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China Railway Special Cargo Logistics Co (SZSE:001213) Days Inventory

: 1.87 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). China Railway Special Cargo Logistics Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥51 Mil. China Railway Special Cargo Logistics Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥2,485 Mil. Hence, China Railway Special Cargo Logistics Co's Days Inventory for the three months ended in Sep. 2023 was 1.87.

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

SZSE:001213' s Days Inventory Range Over the Past 10 Years
Min: 1.28   Med: 1.66   Max: 1.96
Current: 1.93

During the past 6 years, China Railway Special Cargo Logistics Co's highest Days Inventory was 1.96. The lowest was 1.28. And the median was 1.66.

SZSE:001213's Days Inventory is ranked better than
84.82% of 784 companies
in the Transportation industry
Industry Median: 11.545 vs SZSE:001213: 1.93

China Railway Special Cargo Logistics Co's Days Inventory increased from Sep. 2022 (1.79) to Sep. 2023 (1.87). It might indicate that China Railway Special Cargo Logistics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Railway Special Cargo Logistics Co's Inventory Turnover for the three months ended in Sep. 2023 was 48.76.

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 Special Cargo Logistics Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.02.


China Railway Special Cargo Logistics Co Days Inventory Historical Data

The historical data trend for China Railway Special Cargo Logistics 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 Railway Special Cargo Logistics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only 1.45 1.28 1.51 1.81 1.91

China Railway Special Cargo Logistics Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.79 1.75 2.04 2.02 1.87

Competitive Comparison

For the Railroads subindustry, China Railway Special Cargo Logistics 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 Railway Special Cargo Logistics Co Days Inventory Distribution

For the Transportation industry and Industrials sector, China Railway Special Cargo Logistics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Railway Special Cargo Logistics Co's Days Inventory falls into.



China Railway Special Cargo Logistics Co Days Inventory Calculation

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

China Railway Special Cargo Logistics 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
=( (44.065 + 48.902) / 2 ) / 8862.684*365
=46.4835 / 8862.684*365
=1.91

China Railway Special Cargo Logistics 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
=( (47.653 + 54.28) / 2 ) / 2485.254*365 / 4
=50.9665 / 2485.254*365 / 4
=1.87

* 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 Railway Special Cargo Logistics Co  (SZSE:001213) 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 Special Cargo Logistics 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.

China Railway Special Cargo Logistics 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.


China Railway Special Cargo Logistics Co Days Inventory Related Terms

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


China Railway Special Cargo Logistics Co (SZSE:001213) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, Duck Bridge Road, 212-229, 314-328, 416-429, District C, Xicheng District, Beijing, CHN, 100055
China Railway Special Cargo Logistics Co Ltd is a professional transportation enterprise. The company's main business is commodity automobile logistics, refrigerated logistics and bulk logistics.

China Railway Special Cargo Logistics Co (SZSE:001213) Headlines

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