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China Dongxiang (Group) Co (China Dongxiang (Group) Co) Days Inventory

: 272.09 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). China Dongxiang (Group) Co's Average Total Inventories for the six months ended in Sep. 2023 was $48.9 Mil. China Dongxiang (Group) Co's Cost of Goods Sold for the six months ended in Sep. 2023 was $32.8 Mil. Hence, China Dongxiang (Group) Co's Days Inventory for the six months ended in Sep. 2023 was 272.09.

The historical rank and industry rank for China Dongxiang (Group) Co's Days Inventory or its related term are showing as below:

CDGXF' s Days Inventory Range Over the Past 10 Years
Min: 123.11   Med: 173.86   Max: 321.72
Current: 246.51

During the past 13 years, China Dongxiang (Group) Co's highest Days Inventory was 321.72. The lowest was 123.11. And the median was 173.86.

CDGXF's Days Inventory is ranked worse than
81.64% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs CDGXF: 246.51

China Dongxiang (Group) Co's Days Inventory declined from Sep. 2022 (277.40) to Sep. 2023 (272.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Dongxiang (Group) Co's Inventory Turnover for the six months ended in Sep. 2023 was 0.67.

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. China Dongxiang (Group) Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.46.


China Dongxiang (Group) Co Days Inventory Historical Data

The historical data trend for China Dongxiang (Group) 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.

China Dongxiang (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 319.95 222.68 174.47 228.00

China Dongxiang (Group) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 270.50 168.60 277.40 218.60 272.09

Competitive Comparison

For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.


China Dongxiang (Group) Co Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's Days Inventory falls into.



China Dongxiang (Group) Co Days Inventory Calculation

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

China Dongxiang (Group) Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (62.809 + 48.756) / 2 ) / 89.302*365
=55.7825 / 89.302*365
=228.00

China Dongxiang (Group) Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (48.756 + 49.122) / 2 ) / 32.825*365 / 2
=48.939 / 32.825*365 / 2
=272.09

* 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.


China Dongxiang (Group) Co  (OTCPK:CDGXF) 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.

China Dongxiang (Group) Co's Inventory Turnover for the six months ended in Sep. 2023 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.

China Dongxiang (Group) Co's Inventory to Revenue for the six months ended in Sep. 2023 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.


China Dongxiang (Group) Co Days Inventory Related Terms

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


China Dongxiang (Group) Co (China Dongxiang (Group) Co) Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Headlines

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