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Yihai Kerry Arawana Holdings Co (SZSE:300999) Days Inventory : 64.55 (As of Dec. 2023)


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What is Yihai Kerry Arawana Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yihai Kerry Arawana Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥42,288 Mil. Yihai Kerry Arawana Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥59,779 Mil. Hence, Yihai Kerry Arawana Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 64.55.

The historical rank and industry rank for Yihai Kerry Arawana Holdings Co's Days Inventory or its related term are showing as below:

SZSE:300999' s Days Inventory Range Over the Past 10 Years
Min: 69.35   Med: 80.49   Max: 87.03
Current: 69.35

During the past 8 years, Yihai Kerry Arawana Holdings Co's highest Days Inventory was 87.03. The lowest was 69.35. And the median was 80.49.

SZSE:300999's Days Inventory is ranked better than
59.43% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs SZSE:300999: 69.35

Yihai Kerry Arawana Holdings Co's Days Inventory increased from Dec. 2022 (61.98) to Dec. 2023 (64.55). It might indicate that Yihai Kerry Arawana Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yihai Kerry Arawana Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.41.

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. Yihai Kerry Arawana Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.67.


Yihai Kerry Arawana Holdings Co Days Inventory Historical Data

The historical data trend for Yihai Kerry Arawana Holdings 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.

Yihai Kerry Arawana Holdings Co Days Inventory Chart

Yihai Kerry Arawana Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 86.43 78.63 76.51 75.12 76.74

Yihai Kerry Arawana Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 61.98 78.70 73.28 55.42 64.55

Competitive Comparison of Yihai Kerry Arawana Holdings Co's Days Inventory

For the Packaged Foods subindustry, Yihai Kerry Arawana Holdings 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.


Yihai Kerry Arawana Holdings Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai Kerry Arawana Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yihai Kerry Arawana Holdings Co's Days Inventory falls into.



Yihai Kerry Arawana Holdings Co Days Inventory Calculation

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

Yihai Kerry Arawana Holdings 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
=( (53065.896 + 47588.792) / 2 ) / 239366.189*365
=50327.344 / 239366.189*365
=76.74

Yihai Kerry Arawana Holdings Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (36987.214 + 47588.792) / 2 ) / 59778.64*365 / 4
=42288.003 / 59778.64*365 / 4
=64.55

* 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.


Yihai Kerry Arawana Holdings Co  (SZSE:300999) 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.

Yihai Kerry Arawana Holdings Co's Inventory Turnover for the three months ended in Dec. 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.

Yihai Kerry Arawana Holdings Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=42288.003 / 63001.497
=0.67

* 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.


Yihai Kerry Arawana Holdings Co Days Inventory Related Terms

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Yihai Kerry Arawana Holdings Co (SZSE:300999) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, 1379 Bocheng Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200126
Yihai Kerry Arawana Holdings Co Ltd is engaged in research and development, production and sales of kitchen food, feed ingredients and oil technology products. The company is involved in oilseed pressing, edible oil refining, special oils, oil technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development and other industries. Its products cover small-packaged edible oil, rice, flour, dried noodles, rice noodles, soy milk, special grains and oils for catering, food raw materials, oil technology and many other fields. Its brands are Golden Dragon Fish, Ou Li Wei Lan, Orchid Flower, Fragrant Garden, Haihuang, Feng Yuan, Golden Flavor, Ruilong and Jie Jin 100.

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