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Bohai Water Industry Co (SZSE:000605) Days Inventory : 58.11 (As of Sep. 2023)


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What is Bohai Water Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bohai Water Industry Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥147 Mil. Bohai Water Industry Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥230 Mil. Hence, Bohai Water Industry Co's Days Inventory for the three months ended in Sep. 2023 was 58.11.

The historical rank and industry rank for Bohai Water Industry Co's Days Inventory or its related term are showing as below:

SZSE:000605' s Days Inventory Range Over the Past 10 Years
Min: 9.12   Med: 34.88   Max: 187.84
Current: 39.53

During the past 13 years, Bohai Water Industry Co's highest Days Inventory was 187.84. The lowest was 9.12. And the median was 34.88.

SZSE:000605's Days Inventory is ranked worse than
70.97% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.62 vs SZSE:000605: 39.53

Bohai Water Industry Co's Days Inventory declined from Sep. 2022 (58.24) to Sep. 2023 (58.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bohai Water Industry Co's Inventory Turnover for the three months ended in Sep. 2023 was 1.57.

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. Bohai Water Industry Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.48.


Bohai Water Industry Co Days Inventory Historical Data

The historical data trend for Bohai Water Industry 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.

Bohai Water Industry Co Days Inventory Chart

Bohai Water Industry 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 187.84 134.31 31.30 38.45 41.83

Bohai Water Industry 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 58.24 31.44 29.06 57.67 58.11

Competitive Comparison of Bohai Water Industry Co's Days Inventory

For the Utilities - Regulated Water subindustry, Bohai Water Industry 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.


Bohai Water Industry Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Bohai Water Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bohai Water Industry Co's Days Inventory falls into.



Bohai Water Industry Co Days Inventory Calculation

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

Bohai Water Industry 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
=( (157.372 + 151.929) / 2 ) / 1349.542*365
=154.6505 / 1349.542*365
=41.83

Bohai Water Industry 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
=( (149.798 + 143.609) / 2 ) / 230.385*365 / 4
=146.7035 / 230.385*365 / 4
=58.11

* 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.


Bohai Water Industry Co  (SZSE:000605) 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.

Bohai Water Industry 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.

Bohai Water Industry 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.


Bohai Water Industry Co Days Inventory Related Terms

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


Bohai Water Industry Co (SZSE:000605) Business Description

Traded in Other Exchanges
N/A
Address
Yuanyuan East Road, Building 31, Zhujiang Lawei Town, Tongzhou District, Beijing, CHN
Bohai Water Industry Co Ltd engages in engineering design, general construction contracting and subcontracting. The company also engages in urban public infrastructure planning, environmental projects, and water supply and recycling. It also holds an interest in sewage treatment and reuse of water; investment consulting; investment management; technical development; technical consulting; technical services.

Bohai Water Industry Co (SZSE:000605) Headlines

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