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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Days Inventory : 34.69 (As of Mar. 2025)


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What is Changjiang & Jinggong Steel Building (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Changjiang & Jinggong Steel Building (Group) Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥1,664 Mil. Changjiang & Jinggong Steel Building (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥4,378 Mil. Hence, Changjiang & Jinggong Steel Building (Group) Co's Days Inventory for the three months ended in Mar. 2025 was 34.69.

The historical rank and industry rank for Changjiang & Jinggong Steel Building (Group) Co's Days Inventory or its related term are showing as below:

SHSE:600496' s Days Inventory Range Over the Past 10 Years
Min: 34.06   Med: 81.98   Max: 312.25
Current: 35.14

During the past 13 years, Changjiang & Jinggong Steel Building (Group) Co's highest Days Inventory was 312.25. The lowest was 34.06. And the median was 81.98.

SHSE:600496's Days Inventory is ranked better than
57.98% of 1466 companies
in the Construction industry
Industry Median: 50.495 vs SHSE:600496: 35.14

Changjiang & Jinggong Steel Building (Group) Co's Days Inventory declined from Mar. 2024 (47.75) to Mar. 2025 (34.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Changjiang & Jinggong Steel Building (Group) Co's Inventory Turnover for the three months ended in Mar. 2025 was 2.63.

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. Changjiang & Jinggong Steel Building (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.35.


Changjiang & Jinggong Steel Building (Group) Co Days Inventory Historical Data

The historical data trend for Changjiang & Jinggong Steel Building (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.

Changjiang & Jinggong Steel Building (Group) Co Days Inventory Chart

Changjiang & Jinggong Steel Building (Group) 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 36.58 34.06 36.31 35.05 34.12

Changjiang & Jinggong Steel Building (Group) 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 47.75 42.74 40.32 26.28 34.69

Competitive Comparison of Changjiang & Jinggong Steel Building (Group) Co's Days Inventory

For the Engineering & Construction subindustry, Changjiang & Jinggong Steel Building (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.


Changjiang & Jinggong Steel Building (Group) Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changjiang & Jinggong Steel Building (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Changjiang & Jinggong Steel Building (Group) Co's Days Inventory falls into.


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Changjiang & Jinggong Steel Building (Group) Co Days Inventory Calculation

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

Changjiang & Jinggong Steel Building (Group) 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
=( (1431.106 + 1588.493) / 2 ) / 16150.757*365
=1509.7995 / 16150.757*365
=34.12

Changjiang & Jinggong Steel Building (Group) 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
=( (1588.493 + 1740.458) / 2 ) / 4377.963*365 / 4
=1664.4755 / 4377.963*365 / 4
=34.69

* 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.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.

Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co Days Inventory Related Terms

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


Changjiang & Jinggong Steel Building (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
Executives
Fang Chao Yang Director
Zhang Xiao Ying senior management
Shen Yue Hua senior management
Qiu Jian Hua senior management
Chen Shui Fu senior management
Chen Guo Dong senior management
Sun Guan Fu Director
Yan Hong Director
Qian Wei Jun Director
Lou Bao Liang senior management

Changjiang & Jinggong Steel Building (Group) Co Headlines

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