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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Days Inventory : 99.14 (As of Jun. 2019)


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What is Millenniumpthorne Hotels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Millenniumpthorne Hotels's Average Total Inventories for the three months ended in Jun. 2019 was $157 Mil. Millenniumpthorne Hotels's Cost of Goods Sold for the three months ended in Jun. 2019 was $144 Mil. Hence, Millenniumpthorne Hotels's Days Inventory for the three months ended in Jun. 2019 was 99.14.

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

MLCTF's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 35.8
* Ranked among companies with meaningful Days Inventory only.

Millenniumpthorne Hotels's Days Inventory increased from Jun. 2018 (92.31) to Jun. 2019 (99.14). It might indicate that Millenniumpthorne Hotels's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Millenniumpthorne Hotels's Inventory Turnover for the three months ended in Jun. 2019 was 0.92.

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. Millenniumpthorne Hotels's Inventory-to-Revenue for the three months ended in Jun. 2019 was 0.48.


Millenniumpthorne Hotels Days Inventory Historical Data

The historical data trend for Millenniumpthorne Hotels'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.

Millenniumpthorne Hotels Days Inventory Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.71 85.75 92.37 79.72 93.23

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 92.31 89.52 90.22 104.80 99.14

Competitive Comparison of Millenniumpthorne Hotels's Days Inventory

For the Lodging subindustry, Millenniumpthorne Hotels'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.


Millenniumpthorne Hotels's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Millenniumpthorne Hotels's Days Inventory falls into.



Millenniumpthorne Hotels Days Inventory Calculation

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

Millenniumpthorne Hotels's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (130.027 + 151.899) / 2 ) / 551.898*365
=140.963 / 551.898*365
=93.23

Millenniumpthorne Hotels's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (156.785 + 157.161) / 2 ) / 144.487*365 / 4
=156.973 / 144.487*365 / 4
=99.14

* 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.


Millenniumpthorne Hotels  (OTCPK:MLCTF) 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.

Millenniumpthorne Hotels's Inventory Turnover for the three months ended in Jun. 2019 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.

Millenniumpthorne Hotels's Inventory to Revenue for the three months ended in Jun. 2019 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.


Millenniumpthorne Hotels Days Inventory Related Terms

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


Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

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