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Sanjiang Shopping Club Co (SHSE:601116) Days Inventory : 34.65 (As of Sep. 2023)


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What is Sanjiang Shopping Club Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanjiang Shopping Club Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥267 Mil. Sanjiang Shopping Club Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥703 Mil. Hence, Sanjiang Shopping Club Co's Days Inventory for the three months ended in Sep. 2023 was 34.65.

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

SHSE:601116' s Days Inventory Range Over the Past 10 Years
Min: 36.28   Med: 46.19   Max: 56.59
Current: 40.19

During the past 13 years, Sanjiang Shopping Club Co's highest Days Inventory was 56.59. The lowest was 36.28. And the median was 46.19.

SHSE:601116's Days Inventory is ranked worse than
54.79% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs SHSE:601116: 40.19

Sanjiang Shopping Club Co's Days Inventory declined from Sep. 2022 (37.77) to Sep. 2023 (34.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanjiang Shopping Club Co's Inventory Turnover for the three months ended in Sep. 2023 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. Sanjiang Shopping Club Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.28.


Sanjiang Shopping Club Co Days Inventory Historical Data

The historical data trend for Sanjiang Shopping Club 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.

Sanjiang Shopping Club Co Days Inventory Chart

Sanjiang Shopping Club Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.28 46.31 44.12 46.06 46.87

Sanjiang Shopping Club 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 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 37.77 48.16 39.41 40.37 34.65

Competitive Comparison of Sanjiang Shopping Club Co's Days Inventory

For the Grocery Stores subindustry, Sanjiang Shopping Club 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.


Sanjiang Shopping Club Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sanjiang Shopping Club Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sanjiang Shopping Club Co's Days Inventory falls into.



Sanjiang Shopping Club Co Days Inventory Calculation

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

Sanjiang Shopping Club 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
=( (382.267 + 364.341) / 2 ) / 2906.953*365
=373.304 / 2906.953*365
=46.87

Sanjiang Shopping Club 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
=( (259.705 + 274.47) / 2 ) / 703.414*365 / 4
=267.0875 / 703.414*365 / 4
=34.65

* 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.


Sanjiang Shopping Club Co  (SHSE:601116) 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.

Sanjiang Shopping Club 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.

Sanjiang Shopping Club Co's Inventory to Revenue for the three months ended in Sep. 2023 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.


Sanjiang Shopping Club Co Days Inventory Related Terms

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Sanjiang Shopping Club Co (SHSE:601116) Business Description

Traded in Other Exchanges
N/A
Address
Number 197, North Section of Huancheng West Road, Haishu District, Ningbo, CHN, 315000
Sanjiang Shopping Club Co Ltd operates a supermarket chain in Zhejiang Province.

Sanjiang Shopping Club Co (SHSE:601116) Headlines

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