Dencare (Chongqing) Oral Care Co (SZSE:001328) Days Inventory : 99.10 (As of Mar. 2024)

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What is Dencare (Chongqing) Oral Care Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dencare (Chongqing) Oral Care Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥202 Mil. Dencare (Chongqing) Oral Care Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥186 Mil. Hence, Dencare (Chongqing) Oral Care Co's Days Inventory for the three months ended in Mar. 2024 was 99.10.

The historical rank and industry rank for Dencare (Chongqing) Oral Care Co's Days Inventory or its related term are showing as below:

SZSE:001328' s Days Inventory Range Over the Past 10 Years
Min: 83.78 Med: 84.65 Max: 95.79
Current: 95.79

During the past 5 years, Dencare (Chongqing) Oral Care Co's highest Days Inventory was 95.79. The lowest was 83.78. And the median was 84.65.

SZSE:001328's Days Inventory is ranked worse than
58.04% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs SZSE:001328: 95.79

Dencare (Chongqing) Oral Care Co's Days Inventory increased from Mar. 2023 (93.30) to Mar. 2024 (99.10). It might indicate that Dencare (Chongqing) Oral Care Co's sales slowed down.

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. Dencare (Chongqing) Oral Care Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.92.

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. Dencare (Chongqing) Oral Care Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.56.

Dencare (Chongqing) Oral Care Co Days Inventory Historical Data

The historical data trend for Dencare (Chongqing) Oral Care 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.

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Dencare (Chongqing) Oral Care Co Days Inventory Chart

Dencare (Chongqing) Oral Care Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

93.24

84.40

83.78

84.65

91.67

Dencare (Chongqing) Oral Care Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial							93.30	102.69	92.40	82.25	99.10

Competitive Comparison of Dencare (Chongqing) Oral Care Co's Days Inventory

For the Household & Personal Products subindustry, Dencare (Chongqing) Oral Care 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.

Dencare (Chongqing) Oral Care Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dencare (Chongqing) Oral Care Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dencare (Chongqing) Oral Care Co's Days Inventory falls into.

Dencare (Chongqing) Oral Care Co Days Inventory Calculation

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

Dencare (Chongqing) Oral Care Co'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
=	( (197.079	+	189.184)	/	2 )	/	768.959	*	365
=	193.1315					/	768.959	*	365
=	91.67

Dencare (Chongqing) Oral Care Co'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
=	( (189.184	+	214.685)	/	2 )	/	185.935	*	365 / 4
=	201.9345					/	185.935	*	365 / 4
=	99.10

Dencare (Chongqing) Oral Care Co (SZSE:001328) 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.

Dencare (Chongqing) Oral Care Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.935	/	201.9345
	=	0.92

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.

Dencare (Chongqing) Oral Care Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	201.9345	/	360.558
	=	0.56

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.

Dencare (Chongqing) Oral Care Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Dencare (Chongqing) Oral Care Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Dencare (Chongqing) Oral Care Co (SZSE:001328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dencare (Chongqing) Oral Care Co Ltd (SZSE:001328) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 389, Haier Road, Jiangbei District, Chongqing, CHN, 400025

Website

https://www.dencare.com.cn

Dencare (Chongqing) Oral Care Co Ltd is engaged in the research and development, production and sales of oral care products. The main products cover oral hygiene care products such as toothpaste, toothbrush, mouthwash, electric toothbrush, dental flosser and others.

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