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China Fortune Investments (Holding) (STU:NLY5) Days Inventory : 442.71 (As of Jun. 2021)


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What is China Fortune Investments (Holding) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Fortune Investments (Holding)'s Average Total Inventories for the three months ended in Jun. 2021 was €1.50 Mil. China Fortune Investments (Holding)'s Cost of Goods Sold for the three months ended in Jun. 2021 was €0.31 Mil. Hence, China Fortune Investments (Holding)'s Days Inventory for the three months ended in Jun. 2021 was 442.71.

The historical rank and industry rank for China Fortune Investments (Holding)'s Days Inventory or its related term are showing as below:

STU:NLY5' s Days Inventory Range Over the Past 10 Years
Min: 163.28   Med: 445.34   Max: 983.89
Current: 496.83

During the past 13 years, China Fortune Investments (Holding)'s highest Days Inventory was 983.89. The lowest was 163.28. And the median was 445.34.

STU:NLY5's Days Inventory is not ranked
in the Retail - Cyclical industry.
Industry Median: 110.7 vs STU:NLY5: 496.83

China Fortune Investments (Holding)'s Days Inventory declined from Jun. 2020 (4,173.03) to Jun. 2021 (442.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Fortune Investments (Holding)'s Inventory Turnover for the three months ended in Jun. 2021 was 0.21.

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 Fortune Investments (Holding)'s Inventory-to-Revenue for the three months ended in Jun. 2021 was 3.66.


China Fortune Investments (Holding) Days Inventory Historical Data

The historical data trend for China Fortune Investments (Holding)'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 Fortune Investments (Holding) Days Inventory Chart

China Fortune Investments (Holding) Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.60 244.77 176.19 758.52 933.17

China Fortune Investments (Holding) Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 4,173.03 1,706.44 137.37 173.22 442.71

Competitive Comparison of China Fortune Investments (Holding)'s Days Inventory

For the Specialty Retail subindustry, China Fortune Investments (Holding)'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 Fortune Investments (Holding)'s Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Fortune Investments (Holding)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where China Fortune Investments (Holding)'s Days Inventory falls into.



China Fortune Investments (Holding) Days Inventory Calculation

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

China Fortune Investments (Holding)'s Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (10.294 + 1.942) / 2 ) / 2.393*365
=6.118 / 2.393*365
=933.17

China Fortune Investments (Holding)'s Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 1.504) / 1 ) / 0.31*365 / 4
=1.504 / 0.31*365 / 4
=442.71

* 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.


China Fortune Investments (Holding)  (STU:NLY5) 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 Fortune Investments (Holding)'s Inventory Turnover for the three months ended in Jun. 2021 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.

China Fortune Investments (Holding)'s Inventory to Revenue for the three months ended in Jun. 2021 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.


China Fortune Investments (Holding) Days Inventory Related Terms

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


China Fortune Investments (Holding) (STU:NLY5) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG
China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) (STU:NLY5) Headlines

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