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China Communications Construction Co (SHSE:601800) Days Inventory : 53.54 (As of Mar. 2024)


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What is China Communications Construction Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Communications Construction Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥91,451 Mil. China Communications Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥155,859 Mil. Hence, China Communications Construction Co's Days Inventory for the three months ended in Mar. 2024 was 53.54.

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

SHSE:601800' s Days Inventory Range Over the Past 10 Years
Min: 38.37   Med: 45.93   Max: 132.95
Current: 48.78

During the past 13 years, China Communications Construction Co's highest Days Inventory was 132.95. The lowest was 38.37. And the median was 45.93.

SHSE:601800's Days Inventory is ranked worse than
50.11% of 1393 companies
in the Construction industry
Industry Median: 48.64 vs SHSE:601800: 48.78

China Communications Construction Co's Days Inventory increased from Mar. 2023 (48.11) to Mar. 2024 (53.54). It might indicate that China Communications Construction Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Communications Construction Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.70.

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 Communications Construction Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.52.


China Communications Construction Co Days Inventory Historical Data

The historical data trend for China Communications Construction 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.

China Communications Construction Co Days Inventory Chart

China Communications Construction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.24 45.42 44.39 43.47 45.90

China Communications Construction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.11 47.22 52.28 47.13 53.54

Competitive Comparison of China Communications Construction Co's Days Inventory

For the Engineering & Construction subindustry, China Communications Construction 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.


China Communications Construction Co's Days Inventory Distribution in the Construction Industry

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

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



China Communications Construction Co Days Inventory Calculation

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

China Communications Construction Co'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
=( (78263 + 88021) / 2 ) / 661118*365
=83142 / 661118*365
=45.90

China Communications Construction Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (88021 + 94881.196) / 2 ) / 155858.746*365 / 4
=91451.098 / 155858.746*365 / 4
=53.54

* 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 Communications Construction Co  (SHSE:601800) 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 Communications Construction Co's Inventory Turnover for the three months ended in Mar. 2024 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 Communications Construction Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=91451.098 / 176904.194
=0.52

* 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 Communications Construction Co Days Inventory Related Terms

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


China Communications Construction Co (SHSE:601800) Business Description

Traded in Other Exchanges
Address
85 De Sheng Men Wai Street, Xicheng District, Beijing, CHN, 100088
China Communications Construction Co Ltd is China's leading engineering and construction company providing construction solutions and services. The company's segment includes Construction; Design; Dredging and others. It generates maximum revenue from the Construction segment. The Construction segment includes infrastructure construction of ports, roads, bridges and railways, municipal and environmental engineering, and others.

China Communications Construction Co (SHSE:601800) Headlines

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