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China Railway Group (China Railway Group) Days Inventory : 61.67 (As of Dec. 2023)


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What is China Railway Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Railway Group's Average Total Inventories for the three months ended in Dec. 2023 was $31,453 Mil. China Railway Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $46,535 Mil. Hence, China Railway Group's Days Inventory for the three months ended in Dec. 2023 was 61.67.

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

CRWOY' s Days Inventory Range Over the Past 10 Years
Min: 68.68   Med: 99.42   Max: 160.69
Current: 71.7

During the past 13 years, China Railway Group's highest Days Inventory was 160.69. The lowest was 68.68. And the median was 99.42.

CRWOY's Days Inventory is ranked worse than
60.09% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs CRWOY: 71.70

China Railway Group's Days Inventory declined from Dec. 2022 (74.12) to Dec. 2023 (61.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Railway Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.48.

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 Railway Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


China Railway Group Days Inventory Historical Data

The historical data trend for China Railway Group'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 Railway Group Days Inventory Chart

China Railway Group 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 87.69 78.96 74.06 75.64 69.49

China Railway Group 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 74.12 79.23 72.78 80.27 61.67

Competitive Comparison of China Railway Group's Days Inventory

For the Engineering & Construction subindustry, China Railway Group'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 Railway Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Railway Group's Days Inventory falls into.



China Railway Group Days Inventory Calculation

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

China Railway Group'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
=( (29816.403 + 30721.924) / 2 ) / 158993.418*365
=30269.1635 / 158993.418*365
=69.49

China Railway Group'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
=( (32183.288 + 30721.924) / 2 ) / 46535.411*365 / 4
=31452.606 / 46535.411*365 / 4
=61.67

* 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 Railway Group  (OTCPK:CRWOY) 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 Railway Group'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.

China Railway Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=31452.606 / 53073.333
=0.59

* 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 Railway Group Days Inventory Related Terms

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


China Railway Group (China Railway Group) Business Description

Address
49 Hoi Yuen Road, Unit 1201-1203, 12th Floor, APEC Plaza, Kowloon, Hong Kong, HKG
China Railway Group Ltd is a construction conglomerate company. The company's operating segment includes Infrastructure construction; Survey, design and consulting services; Engineering equipment and component manufacturing; Property development, and Other businesses. It generates maximum revenue from the Infrastructure construction segment. The Infrastructure construction segment includes the construction of railways, highways, bridges, tunnels, metropolitan railways (including subways and light railways), buildings, irrigation works, hydroelectricity projects, ports, docks, airports, and other municipal works.

China Railway Group (China Railway Group) Headlines

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