QKLS (QKL Stores) Days Inventory: 90.29 (As of Dec. 2015)


What is QKL Stores Days Inventory?

QKL Stores QKLS Days Inventory is 90.29 as of Dec. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). QKL Stores's Average Total Inventories for the three months ended in Dec. 2015 was $50.4 Mil. QKL Stores's Cost of Goods Sold for the three months ended in Dec. 2015 was $50.9 Mil. Hence, QKL Stores's Days Inventory for the three months ended in Dec. 2015 was 90.29.

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

QKLS's Days Inventory is not ranked *
in the Retail - Defensive industry.
Industry Median: 40.805
* Ranked among companies with meaningful Days Inventory only.

QKL Stores's Days Inventory increased from Dec. 2014 (79.59) to Dec. 2015 (90.29). It might indicate that QKL Stores's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. QKL Stores's Inventory Turnover for the three months ended in Dec. 2015 was 1.01.

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. QKL Stores's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.81.

QKL Stores  (OTCPK:QKLS) 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.

QKL Stores's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=50.917 / 50.3815
=1.01

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.

QKL Stores's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=50.3815 / 62.449
=0.81

* 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.

QKL Stores Days Inventory Related Terms

QKL Stores Days Inventory Historical Data

* Premium members only.

The historical data trend for QKL Stores'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.

QKL Stores Days Inventory Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.78 68.71 96.95 101.82 98.01

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 79.59 58.24 74.37 78.50 90.29

QKLS vs IFMK, HWIN: Days Inventory Comparison

For the Grocery Stores subindustry, QKL Stores'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.

QKL Stores Days Inventory vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Days Inventory distribution charts can be found below:

* The bar in red indicates where QKL Stores's Days Inventory falls into.


QKL Stores Days Inventory Calculation

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

QKL Stores's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (62.606 + 57.911) / 2 ) / 224.41*365
=60.2585 / 224.41*365
=98.01

QKL Stores's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (42.852 + 57.911) / 2 ) / 50.917*365 / 4
=50.3815 / 50.917*365 / 4
=90.29

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 90.29 mean?
QKL Stores (QKLS) has a Days Inventory of 90.29 as of Dec. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on QKL Stores and its competitors.
Is QKL Stores' Days Inventory too high?
QKL Stores' current Days Inventory is 90.29. The Retail - Defensive industry median Days Inventory is 40.81. QKL Stores' value of 90.29 is 121.3% above this industry median.
How does QKL Stores' Days Inventory compare to IFMK and HWIN?
QKL Stores' Days Inventory of 90.29 can be compared against companies in the Retail - Defensive industry. The industry median Days Inventory is 40.81. QKL Stores' value of 90.29 is 121.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Retail - Defensive company?
The median Days Inventory among Retail - Defensive companies is 40.81, based on 300 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QKL Stores's current Days Inventory of 90.29 is 121.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on QKL Stores and its competitors. For the Retail - Defensive industry, the median Days Inventory is 40.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QKL Stores's current Days Inventory is 90.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Days Inventory of 90.29. The current Days Inventory is 90.29 and 121.3% above the Retail - Defensive industry median of 40.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For QKL Stores (QKLS), the current Days Inventory is 90.29 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.