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China Foods (FRA:CFH) Days Inventory : 34.24 (As of Jun. 2024)


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What is China Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Foods's Average Total Inventories for the six months ended in Jun. 2024 was €178 Mil. China Foods's Cost of Goods Sold for the six months ended in Jun. 2024 was €950 Mil. Hence, China Foods's Days Inventory for the six months ended in Jun. 2024 was 34.24.

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

FRA:CFH' s Days Inventory Range Over the Past 10 Years
Min: 36.71   Med: 61.52   Max: 203.54
Current: 36.71

During the past 13 years, China Foods's highest Days Inventory was 203.54. The lowest was 36.71. And the median was 61.52.

FRA:CFH's Days Inventory is ranked better than
83.33% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 67.085 vs FRA:CFH: 36.71

China Foods's Days Inventory declined from Jun. 2023 (36.26) to Jun. 2024 (34.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Foods's Inventory Turnover for the six months ended in Jun. 2024 was 5.33.

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 Foods's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.12.


China Foods Days Inventory Historical Data

The historical data trend for China Foods'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 Foods Days Inventory Chart

China Foods 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 59.15 65.89 51.53 52.46 48.92

China Foods Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 35.46 46.17 36.26 45.92 34.24

Competitive Comparison of China Foods's Days Inventory

For the Beverages - Non-Alcoholic subindustry, China Foods'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 Foods's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Foods's Days Inventory falls into.



China Foods Days Inventory Calculation

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

China Foods'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
=( (255.603 + 223.044) / 2 ) / 1785.484*365
=239.3235 / 1785.484*365
=48.92

China Foods's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (223.044 + 133.327) / 2 ) / 949.82*365 / 2
=178.1855 / 949.82*365 / 2
=34.24

* 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.


China Foods  (FRA:CFH) 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 Foods's Inventory Turnover for the six months ended in Jun. 2024 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.

China Foods's Inventory to Revenue for the six months ended in Jun. 2024 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.


China Foods Days Inventory Related Terms

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


China Foods Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
China Foods Ltd is an investment holding company that operates in the beverage business. It offers twenty-four brands of products in ten types of beverages which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink, plant-based protein drink, and alcoholic drink. Geographically, it derives the majority of revenue from Mainland China.

China Foods Headlines

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