GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Cullinan Holdings Ltd (JSE:CULP.PFD) » Definitions » Days Inventory

Cullinan Holdings (JSE:CULP.PFD) Days Inventory : 53.30 (As of Sep. 2017)


View and export this data going back to 1955. Start your Free Trial

What is Cullinan Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cullinan Holdings's Average Total Inventories for the six months ended in Sep. 2017 was R40.48 Mil. Cullinan Holdings's Cost of Goods Sold for the six months ended in Sep. 2017 was R138.61 Mil. Hence, Cullinan Holdings's Days Inventory for the six months ended in Sep. 2017 was 53.30.

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

JSE:CULP.PFD' s Days Inventory Range Over the Past 10 Years
Min: 33.54   Med: 57.02   Max: 98.22
Current: 49.21

During the past 13 years, Cullinan Holdings's highest Days Inventory was 98.22. The lowest was 33.54. And the median was 57.02.

JSE:CULP.PFD's Days Inventory is not ranked
in the Travel & Leisure industry.
Industry Median: 34.995 vs JSE:CULP.PFD: 49.21

Cullinan Holdings's Days Inventory increased from Sep. 2016 (38.91) to Sep. 2017 (53.30). It might indicate that Cullinan Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cullinan Holdings's Inventory Turnover for the six months ended in Sep. 2017 was 3.42.

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. Cullinan Holdings's Inventory-to-Revenue for the six months ended in Sep. 2017 was 0.08.


Cullinan Holdings Days Inventory Historical Data

The historical data trend for Cullinan 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.

Cullinan Holdings Days Inventory Chart

Cullinan Holdings Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.51 33.54 53.98 47.20 44.67

Cullinan Holdings Semi-Annual Data
Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
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 57.90 62.36 38.91 49.98 53.30

Competitive Comparison of Cullinan Holdings's Days Inventory

For the Leisure subindustry, Cullinan 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.


Cullinan Holdings's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Cullinan Holdings's Days Inventory falls into.



Cullinan Holdings Days Inventory Calculation

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

Cullinan Holdings's Days Inventory for the fiscal year that ended in Sep. 2017 is calculated as

Days Inventory (A: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2016 ) + Total Inventories (A: Sep. 2017 )) / count ) / Cost of Goods Sold (A: Sep. 2017 )*Days in Period
=( (43.175 + 31.952) / 2 ) / 306.904*365
=37.5635 / 306.904*365
=44.67

Cullinan Holdings's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (49.009 + 31.952) / 2 ) / 138.605*365 / 2
=40.4805 / 138.605*365 / 2
=53.30

* 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.


Cullinan Holdings  (JSE:CULP.PFD) 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.

Cullinan Holdings's Inventory Turnover for the six months ended in Sep. 2017 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.

Cullinan Holdings's Inventory to Revenue for the six months ended in Sep. 2017 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.


Cullinan Holdings Days Inventory Related Terms

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


Cullinan Holdings (JSE:CULP.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Cullinan Holdings Ltd is engaged in leisure business sector. The business of the company operates in segments that include Marine and Boating; which supplies marine and boating equipment to boat builders and wholesalers; Travel and Tourism, which provides outbound tours, inbound tours, and coaching and touring; Financial Services, which provides bridging finance primarily on property transfers, marine finance aimed at boat building; and Corporate Services, which focus on projects to support community development. The Travel and Tourism business segment generates maximum revenue for the company.

Cullinan Holdings (JSE:CULP.PFD) Headlines

No Headlines