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Jilin Yatai Group Co (SHSE:600881) Days Inventory

: 378.11 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Jilin Yatai Group Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥12,048 Mil. Jilin Yatai Group Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥2,908 Mil. Hence, Jilin Yatai Group Co's Days Inventory for the three months ended in Sep. 2023 was 378.11.

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

SHSE:600881' s Days Inventory Range Over the Past 10 Years
Min: 231.53   Med: 298.09   Max: 474.78
Current: 474.78

During the past 13 years, Jilin Yatai Group Co's highest Days Inventory was 474.78. The lowest was 231.53. And the median was 298.09.

SHSE:600881's Days Inventory is ranked worse than
93.78% of 450 companies
in the Conglomerates industry
Industry Median: 72.1 vs SHSE:600881: 474.78

Jilin Yatai Group Co's Days Inventory increased from Sep. 2022 (377.55) to Sep. 2023 (378.11). It might indicate that Jilin Yatai Group Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jilin Yatai Group Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.24.

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. Jilin Yatai Group Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 3.75.


Jilin Yatai Group Co Days Inventory Historical Data

The historical data trend for Jilin Yatai 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.

Jilin Yatai Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 325.63 294.28 231.53 248.40 375.67

Jilin Yatai Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 377.55 426.20 892.30 437.00 378.11

Competitive Comparison

For the Conglomerates subindustry, Jilin Yatai 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.


Jilin Yatai Group Co Days Inventory Distribution

For the Conglomerates industry and Industrials sector, Jilin Yatai Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jilin Yatai Group Co's Days Inventory falls into.



Jilin Yatai Group Co Days Inventory Calculation

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

Jilin Yatai Group Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (11285.845 + 12127.657) / 2 ) / 11374.263*365
=11706.751 / 11374.263*365
=375.67

Jilin Yatai 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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (12371.781 + 11724.708) / 2 ) / 2907.627*365 / 4
=12048.2445 / 2907.627*365 / 4
=378.11

* 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.


Jilin Yatai Group Co  (SHSE:600881) 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.

Jilin Yatai Group Co's Inventory Turnover for the three 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.

Jilin Yatai Group Co's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=12048.2445 / 3213.495
=3.75

* 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.


Jilin Yatai Group Co Days Inventory Related Terms

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


Jilin Yatai Group Co (SHSE:600881) Business Description

Traded in Other Exchanges
N/A
Address
No.1801, Jilin Road, Changchun City, Jilin, CHN, 130031
Jilin Yatai Group Co Ltd is a conglomerate company with multiple lines of business including real estate, building materials, coal, Pharma and Financial investment. Building material integrates deep processing of building materials products, ready-mixed concrete manufacturing, limestone, and sand aggregate mining, clinker production. The financial investment includes securities, banking, funds, and futures, realizing the mutual integration of industrial capital and financial capital and complementary advantages. It also provides residential industrial design, secondary real estate development, construction, decoration, environmental engineering, property services, and heating services, leisure shopping, tourism and holiday, catering and entertainment, and fitness.

Jilin Yatai Group Co (SHSE:600881) Headlines

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