China Tower (HKSE:00788) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is China Tower Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Tower's Average Total Inventories for the three months ended in Dec. 2023 was HK$0 Mil. China Tower's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$0 Mil.

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

During the past 9 years, China Tower's highest Days Inventory was 0.98. The lowest was 0.09. And the median was 0.17.

HKSE:00788's Days Inventory is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 19.075
* Ranked among companies with meaningful Days Inventory only.

China Tower's Days Inventory stayed the same from Sep. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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 Tower's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

China Tower Days Inventory Historical Data

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

China Tower Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

China Tower Quarterly Data
	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of China Tower's Days Inventory

For the Telecom Services subindustry, China Tower'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 Tower's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Tower's Days Inventory distribution charts can be found below:

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

China Tower Days Inventory Calculation

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

China Tower'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
=	( (0	+	0)	/	1 )	/	5898.749	*	365
=	0					/	5898.749	*	365
=	0.00

China Tower'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
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

China Tower (HKSE:00788) 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 Tower's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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 Tower's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	26095.377
	=	0.00

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 Tower Days Inventory Related Terms

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

China Tower (HKSE:00788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (HKSE:00788) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CTOWY:USA CHWRF:USA 2Y1:Germany

Address

Yard No. 9, Dongran North Street, China Tower Industrial Park, Haidian District, Room 101, LG1 to 3rd Floor, Building 14, North District, Beijing, CHN

Website

https://www.china-tower.com

China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager

China Tower (HKSE:00788) Headlines

No Headlines