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Kelin Environmental Protection Equipment (SZSE:002499) Days Inventory : 13.63 (As of Sep. 2022)


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What is Kelin Environmental Protection Equipment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kelin Environmental Protection Equipment's Average Total Inventories for the three months ended in Sep. 2022 was ¥0.5 Mil. Kelin Environmental Protection Equipment's Cost of Goods Sold for the three months ended in Sep. 2022 was ¥3.0 Mil. Hence, Kelin Environmental Protection Equipment's Days Inventory for the three months ended in Sep. 2022 was 13.63.

The historical rank and industry rank for Kelin Environmental Protection Equipment's Days Inventory or its related term are showing as below:

SZSE:002499's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 124.95
* Ranked among companies with meaningful Days Inventory only.

Kelin Environmental Protection Equipment's Days Inventory increased from Sep. 2021 (0.00) to Sep. 2022 (13.63). It might indicate that Kelin Environmental Protection Equipment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kelin Environmental Protection Equipment's Inventory Turnover for the three months ended in Sep. 2022 was 6.70.

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. Kelin Environmental Protection Equipment's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.07.


Kelin Environmental Protection Equipment Days Inventory Historical Data

The historical data trend for Kelin Environmental Protection Equipment'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.

Kelin Environmental Protection Equipment Days Inventory Chart

Kelin Environmental Protection Equipment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.91 115.96 55.28 - -

Kelin Environmental Protection Equipment Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - 3.01 13.72 13.63

Competitive Comparison of Kelin Environmental Protection Equipment's Days Inventory

For the Pollution & Treatment Controls subindustry, Kelin Environmental Protection Equipment'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.


Kelin Environmental Protection Equipment's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kelin Environmental Protection Equipment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kelin Environmental Protection Equipment's Days Inventory falls into.


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Kelin Environmental Protection Equipment Days Inventory Calculation

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

Kelin Environmental Protection Equipment's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 128.622*365
=0 / 128.622*365
=0.00

Kelin Environmental Protection Equipment's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.452 + 0.452) / 2 ) / 3.027*365 / 4
=0.452 / 3.027*365 / 4
=13.63

* 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.


Kelin Environmental Protection Equipment  (SZSE:002499) 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.

Kelin Environmental Protection Equipment's Inventory Turnover for the three months ended in Sep. 2022 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.

Kelin Environmental Protection Equipment's Inventory to Revenue for the three months ended in Sep. 2022 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.


Kelin Environmental Protection Equipment Days Inventory Related Terms

Thank you for viewing the detailed overview of Kelin Environmental Protection Equipment's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kelin Environmental Protection Equipment Business Description

Traded in Other Exchanges
N/A
Address
Address: No. 8 Jiaotong Road, Bache District, Songling town, Wujiang city, Jiangsu Province, CHN, 215222
Kelin Environmental Protection Equipment Inc manufactures and sells environmental protection equipment in China. It is a supplier of flue gas purification and treatment solution integrating environmental engineering system design, bag filter, desulfurization and denitrification product design, manufacture, and sales service in the field of air pollution control. The company's products include Bag Filter; Bag and Electrical filter; Cyclone and Furnace shell.
Executives
Wu Hong Guang Director
Deng Bu Li Director
Li Ceng Min Directors, executives
Zhou Xing Xiang Supervisors
Chen Guo Zhong Directors, executives
Xu Tian Ping Directors, executives
Zhang Gen Rong Director
Song Qi Di Director
Wu Jian Xin Executives
Wu Shan Gan Independent director
Zhou He Rong Executives
Chen An Qi Director
Shi Huan Zhang Supervisors

Kelin Environmental Protection Equipment Headlines

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