GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhongzheng International Co Ltd (FRA:FRZS) » Definitions » Days Inventory

Zhongzheng International Co (FRA:FRZS) Days Inventory : 2,951.93 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Zhongzheng International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhongzheng International Co's Average Total Inventories for the six months ended in Dec. 2023 was €148.63 Mil. Zhongzheng International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €9.19 Mil. Hence, Zhongzheng International Co's Days Inventory for the six months ended in Dec. 2023 was 2,951.93.

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

FRA:FRZS' s Days Inventory Range Over the Past 10 Years
Min: 66.07   Med: 96.63   Max: 5891.42
Current: 5891.42

During the past 13 years, Zhongzheng International Co's highest Days Inventory was 5891.42. The lowest was 66.07. And the median was 96.63.

FRA:FRZS's Days Inventory is ranked worse than
99.66% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs FRA:FRZS: 5891.42

Zhongzheng International Co's Days Inventory increased from Dec. 2021 (2,570.85) to Dec. 2023 (2,951.93). It might indicate that Zhongzheng International Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongzheng International Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.06.

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. Zhongzheng International Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 15.06.


Zhongzheng International Co Days Inventory Historical Data

The historical data trend for Zhongzheng International 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.

Zhongzheng International Co Days Inventory Chart

Zhongzheng International Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.17 104.10 2,675.59 2,705.08 440.62

Zhongzheng International Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23 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 4,782.84 7,731.32 2,570.85 - 2,951.93

Competitive Comparison of Zhongzheng International Co's Days Inventory

For the Household & Personal Products subindustry, Zhongzheng International 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.


Zhongzheng International Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhongzheng International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhongzheng International Co's Days Inventory falls into.



Zhongzheng International Co Days Inventory Calculation

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

Zhongzheng International Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2.163 + 174.004) / 2 ) / 72.966*365
=88.0835 / 72.966*365
=440.62

Zhongzheng International 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (174.004 + 123.259) / 2 ) / 9.189*365 / 2
=148.6315 / 9.189*365 / 2
=2,951.93

* 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.


Zhongzheng International Co  (FRA:FRZS) 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.

Zhongzheng International Co'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.

Zhongzheng International Co'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.


Zhongzheng International Co Days Inventory Related Terms

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


Zhongzheng International Co (FRA:FRZS) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, Bank of East Asia Harbour View Centre, Room 1005, Wanchai, Hong Kong, HKG
Zhongzheng International Co Ltd is an investment holding company. The company's segment includes Property development; Primary land development; Money lending business; Coal mining business and Healthcare and household business. It generates maximum revenue from the Healthcare and household business segments. Geographically, it derives a majority of its revenue from The People's Republic of China.

Zhongzheng International Co (FRA:FRZS) Headlines

No Headlines