China Railway Construction (SHSE:601186) Days Inventory : 102.65 (As of Dec. 2023)

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What is China Railway Construction Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Railway Construction's Average Total Inventories for the three months ended in Dec. 2023 was ¥322,996 Mil. China Railway Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥287,135 Mil. Hence, China Railway Construction's Days Inventory for the three months ended in Dec. 2023 was 102.65.

The historical rank and industry rank for China Railway Construction's Days Inventory or its related term are showing as below:

SHSE:601186' s Days Inventory Range Over the Past 10 Years
Min: 82.32 Med: 107.99 Max: 163.33
Current: 112.56

During the past 13 years, China Railway Construction's highest Days Inventory was 163.33. The lowest was 82.32. And the median was 107.99.

SHSE:601186's Days Inventory is ranked worse than
73.8% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs SHSE:601186: 112.56

China Railway Construction's Days Inventory declined from Dec. 2022 (109.21) to Dec. 2023 (102.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Railway Construction's Inventory Turnover for the three months ended in Dec. 2023 was 0.89.

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. China Railway Construction's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.97.

China Railway Construction Days Inventory Historical Data

The historical data trend for China Railway Construction'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.

China Railway Construction Days Inventory Chart

China Railway Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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86.29

94.40

101.31

107.26

108.72

China Railway Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															109.21	110.48	118.82	124.46	102.65

Competitive Comparison of China Railway Construction's Days Inventory

For the Engineering & Construction subindustry, China Railway Construction'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.

China Railway Construction's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Days Inventory falls into.

China Railway Construction Days Inventory Calculation

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

China Railway Construction's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (299818.526	+	307642.792)	/	2 )	/	1019683.082	*	365
=	303730.659					/	1019683.082	*	365
=	108.72

China Railway Construction's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (338349.115	+	307642.792)	/	2 )	/	287134.624	*	365 / 4
=	322995.9535					/	287134.624	*	365 / 4
=	102.65

China Railway Construction (SHSE:601186) 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.

China Railway Construction's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	287134.624	/	322995.9535
	=	0.89

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.

China Railway Construction's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	322995.9535	/	331530.291
	=	0.97

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.

China Railway Construction Days Inventory Related Terms

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

China Railway Construction (SHSE:601186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (SHSE:601186) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

01186:Hong Kong 4FF:Germany

Address

East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855

Website

https://www.crcc.cn

China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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