Zhejiang Hangmin Co (SHSE:600987) Days Inventory : 117.16 (As of Mar. 2025)

View and export this data going back to 2004. Start your Free Trial

What is Zhejiang Hangmin Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Hangmin Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥2,954 Mil. Zhejiang Hangmin Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥2,301 Mil. Hence, Zhejiang Hangmin Co's Days Inventory for the three months ended in Mar. 2025 was 117.16.

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

SHSE:600987' s Days Inventory Range Over the Past 10 Years
Min: 30.09 Med: 64.67 Max: 111.43
Current: 108.85

During the past 13 years, Zhejiang Hangmin Co's highest Days Inventory was 111.43. The lowest was 30.09. And the median was 64.67.

SHSE:600987's Days Inventory is ranked better than
59.74% of 996 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.575 vs SHSE:600987: 108.85

Zhejiang Hangmin Co's Days Inventory increased from Mar. 2024 (83.64) to Mar. 2025 (117.16). It might indicate that Zhejiang Hangmin 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. Zhejiang Hangmin Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.78.

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. Zhejiang Hangmin Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.00.

Zhejiang Hangmin Co Days Inventory Historical Data

The historical data trend for Zhejiang Hangmin 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.

Zhejiang Hangmin Co Days Inventory Chart

Zhejiang Hangmin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

111.43

61.76

66.51

73.13

83.76

Zhejiang Hangmin 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															83.64	124.74	89.54	98.61	117.16

Competitive Comparison of Zhejiang Hangmin Co's Days Inventory

For the Textile Manufacturing subindustry, Zhejiang Hangmin 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.

Zhejiang Hangmin Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Hangmin Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Hangmin Co's Days Inventory falls into.

Save Embed

;

Save Embed

;

Zhejiang Hangmin Co Days Inventory Calculation

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

Zhejiang Hangmin 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
=	( (1796.745	+	2742.792)	/	2 )	/	9891.038	*	365
=	2269.7685					/	9891.038	*	365
=	83.76

Zhejiang Hangmin 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
=	( (2742.792	+	3165.866)	/	2 )	/	2301.068	*	365 / 4
=	2954.329					/	2301.068	*	365 / 4
=	117.16

Zhejiang Hangmin Co (SHSE:600987) 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.

Zhejiang Hangmin Co's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2301.068	/	2954.329
	=	0.78

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.

Zhejiang Hangmin Co's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2954.329	/	2948.972
	=	1.00

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.

Zhejiang Hangmin Co Days Inventory Related Terms

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

Zhejiang Hangmin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Hangmin Co Ltd (SHSE:600987) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241

Website

http://www.hmgf.com

Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.

Executives

Zhu Shun Kang

senior management

Zhejiang Hangmin Co Headlines

No Headlines