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Sichuan Chuanhuan Technology Co (SZSE:300547) Days Inventory : 114.66 (As of Mar. 2024)


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What is Sichuan Chuanhuan Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Chuanhuan Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥280 Mil. Sichuan Chuanhuan Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥223 Mil. Hence, Sichuan Chuanhuan Technology Co's Days Inventory for the three months ended in Mar. 2024 was 114.66.

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

SZSE:300547' s Days Inventory Range Over the Past 10 Years
Min: 113.46   Med: 139.86   Max: 161.84
Current: 113.46

During the past 13 years, Sichuan Chuanhuan Technology Co's highest Days Inventory was 161.84. The lowest was 113.46. And the median was 139.86.

SZSE:300547's Days Inventory is ranked worse than
70.8% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 80.93 vs SZSE:300547: 113.46

Sichuan Chuanhuan Technology Co's Days Inventory declined from Mar. 2023 (172.16) to Mar. 2024 (114.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Chuanhuan Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.80.

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. Sichuan Chuanhuan Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.94.


Sichuan Chuanhuan Technology Co Days Inventory Historical Data

The historical data trend for Sichuan Chuanhuan Technology 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.

Sichuan Chuanhuan Technology Co Days Inventory Chart

Sichuan Chuanhuan Technology 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 161.84 147.73 130.44 135.74 128.53

Sichuan Chuanhuan Technology 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 172.16 135.64 112.54 93.49 114.66

Competitive Comparison of Sichuan Chuanhuan Technology Co's Days Inventory

For the Auto Parts subindustry, Sichuan Chuanhuan Technology 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.


Sichuan Chuanhuan Technology Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sichuan Chuanhuan Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Chuanhuan Technology Co's Days Inventory falls into.



Sichuan Chuanhuan Technology Co Days Inventory Calculation

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

Sichuan Chuanhuan Technology 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
=( (300.869 + 278.581) / 2 ) / 822.754*365
=289.725 / 822.754*365
=128.53

Sichuan Chuanhuan Technology 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
=( (278.581 + 282.227) / 2 ) / 223.163*365 / 4
=280.404 / 223.163*365 / 4
=114.66

* 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.


Sichuan Chuanhuan Technology Co  (SZSE:300547) 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.

Sichuan Chuanhuan Technology 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.

Sichuan Chuanhuan Technology 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.


Sichuan Chuanhuan Technology Co Days Inventory Related Terms

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


Sichuan Chuanhuan Technology Co (SZSE:300547) Business Description

Traded in Other Exchanges
N/A
Address
Dongliu Industrial Park, Dazhou County, Sichuan Province, Dazhou, CHN
Sichuan Chuanhuan Technology Co Ltd engages in the development, manufacture, and sale of automotive rubber hose products. It specializes in fuel system and cooling system hoses. The company's products include oil tubing, brake pipe tubing, power steering tube, turbocharger piping, body attachment system, automotive air conditioner tube, and nylon tube series. It offers rubber molded products, silicon fluorine rubber hose, and injection molded plastic parts.
Executives
Wen Qi Chao Director
Wang Ji Sheng Director
Zhu Jun Shi Executives
Wang Quan Hui Supervisors
Wen Jian Shu Director
Wen Yong Executives
Tang Xing Jian Executives
Mao Bo Hai Directors, executives
Zou Yong Executives
Zhang Fu Hou Secretary, Director
Jiang Qing Chun Directors, executives
Wen Mo Tong Director

Sichuan Chuanhuan Technology Co (SZSE:300547) Headlines

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