Shanghai Maling Aquarius Co (SHSE:600073) Days Inventory : 48.51 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Shanghai Maling Aquarius Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Maling Aquarius Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥2,913 Mil. Shanghai Maling Aquarius Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥5,479 Mil. Hence, Shanghai Maling Aquarius Co's Days Inventory for the three months ended in Dec. 2023 was 48.51.

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

SHSE:600073' s Days Inventory Range Over the Past 10 Years
Min: 33.37 Med: 46.86 Max: 53.84
Current: 53.42

During the past 13 years, Shanghai Maling Aquarius Co's highest Days Inventory was 53.84. The lowest was 33.37. And the median was 46.86.

SHSE:600073's Days Inventory is ranked better than
72.55% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs SHSE:600073: 53.42

Shanghai Maling Aquarius Co's Days Inventory increased from Dec. 2022 (39.34) to Dec. 2023 (48.51). It might indicate that Shanghai Maling Aquarius Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Maling Aquarius Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.88.

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. Shanghai Maling Aquarius Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.

Shanghai Maling Aquarius Co Days Inventory Historical Data

The historical data trend for Shanghai Maling Aquarius 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.

Shanghai Maling Aquarius Co Days Inventory Chart

Shanghai Maling Aquarius Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

45.76

50.84

52.98

51.58

53.84

Shanghai Maling Aquarius Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															39.34	51.79	54.06	59.80	48.51

Competitive Comparison of Shanghai Maling Aquarius Co's Days Inventory

For the Packaged Foods subindustry, Shanghai Maling Aquarius 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.

Shanghai Maling Aquarius Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Maling Aquarius Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Maling Aquarius Co's Days Inventory falls into.

Shanghai Maling Aquarius Co Days Inventory Calculation

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

Shanghai Maling Aquarius 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
=	( (2986.476	+	2992.974)	/	2 )	/	20267.419	*	365
=	2989.725					/	20267.419	*	365
=	53.84

Shanghai Maling Aquarius Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2832.187	+	2992.974)	/	2 )	/	5478.991	*	365 / 4
=	2912.5805					/	5478.991	*	365 / 4
=	48.51

Shanghai Maling Aquarius Co (SHSE:600073) 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.

Shanghai Maling Aquarius Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5478.991	/	2912.5805
	=	1.88

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.

Shanghai Maling Aquarius Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2912.5805	/	5919.984
	=	0.49

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.

Shanghai Maling Aquarius Co Days Inventory Related Terms

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

Shanghai Maling Aquarius Co (SHSE:600073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Maling Aquarius Co Ltd (SHSE:600073) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 400 Tongbei Road, Shanghai, Shanghai, CHN, 200082

Website

http://www.shanghaimaling.com

Shanghai Maling Aquarius Co Ltd engages in the manufacturing of food products primarily in China. It offers meat and meat products, canned products, snack foods, seasonings, aquatic products, fruits and vegetables, and cooked food. It also offers drinking water and beverages. The company offers its products under the Guanshengyuan, White Rabbit, Merlin, Bergamot, Hua Tuo, Masanori, SF, Eisen, and 96858 brand names.

Shanghai Maling Aquarius Co (SHSE:600073) Headlines

No Headlines