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Guangzhou Seagull Kitchen And Bath Products Co (SZSE:002084) Days Inventory : 123.17 (As of Mar. 2024)


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What is Guangzhou Seagull Kitchen And Bath Products Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangzhou Seagull Kitchen And Bath Products Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥771 Mil. Guangzhou Seagull Kitchen And Bath Products Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥571 Mil. Hence, Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory for the three months ended in Mar. 2024 was 123.17.

The historical rank and industry rank for Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory or its related term are showing as below:

SZSE:002084' s Days Inventory Range Over the Past 10 Years
Min: 82.31   Med: 105.38   Max: 132.08
Current: 120.41

During the past 13 years, Guangzhou Seagull Kitchen And Bath Products Co's highest Days Inventory was 132.08. The lowest was 82.31. And the median was 105.38.

SZSE:002084's Days Inventory is ranked worse than
61.04% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.79 vs SZSE:002084: 120.41

Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory declined from Mar. 2023 (166.78) to Mar. 2024 (123.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Seagull Kitchen And Bath Products Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Guangzhou Seagull Kitchen And Bath Products Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.14.


Guangzhou Seagull Kitchen And Bath Products Co Days Inventory Historical Data

The historical data trend for Guangzhou Seagull Kitchen And Bath Products 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.

Guangzhou Seagull Kitchen And Bath Products Co Days Inventory Chart

Guangzhou Seagull Kitchen And Bath Products Co 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 91.51 108.83 109.42 132.08 128.13

Guangzhou Seagull Kitchen And Bath Products Co 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 166.78 122.34 122.64 114.91 123.17

Competitive Comparison of Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Guangzhou Seagull Kitchen And Bath Products 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.


Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory falls into.



Guangzhou Seagull Kitchen And Bath Products Co Days Inventory Calculation

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

Guangzhou Seagull Kitchen And Bath Products 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
=( (919.219 + 786.572) / 2 ) / 2429.644*365
=852.8955 / 2429.644*365
=128.13

Guangzhou Seagull Kitchen And Bath Products 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
=( (786.572 + 754.53) / 2 ) / 570.88*365 / 4
=770.551 / 570.88*365 / 4
=123.17

* 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.


Guangzhou Seagull Kitchen And Bath Products Co  (SZSE:002084) 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.

Guangzhou Seagull Kitchen And Bath Products Co'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.

Guangzhou Seagull Kitchen And Bath Products Co'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.


Guangzhou Seagull Kitchen And Bath Products Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Guangzhou Seagull Kitchen And Bath Products Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangzhou Seagull Kitchen And Bath Products Co (SZSE:002084) Business Description

Traded in Other Exchanges
N/A
Address
No. 363, Lushan West Road, Shatou Street, Panyu District, Guangdong, Guangzhou, CHN, 511400
Guangzhou Seagull Kitchen And Bath Products Co Ltd is engaged in the design and manufacturing service of high end kitchen and bah plumbing products, faucets, pop ups, temperature control valves, floor heating systems, bathtubs, shower rooms, ceramic sanitary, and smart homes systems.
Executives
Su Hong Lin Securities Affairs Representative
Ye Xuan Directors, executives
Gao Da Yong Directors, executives

Guangzhou Seagull Kitchen And Bath Products Co (SZSE:002084) Headlines

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