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China Natural Resources (China Natural Resources) Days Inventory : 28.19 (As of Jun. 2023)


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What is China Natural Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Natural Resources's Average Total Inventories for the six months ended in Jun. 2023 was $0.12 Mil. China Natural Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.75 Mil. Hence, China Natural Resources's Days Inventory for the six months ended in Jun. 2023 was 28.19.

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

CHNR' s Days Inventory Range Over the Past 10 Years
Min: 1.76   Med: 22.83   Max: 509.31
Current: 31.85

During the past 13 years, China Natural Resources's highest Days Inventory was 509.31. The lowest was 1.76. And the median was 22.83.

CHNR's Days Inventory is ranked better than
93.95% of 2907 companies
in the Industrial Products industry
Industry Median: 119.76 vs CHNR: 31.85

China Natural Resources's Days Inventory increased from Jun. 2022 (23.25) to Jun. 2023 (28.19). It might indicate that China Natural Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Natural Resources's Inventory Turnover for the six months ended in Jun. 2023 was 6.47.

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 Natural Resources's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.07.


China Natural Resources Days Inventory Historical Data

The historical data trend for China Natural Resources'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 Natural Resources Days Inventory Chart

China Natural Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.76 6.66 17.79 22.83

China Natural Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 21.12 15.82 23.25 31.64 28.19

Competitive Comparison of China Natural Resources's Days Inventory

For the Pollution & Treatment Controls subindustry, China Natural Resources'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 Natural Resources's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Natural Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Natural Resources's Days Inventory falls into.



China Natural Resources Days Inventory Calculation

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

China Natural Resources's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.155 + 0.105) / 2 ) / 2.078*365
=0.13 / 2.078*365
=22.83

China Natural Resources's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.105 + 0.127) / 2 ) / 0.751*365 / 2
=0.116 / 0.751*365 / 2
=28.19

* 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 Natural Resources  (NAS:CHNR) 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 Natural Resources's Inventory Turnover for the six months ended in Jun. 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.

China Natural Resources's Inventory to Revenue for the six months ended in Jun. 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.


China Natural Resources Days Inventory Related Terms

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


China Natural Resources (China Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 2205, 22nd Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
China Natural Resources Inc is an investment holding company. It principally engaged in the exploration and mining and wastewater treatment businesses in the People's Republic of China. The company has two operating segments: (i) Wastewater treatment segment, which consists of sales of assembled equipment, provision of construction service, and participation in PPP projects as an operator (ii) Exploration and mining segment, which consists of the exploration of lead, silver, and other metals in the Inner Mongolia Autonomous Region of the PRC and the trading of copper ores products. It earns the majority of its revenue from the Wastewater treatment segment.
Executives
Anka Capital Ltd 10 percent owner ROOM 2204 22F WEST TOWER SHUN TAK CENTRE, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Cheuk Ho Tam director, officer: CFO ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Wah On Wong director, officer: Secretary/Controller ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -
Kwan Sing Lam director
Sing Kin Ng director ROOM 2105 WEST TOWER, SHUN TAK CENTER, 200 CONNAUGHT ROAD C, HONG KONG K3 00000
Kin Cheung Lo director
Winsland Capital Ltd 10 percent owner
Lung Po Ching director, officer: CEO ROOM 2015 WEST TOWER SHUN TAK CENTRE, 168 CONNAUGHT ROAD CENTRAL, CENTRAL HONG KONG