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China State Construction Engineering (SHSE:601668) Days Inventory

: 139.76 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). China State Construction Engineering's Average Total Inventories for the three months ended in Dec. 2023 was ¥797,524 Mil. China State Construction Engineering's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥520,690 Mil. Hence, China State Construction Engineering's Days Inventory for the three months ended in Dec. 2023 was 139.76.

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

SHSE:601668' s Days Inventory Range Over the Past 10 Years
Min: 140.08   Med: 166.11   Max: 199.25
Current: 140.31

During the past 13 years, China State Construction Engineering's highest Days Inventory was 199.25. The lowest was 140.08. And the median was 166.11.

SHSE:601668's Days Inventory is ranked worse than
79.67% of 1392 companies
in the Construction industry
Industry Median: 48.6 vs SHSE:601668: 140.31

China State Construction Engineering's Days Inventory declined from Dec. 2022 (156.12) to Dec. 2023 (139.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. China State Construction Engineering's Inventory Turnover for the three months ended in Dec. 2023 was 0.65.

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 State Construction Engineering's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.34.


China State Construction Engineering Days Inventory Historical Data

The historical data trend for China State Construction Engineering'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 State Construction Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 155.69 158.92 149.94 146.28 140.08

China State Construction Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 156.12 148.15 135.70 138.43 139.76

Competitive Comparison

For the Engineering & Construction subindustry, China State Construction Engineering'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 State Construction Engineering Days Inventory Distribution

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

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



China State Construction Engineering Days Inventory Calculation

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

China State Construction Engineering'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
=( (771548.6 + 796342.895) / 2 ) / 2042723.831*365
=783945.7475 / 2042723.831*365
=140.08

China State Construction Engineering'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
=( (798704.237 + 796342.895) / 2 ) / 520690.007*365 / 4
=797523.566 / 520690.007*365 / 4
=139.76

* 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.


China State Construction Engineering  (SHSE:601668) 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 State Construction Engineering's Inventory Turnover for the three months ended in Dec. 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=797523.566 / 594287.438
=1.34

* 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.


China State Construction Engineering Days Inventory Related Terms

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


China State Construction Engineering (SHSE:601668) Business Description

Traded in Other Exchanges
N/A
Address
Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029
China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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