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Tal Lanka Hotels (COL:TAJ.N0000) Days Inventory : 13.10 (As of Dec. 2023)


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What is Tal Lanka Hotels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tal Lanka Hotels's Average Total Inventories for the three months ended in Dec. 2023 was රු104 Mil. Tal Lanka Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was රු726 Mil. Hence, Tal Lanka Hotels's Days Inventory for the three months ended in Dec. 2023 was 13.10.

The historical rank and industry rank for Tal Lanka Hotels's Days Inventory or its related term are showing as below:

COL:TAJ.N0000' s Days Inventory Range Over the Past 10 Years
Min: 12.34   Med: 13.87   Max: 21.05
Current: 13.11

During the past 13 years, Tal Lanka Hotels's highest Days Inventory was 21.05. The lowest was 12.34. And the median was 13.87.

COL:TAJ.N0000's Days Inventory is ranked better than
64.04% of 673 companies
in the Travel & Leisure industry
Industry Median: 33.92 vs COL:TAJ.N0000: 13.11

Tal Lanka Hotels's Days Inventory declined from Dec. 2022 (15.49) to Dec. 2023 (13.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tal Lanka Hotels's Inventory Turnover for the three months ended in Dec. 2023 was 6.96.

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. Tal Lanka Hotels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.


Tal Lanka Hotels Days Inventory Historical Data

The historical data trend for Tal Lanka Hotels'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.

Tal Lanka Hotels Days Inventory Chart

Tal Lanka Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.51 14.48 21.05 15.43 13.17

Tal Lanka Hotels 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 15.49 14.02 11.77 11.90 13.10

Competitive Comparison of Tal Lanka Hotels's Days Inventory

For the Lodging subindustry, Tal Lanka Hotels'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.


Tal Lanka Hotels's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tal Lanka Hotels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tal Lanka Hotels's Days Inventory falls into.



Tal Lanka Hotels Days Inventory Calculation

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

Tal Lanka Hotels'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
=( (63.96 + 93.317) / 2 ) / 2179.389*365
=78.6385 / 2179.389*365
=13.17

Tal Lanka Hotels'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
=( (96.054 + 112.449) / 2 ) / 726.036*365 / 4
=104.2515 / 726.036*365 / 4
=13.10

* 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.


Tal Lanka Hotels  (COL:TAJ.N0000) 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.

Tal Lanka Hotels'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.

Tal Lanka Hotels'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.


Tal Lanka Hotels Days Inventory Related Terms

Thank you for viewing the detailed overview of Tal Lanka Hotels's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Tal Lanka Hotels (COL:TAJ.N0000) Business Description

Traded in Other Exchanges
N/A
Address
25, Galle Face Centre Road, Colombo, LKA, 03
Tal Lanka Hotels PLC is engaged in the hospitality trade business. The company owns the Taj Samudra Hotel in Colombo and also manages the operations of the Airport Garden Hotel Limited, Colombo, from which it earns Management Fees. The company operates its business only across Sri Lanka.

Tal Lanka Hotels (COL:TAJ.N0000) Headlines

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