Sinotrans Shipping (Sinotrans Shipping) Days Inventory : 6.75 (As of Jun. 2018)

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

What is Sinotrans Shipping Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sinotrans Shipping's Average Total Inventories for the six months ended in Jun. 2018 was $16.62 Mil. Sinotrans Shipping's Cost of Goods Sold for the six months ended in Jun. 2018 was $449.05 Mil. Hence, Sinotrans Shipping's Days Inventory for the six months ended in Jun. 2018 was 6.75.

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

SSLYY' s Days Inventory Range Over the Past 10 Years
Min: 1.01 Med: 5.88 Max: 8.55
Current: 6.58

During the past 12 years, Sinotrans Shipping's highest Days Inventory was 8.55. The lowest was 1.01. And the median was 5.88.

SSLYY's Days Inventory is not ranked
in the Transportation industry.
Industry Median: 11.4 vs SSLYY: 6.58

Sinotrans Shipping's Days Inventory increased from Jun. 2017 (6.50) to Jun. 2018 (6.75). It might indicate that Sinotrans Shipping's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinotrans Shipping's Inventory Turnover for the six months ended in Jun. 2018 was 27.03.

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. Sinotrans Shipping's Inventory-to-Revenue for the six months ended in Jun. 2018 was 0.03.

Sinotrans Shipping Days Inventory Historical Data

The historical data trend for Sinotrans Shipping'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.

Sinotrans Shipping Days Inventory Chart

Sinotrans Shipping Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

Get a 7-Day Free Trial

4.30

8.55

8.36

7.03

7.24

Sinotrans Shipping Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Inventory	Get a 7-Day Free Trial															6.80	6.26	6.50	6.98	6.75

Competitive Comparison of Sinotrans Shipping's Days Inventory

For the Marine Shipping subindustry, Sinotrans Shipping'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.

Sinotrans Shipping's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans Shipping's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sinotrans Shipping's Days Inventory falls into.

Sinotrans Shipping Days Inventory Calculation

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

Sinotrans Shipping's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (17.996	+	19.303)	/	2 )	/	940.108	*	365
=	18.6495					/	940.108	*	365
=	7.24

Sinotrans Shipping's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (19.303	+	13.927)	/	2 )	/	449.054	*	365 / 2
=	16.615					/	449.054	*	365 / 2
=	6.75

Sinotrans Shipping (GREY:SSLYY) 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.

Sinotrans Shipping's Inventory Turnover for the six months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	449.054	/	16.615
	=	27.03

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.

Sinotrans Shipping's Inventory to Revenue for the six months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.615	/	497.002
	=	0.03

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.

Sinotrans Shipping Days Inventory Related Terms

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

Sinotrans Shipping (Sinotrans Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Shipping Ltd (GREY:SSLYY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sinotranship.com

Sinotrans Shipping is a transportation and logistics company, domiciled in Hong Kong. The company organises itself into three segments: container shipping, dry bulk shipping, and others. Container shipping, which contributes the majority of revenue, transports shipping containers and provides freight forwarding services. Dry bulk shipping, the next most significant segment, transports ocean freight and includes charter hire income. The others segment includes ship management and the liquefied natural gas business. The company derives the majority of revenue from Asia.

Sinotrans Shipping (Sinotrans Shipping) Headlines

No Headlines