China Sports International (STU:3C6A) Days Inventory : 19.37 (As of Sep. 2017)

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What is China Sports International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Sports International's Average Total Inventories for the three months ended in Sep. 2017 was €1.00 Mil. China Sports International's Cost of Goods Sold for the three months ended in Sep. 2017 was €4.70 Mil. Hence, China Sports International's Days Inventory for the three months ended in Sep. 2017 was 19.37.

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

STU:3C6A' s Days Inventory Range Over the Past 10 Years
Min: 5.76 Med: 9.81 Max: 17.07
Current: 17.07

During the past 9 years, China Sports International's highest Days Inventory was 17.07. The lowest was 5.76. And the median was 9.81.

STU:3C6A's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.14 vs STU:3C6A: 17.07

China Sports International's Days Inventory declined from Jun. 2016 (27.86) to Sep. 2017 (19.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Sports International's Inventory Turnover for the three months ended in Sep. 2017 was 4.71.

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. China Sports International's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.17.

China Sports International Days Inventory Historical Data

The historical data trend for China Sports International'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.

China Sports International Days Inventory Chart

China Sports International Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

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9.10

11.23

11.57

11.63

12.16

China Sports International Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Mar17	Jun17	Sep17
Days Inventory	Get a 7-Day Free Trial															27.86	21.05	13.76	15.03	19.37

Competitive Comparison of China Sports International's Days Inventory

For the Footwear & Accessories subindustry, China Sports International'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.

China Sports International's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Sports International's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Sports International's Days Inventory falls into.

China Sports International Days Inventory Calculation

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

China Sports International's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (2.424	+	3.422)	/	2 )	/	87.749	*	365
=	2.923					/	87.749	*	365
=	12.16

China Sports International'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: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (0	+	0.997)	/	1 )	/	4.696	*	365 / 4
=	0.997					/	4.696	*	365 / 4
=	19.37

China Sports International (STU:3C6A) 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.

China Sports International's Inventory Turnover for the three months ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.696	/	0.997
	=	4.71

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.

China Sports International's Inventory to Revenue for the three months ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.997	/	5.944
	=	0.17

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.

China Sports International Days Inventory Related Terms

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

China Sports International (STU:3C6A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Sports International Ltd (STU:3C6A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM 11

Website

http://www.chinasportsintl.com

China Sports International Ltd is primarily involved in the design, manufacture and sale of sports fashion footwear and design and sale of sports fashion apparel under its own YELI brand. It is also licensed to use the graphic images of various characters in their kid's footwear including shoes, sandals and slippers throughout China. The company has Footwear and Apparel and Accessories operating segments and it derives the majority of its revenues from footwear segment.

China Sports International (STU:3C6A) Headlines

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