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Zhangjiagang Guangda Special Material Co (SHSE:688186) Days Inventory : 239.61 (As of Mar. 2025)


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What is Zhangjiagang Guangda Special Material Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhangjiagang Guangda Special Material Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥2,376 Mil. Zhangjiagang Guangda Special Material Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥905 Mil. Hence, Zhangjiagang Guangda Special Material Co's Days Inventory for the three months ended in Mar. 2025 was 239.61.

The historical rank and industry rank for Zhangjiagang Guangda Special Material Co's Days Inventory or its related term are showing as below:

SHSE:688186' s Days Inventory Range Over the Past 10 Years
Min: 189.39   Med: 213.87   Max: 239.53
Current: 231.96

During the past 9 years, Zhangjiagang Guangda Special Material Co's highest Days Inventory was 239.53. The lowest was 189.39. And the median was 213.87.

SHSE:688186's Days Inventory is ranked worse than
91.42% of 583 companies
in the Steel industry
Industry Median: 92.11 vs SHSE:688186: 231.96

Zhangjiagang Guangda Special Material Co's Days Inventory increased from Mar. 2024 (237.36) to Mar. 2025 (239.61). It might indicate that Zhangjiagang Guangda Special Material Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhangjiagang Guangda Special Material Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.38.

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. Zhangjiagang Guangda Special Material Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 2.12.


Zhangjiagang Guangda Special Material Co Days Inventory Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co Days Inventory Chart

Zhangjiagang Guangda Special Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 215.77 199.33 224.65 226.02 239.53

Zhangjiagang Guangda Special Material 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 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 237.36 222.83 220.37 244.98 239.61

Competitive Comparison of Zhangjiagang Guangda Special Material Co's Days Inventory

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Days Inventory falls into.


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Zhangjiagang Guangda Special Material Co Days Inventory Calculation

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

Zhangjiagang Guangda Special Material 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
=( (2028.121 + 2352.872) / 2 ) / 3337.971*365
=2190.4965 / 3337.971*365
=239.53

Zhangjiagang Guangda Special Material 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
=( (2352.872 + 2399.802) / 2 ) / 904.962*365 / 4
=2376.337 / 904.962*365 / 4
=239.61

* 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.


Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.

Zhangjiagang Guangda Special Material Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Zhangjiagang Guangda Special Material Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Zhangjiagang Guangda Special Material Co Days Inventory Related Terms

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


Zhangjiagang Guangda Special Material Co Business Description

Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
Executives
Tang Zhong Xue Director
Xu Wei Ming Director
Gu Jin Cai senior management
Zhou Qing Chun Core technical personnel

Zhangjiagang Guangda Special Material Co Headlines

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