Days Inventory is also known as Days Sales of Inventory (DSI). CPMC Holdings's Average Total Inventories for the
six
months ended in Jun. 2024 was HK$1,753 Mil. CPMC Holdings's Cost of Goods Sold for the
six
months ended in Jun. 2024 was HK$5,012 Mil.
Hence, CPMC Holdings's Days Inventory for the
six
months ended in Jun. 2024 was 63.82.
The historical rank and industry rank for CPMC Holdings's Days Inventory or its related term are showing as below:
HKSE:00906'
s Days Inventory Range Over the Past 10 Years
Min: 63.57 Med: 68.52 Max: 78.46
Current: 65.52
During the past 13 years, CPMC Holdings's highest Days Inventory was 78.46. The lowest was 63.57. And the median was 68.52.
HKSE:00906's Days Inventory is ranked better than 60.63% of 381
companies
in the Packaging & Containers industry
Industry Median: 76.12
vs HKSE:00906: 65.52
CPMC Holdings's Days Inventory
declined
from Jun. 2023 (67.15) to Jun. 2024 (63.82).
Inventory Turnover measures how fast the company turns over its inventory within a year.
CPMC Holdings's Inventory Turnover for the
six
months ended in Jun. 2024 was 2.86.
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.
CPMC Holdings's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.29.
CPMC Holdings Days Inventory Historical Data
The historical data trend for CPMC 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.
Competitive Comparison of CPMC Holdings's Days Inventory
For the Packaging & Containers subindustry, CPMC 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.
CPMC Holdings's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, CPMC Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where CPMC Holdings's Days Inventory falls into.
CPMC Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CPMC Holdings's Days Inventory for the fiscal year that 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.
CPMC Holdings (HKSE:00906) 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.
CPMC Holdings'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.
CPMC Holdings'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.
CPMC Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of CPMC Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CPMC Holdings Ltd is an investment holding company engaged in the manufacturing and sales of packaging products used for consumer goods such as food, beverages, and household chemical products. The company operates in three segments; Tinplate packaging includes tinplate packaging products, which include, milk powder cans, aerosol cans, metal caps, steel barrels, and other metal packaging, Aluminum packaging includes aluminum packaging products of two-piece beverage cans and one-piece bottles, and Plastic packaging includes plastic packaging products used for milk bottles, shampoo bottles, plastic devices of electronic products, daily use hardware, package printing, sports drink bottles, and related plastic-made products.
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