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Martian Kitchenware Co (SZSE:300894) Days Inventory : 105.81 (As of Mar. 2024)


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What is Martian Kitchenware Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Martian Kitchenware Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥220 Mil. Martian Kitchenware Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥189 Mil. Hence, Martian Kitchenware Co's Days Inventory for the three months ended in Mar. 2024 was 105.81.

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

SZSE:300894' s Days Inventory Range Over the Past 10 Years
Min: 64.77   Med: 77.15   Max: 124.37
Current: 77.89

During the past 10 years, Martian Kitchenware Co's highest Days Inventory was 124.37. The lowest was 64.77. And the median was 77.15.

SZSE:300894's Days Inventory is ranked better than
64.52% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs SZSE:300894: 77.89

Martian Kitchenware Co's Days Inventory declined from Mar. 2023 (108.23) to Mar. 2024 (105.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Martian Kitchenware Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.86.

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. Martian Kitchenware Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.


Martian Kitchenware Co Days Inventory Historical Data

The historical data trend for Martian Kitchenware 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.

Martian Kitchenware Co Days Inventory Chart

Martian Kitchenware 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 70.98 77.34 65.60 74.52 82.30

Martian Kitchenware 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 108.23 68.64 78.95 71.24 105.81

Competitive Comparison of Martian Kitchenware Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Martian Kitchenware 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.


Martian Kitchenware Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Martian Kitchenware Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Martian Kitchenware Co's Days Inventory falls into.



Martian Kitchenware Co Days Inventory Calculation

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

Martian Kitchenware 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
=( (272.587 + 232.688) / 2 ) / 1120.416*365
=252.6375 / 1120.416*365
=82.30

Martian Kitchenware 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
=( (232.688 + 206.352) / 2 ) / 189.321*365 / 4
=219.52 / 189.321*365 / 4
=105.81

* 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.


Martian Kitchenware Co  (SZSE:300894) 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.

Martian Kitchenware 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.

Martian Kitchenware 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.


Martian Kitchenware Co Days Inventory Related Terms

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


Martian Kitchenware Co (SZSE:300894) Business Description

Traded in Other Exchanges
N/A
Address
No. 366, Xincheng Road, Jianshan New District, Zhejiang Province, Haining, CHN, 314415
Marssenger Kitchen Unit Co Ltd is engaged in the research and development, design, production and sales of new kitchen appliances. The products offered by the company include integrated stove, dishwasher, sink, embedded appliances, kitchen cabinet and others.
Executives
Xu Wei Supervisors
Zhu Zheng Yao Director

Martian Kitchenware Co (SZSE:300894) Headlines

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