Days Inventory is also known as Days Sales of Inventory (DSI). Nine Dragons Paper (Holdings)'s Average Total Inventories for the
six
months ended in Dec. 2023 was $1,277 Mil. Nine Dragons Paper (Holdings)'s Cost of Goods Sold for the
six
months ended in Dec. 2023 was $3,908 Mil.
Hence, Nine Dragons Paper (Holdings)'s Days Inventory for the
six
months ended in Dec. 2023 was 59.65.
The historical rank and industry rank for Nine Dragons Paper (Holdings)'s Days Inventory or its related term are showing as below:
NDGPY'
s Days Inventory Range Over the Past 10 Years
Min: 47.44 Med: 57.54 Max: 72.39
Current: 65.04
During the past 13 years, Nine Dragons Paper (Holdings)'s highest Days Inventory was 72.39. The lowest was 47.44. And the median was 57.54.
NDGPY's Days Inventory is ranked better than 70.14% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs NDGPY: 65.04
Nine Dragons Paper (Holdings)'s Days Inventory
declined
from Dec. 2022 (66.76) to Dec. 2023 (59.65).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nine Dragons Paper (Holdings)'s Inventory Turnover for the
six
months ended in Dec. 2023 was 3.06.
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.
Nine Dragons Paper (Holdings)'s Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.30.
Nine Dragons Paper (Holdings) Days Inventory Historical Data
The historical data trend for Nine Dragons Paper (Holdings)'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.
For the Paper & Paper Products subindustry, Nine Dragons Paper (Holdings)'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.
Nine Dragons Paper (Holdings) Days Inventory Distribution
For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where Nine Dragons Paper (Holdings)'s Days Inventory falls into.
Nine Dragons Paper (Holdings) Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nine Dragons Paper (Holdings)'s Days Inventory for the fiscal year that 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.
Nine Dragons Paper (Holdings) (OTCPK:NDGPY) 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.
Nine Dragons Paper (Holdings)'s Inventory Turnover for the
six
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.
Nine Dragons Paper (Holdings)'s Inventory to Revenue for the
six
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.
Nine Dragons Paper (Holdings) Days Inventory Related Terms
Thank you for viewing the detailed overview of Nine Dragons Paper (Holdings)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.
Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines
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