GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hangxiao Steel Structure Co Ltd (SHSE:600477) » Definitions » Days Inventory

Hangxiao Steel Structure Co (SHSE:600477) Days Inventory : 42.16 (As of Mar. 2025)


View and export this data going back to 2003. Start your Free Trial

What is Hangxiao Steel Structure Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangxiao Steel Structure Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥639 Mil. Hangxiao Steel Structure Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥1,384 Mil. Hence, Hangxiao Steel Structure Co's Days Inventory for the three months ended in Mar. 2025 was 42.16.

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

SHSE:600477' s Days Inventory Range Over the Past 10 Years
Min: 30.29   Med: 102.84   Max: 464.35
Current: 37.58

During the past 13 years, Hangxiao Steel Structure Co's highest Days Inventory was 464.35. The lowest was 30.29. And the median was 102.84.

SHSE:600477's Days Inventory is ranked better than
86.35% of 586 companies
in the Steel industry
Industry Median: 89.68 vs SHSE:600477: 37.58

Hangxiao Steel Structure Co's Days Inventory declined from Mar. 2024 (46.04) to Mar. 2025 (42.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangxiao Steel Structure Co's Inventory Turnover for the three months ended in Mar. 2025 was 2.16.

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. Hangxiao Steel Structure Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.39.


Hangxiao Steel Structure Co Days Inventory Historical Data

The historical data trend for Hangxiao Steel Structure 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.

Hangxiao Steel Structure Co Days Inventory Chart

Hangxiao Steel Structure Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.93 33.79 35.99 30.29 36.90

Hangxiao Steel Structure Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 46.04 25.53 71.06 33.48 42.16

Competitive Comparison of Hangxiao Steel Structure Co's Days Inventory

For the Steel subindustry, Hangxiao Steel Structure 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.


Hangxiao Steel Structure Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hangxiao Steel Structure Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangxiao Steel Structure Co's Days Inventory falls into.


;
;

Hangxiao Steel Structure Co Days Inventory Calculation

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

Hangxiao Steel Structure Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (711.727 + 640.861) / 2 ) / 6689.491*365
=676.294 / 6689.491*365
=36.90

Hangxiao Steel Structure Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (640.861 + 638.032) / 2 ) / 1384.09*365 / 4
=639.4465 / 1384.09*365 / 4
=42.16

* 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.


Hangxiao Steel Structure Co  (SHSE:600477) 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.

Hangxiao Steel Structure Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Hangxiao Steel Structure Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Hangxiao Steel Structure Co Days Inventory Related Terms

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


Hangxiao Steel Structure Co Business Description

Traded in Other Exchanges
N/A
Address
Middle Zhonghe Road, Floor 3,5,7, Ruifeng Building, No. 258, Hangzhou, Zhejiang, CHN, 310003
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
Executives
Dan Ji Hua senior management
Wang Ai Min senior management
Dan Yin Mu Director
Xu Qiong senior management
Zhang Zhen Yong Director
Guo Li Xiang senior management
Zhou Bin senior management
Lu Yong Jun Directors, senior managers
Ying Ying Supervisors
Cai Lu Lu senior management
Chen Rui senior management
Zhao Chong Fu Supervisors
Zhou Zi Fan senior management

Hangxiao Steel Structure Co Headlines

No Headlines