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Anhui Conch Cement Co (Anhui Conch Cement Co) Days Inventory : 23.92 (As of Dec. 2023)


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What is Anhui Conch Cement Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Conch Cement Co's Average Total Inventories for the three months ended in Dec. 2023 was $1,349 Mil. Anhui Conch Cement Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,146 Mil. Hence, Anhui Conch Cement Co's Days Inventory for the three months ended in Dec. 2023 was 23.92.

The historical rank and industry rank for Anhui Conch Cement Co's Days Inventory or its related term are showing as below:

AHCHY' s Days Inventory Range Over the Past 10 Years
Min: 18.29   Med: 34.17   Max: 42.62
Current: 32.47

During the past 13 years, Anhui Conch Cement Co's highest Days Inventory was 42.62. The lowest was 18.29. And the median was 34.17.

AHCHY's Days Inventory is ranked better than
86.65% of 367 companies
in the Building Materials industry
Industry Median: 83.41 vs AHCHY: 32.47

Anhui Conch Cement Co's Days Inventory declined from Dec. 2022 (24.97) to Dec. 2023 (23.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Conch Cement Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.81.

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. Anhui Conch Cement Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Anhui Conch Cement Co Days Inventory Historical Data

The historical data trend for Anhui Conch Cement Co'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.

Anhui Conch Cement Co Days Inventory Chart

Anhui Conch Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.40 17.74 25.81 39.54 34.23

Anhui Conch Cement Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.97 38.29 37.13 32.90 23.92

Competitive Comparison of Anhui Conch Cement Co's Days Inventory

For the Building Materials subindustry, Anhui Conch Cement Co'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.


Anhui Conch Cement Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Days Inventory falls into.



Anhui Conch Cement Co Days Inventory Calculation

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

Anhui Conch Cement Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1675.2 + 1414.575) / 2 ) / 16475.256*365
=1544.8875 / 16475.256*365
=34.23

Anhui Conch Cement Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1283.428 + 1414.575) / 2 ) / 5146.345*365 / 4
=1349.0015 / 5146.345*365 / 4
=23.92

* 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.


Anhui Conch Cement Co  (OTCPK:AHCHY) 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.

Anhui Conch Cement Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Anhui Conch Cement Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Anhui Conch Cement Co Days Inventory Related Terms

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


Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

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