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Winall Hi-tech Seed Co (SZSE:300087) Days Inventory : 374.46 (As of Mar. 2024)


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What is Winall Hi-tech Seed Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winall Hi-tech Seed Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,216 Mil. Winall Hi-tech Seed Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥540 Mil. Hence, Winall Hi-tech Seed Co's Days Inventory for the three months ended in Mar. 2024 was 374.46.

The historical rank and industry rank for Winall Hi-tech Seed Co's Days Inventory or its related term are showing as below:

SZSE:300087' s Days Inventory Range Over the Past 10 Years
Min: 183.42   Med: 293.91   Max: 438.61
Current: 199.78

During the past 13 years, Winall Hi-tech Seed Co's highest Days Inventory was 438.61. The lowest was 183.42. And the median was 293.91.

SZSE:300087's Days Inventory is ranked worse than
86.56% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.22 vs SZSE:300087: 199.78

Winall Hi-tech Seed Co's Days Inventory increased from Mar. 2023 (261.75) to Mar. 2024 (374.46). It might indicate that Winall Hi-tech Seed Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Winall Hi-tech Seed Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Winall Hi-tech Seed Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.29.


Winall Hi-tech Seed Co Days Inventory Historical Data

The historical data trend for Winall Hi-tech Seed 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.

Winall Hi-tech Seed Co Days Inventory Chart

Winall Hi-tech Seed 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 324.50 247.90 192.76 183.42 238.75

Winall Hi-tech Seed 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 261.75 318.86 324.29 100.59 374.46

Competitive Comparison of Winall Hi-tech Seed Co's Days Inventory

For the Farm Products subindustry, Winall Hi-tech Seed 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.


Winall Hi-tech Seed Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Winall Hi-tech Seed Co's Days Inventory falls into.



Winall Hi-tech Seed Co Days Inventory Calculation

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

Winall Hi-tech Seed 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
=( (1564.971 + 2358.192) / 2 ) / 2998.872*365
=1961.5815 / 2998.872*365
=238.75

Winall Hi-tech Seed 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
=( (2358.192 + 2074.532) / 2 ) / 540.091*365 / 4
=2216.362 / 540.091*365 / 4
=374.46

* 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.


Winall Hi-tech Seed Co  (SZSE:300087) 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.

Winall Hi-tech Seed 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.

Winall Hi-tech Seed 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.


Winall Hi-tech Seed Co Days Inventory Related Terms

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


Winall Hi-tech Seed Co (SZSE:300087) Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.

Winall Hi-tech Seed Co (SZSE:300087) Headlines

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