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Cinese International Group Holdings (HKSE:01620) Days Inventory : 0.00 (As of Jun. 2024)


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What is Cinese International Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cinese International Group Holdings's Average Total Inventories for the six months ended in Jun. 2024 was HK$0.0 Mil. Cinese International Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$31.9 Mil. Hence, Cinese International Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 0.00.

The historical rank and industry rank for Cinese International Group Holdings's Days Inventory or its related term are showing as below:

HKSE:01620's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 30.92
* Ranked among companies with meaningful Days Inventory only.

Cinese International Group Holdings's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (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. Cinese International Group Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.


Cinese International Group Holdings Days Inventory Historical Data

The historical data trend for Cinese International Group 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.

Cinese International Group Holdings Days Inventory Chart

Cinese International Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Cinese International Group Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Cinese International Group Holdings's Days Inventory

For the Travel Services subindustry, Cinese International Group 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.


Cinese International Group Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cinese International Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cinese International Group Holdings's Days Inventory falls into.


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Cinese International Group Holdings Days Inventory Calculation

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

Cinese International Group Holdings'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 ) / 59.312*365
=0 / 59.312*365
=0.00

Cinese International Group Holdings'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
=( (0 + 0) / 1 ) / 31.911*365 / 2
=0 / 31.911*365 / 2
=0.00

* 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.


Cinese International Group Holdings  (HKSE:01620) 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.

Cinese International Group 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.

Cinese International Group 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.


Cinese International Group Holdings Days Inventory Related Terms

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


Cinese International Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
1090 Don Mills Road, Suite 304, Toronto, ON, CAN, M3C 3R6
Cinese International Group Holdings Ltd is engaged in air ticket distribution, travel business process management, travel products and services, and other business process management. The business segments are air ticket distribution, travel business process management, travel products and services, and other business process management. The other business process management segment contributes to the majority of its revenue. Geographically, the majority of the company's revenue is generated from Canada.
Executives
Liu Xuebin 2201 Interest of corporation controlled by you
Tomorrow Education Holding Limited 2201 Interest of corporation controlled by you
Tomorrow Education Technology Limited 2101 Beneficial owner

Cinese International Group Holdings Headlines

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