.3955	/	106.804
	=	0.12

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 Taifeng Beddings Holdings Days Inventory Related Terms

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

China Taifeng Beddings Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Taifeng Beddings Holdings Ltd (OTCPK:CBEDF) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.taifeng.cc

China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

China Taifeng Beddings Holdings Headlines

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