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Shenzhen China Bicycle Co Holding (Shenzhen China Bicycle Co Holding) Days Inventory : 63.42 (As of Mar. 2024)


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What is Shenzhen China Bicycle Co Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen China Bicycle Co Holding's Average Total Inventories for the three months ended in Mar. 2024 was $10.29 Mil. Shenzhen China Bicycle Co Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $14.80 Mil. Hence, Shenzhen China Bicycle Co Holding's Days Inventory for the three months ended in Mar. 2024 was 63.42.

The historical rank and industry rank for Shenzhen China Bicycle Co Holding's Days Inventory or its related term are showing as below:

SZHNF' s Days Inventory Range Over the Past 10 Years
Min: 8.67   Med: 15.41   Max: 110.36
Current: 110.36

During the past 13 years, Shenzhen China Bicycle Co Holding's highest Days Inventory was 110.36. The lowest was 8.67. And the median was 15.41.

SZHNF's Days Inventory is ranked worse than
72.13% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SZHNF: 110.36

Shenzhen China Bicycle Co Holding's Days Inventory declined from Mar. 2023 (65.54) to Mar. 2024 (63.42).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen China Bicycle Co Holding's Inventory Turnover for the three months ended in Mar. 2024 was 1.44.

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. Shenzhen China Bicycle Co Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Shenzhen China Bicycle Co Holding Days Inventory Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding'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.

Shenzhen China Bicycle Co Holding Days Inventory Chart

Shenzhen China Bicycle Co Holding 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 22.63 23.69 18.87 25.06 45.07

Shenzhen China Bicycle Co Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.54 119.57 392.36 74.60 63.42

Competitive Comparison of Shenzhen China Bicycle Co Holding's Days Inventory

For the Leisure subindustry, Shenzhen China Bicycle Co Holding'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.


Shenzhen China Bicycle Co Holding's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen China Bicycle Co Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen China Bicycle Co Holding's Days Inventory falls into.



Shenzhen China Bicycle Co Holding Days Inventory Calculation

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

Shenzhen China Bicycle Co Holding'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
=( (6.915 + 11.473) / 2 ) / 74.452*365
=9.194 / 74.452*365
=45.07

Shenzhen China Bicycle Co Holding's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (11.473 + 9.101) / 2 ) / 14.8*365 / 4
=10.287 / 14.8*365 / 4
=63.42

* 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.


Shenzhen China Bicycle Co Holding  (GREY:SZHNF) 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.

Shenzhen China Bicycle Co Holding's Inventory Turnover for the three months ended in Mar. 2024 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.

Shenzhen China Bicycle Co Holding's Inventory to Revenue for the three months ended in Mar. 2024 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.


Shenzhen China Bicycle Co Holding Days Inventory Related Terms

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


Shenzhen China Bicycle Co Holding (Shenzhen China Bicycle Co Holding) Business Description

Traded in Other Exchanges
Address
No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029
Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.

Shenzhen China Bicycle Co Holding (Shenzhen China Bicycle Co Holding) Headlines

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