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Want Want China Holdings (Want Want China Holdings) Days Inventory : 89.71 (As of Sep. 2023)


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What is Want Want China Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Want Want China Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $416 Mil. Want Want China Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $846 Mil. Hence, Want Want China Holdings's Days Inventory for the six months ended in Sep. 2023 was 89.71.

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

WWNTY' s Days Inventory Range Over the Past 10 Years
Min: 78.2   Med: 92.14   Max: 108.58
Current: 87.66

During the past 13 years, Want Want China Holdings's highest Days Inventory was 108.58. The lowest was 78.20. And the median was 92.14.

WWNTY's Days Inventory is ranked worse than
52.99% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs WWNTY: 87.66

Want Want China Holdings's Days Inventory declined from Sep. 2022 (101.58) to Sep. 2023 (89.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Want Want China Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 2.03.

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. Want Want China Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.27.


Want Want China Holdings Days Inventory Historical Data

The historical data trend for Want Want China 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.

* Premium members only.

Want Want China Holdings Days Inventory Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.57 91.67 81.31 78.45 94.34

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 79.74 75.83 101.58 87.75 89.71

Competitive Comparison of Want Want China Holdings's Days Inventory

For the Packaged Foods subindustry, Want Want China 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.


Want Want China Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Want Want China Holdings's Days Inventory falls into.



Want Want China Holdings Days Inventory Calculation

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

Want Want China Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (508.493 + 455.979) / 2 ) / 1865.821*365
=482.236 / 1865.821*365
=94.34

Want Want China Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (455.979 + 375.765) / 2 ) / 846.014*365 / 2
=415.872 / 846.014*365 / 2
=89.71

* 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.


Want Want China Holdings  (OTCPK:WWNTY) 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.

Want Want China Holdings's Inventory Turnover for the six months ended in Sep. 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.

Want Want China Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Want Want China Holdings Days Inventory Related Terms

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Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings (Want Want China Holdings) Headlines