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BJINF (Beijing Enterprises Holdings) Days Inventory : 29.56 (As of Jun. 2024)


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What is Beijing Enterprises Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Enterprises Holdings's Average Total Inventories for the six months ended in Jun. 2024 was $797 Mil. Beijing Enterprises Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $4,919 Mil. Hence, Beijing Enterprises Holdings's Days Inventory for the six months ended in Jun. 2024 was 29.56.

The historical rank and industry rank for Beijing Enterprises Holdings's Days Inventory or its related term are showing as below:

BJINF' s Days Inventory Range Over the Past 10 Years
Min: 26.14   Med: 33.15   Max: 51.14
Current: 29.48

During the past 13 years, Beijing Enterprises Holdings's highest Days Inventory was 51.14. The lowest was 26.14. And the median was 33.15.

BJINF's Days Inventory is ranked better than
78.87% of 478 companies
in the Conglomerates industry
Industry Median: 74.36 vs BJINF: 29.48

Beijing Enterprises Holdings's Days Inventory increased from Jun. 2023 (27.25) to Jun. 2024 (29.56). It might indicate that Beijing Enterprises Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Enterprises Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 6.17.

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. Beijing Enterprises Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.14.


Beijing Enterprises Holdings Days Inventory Historical Data

The historical data trend for Beijing Enterprises Holdings'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.

Beijing Enterprises Holdings Days Inventory Chart

Beijing Enterprises Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.10 32.67 30.52 28.06 26.18

Beijing Enterprises Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 27.71 25.90 27.25 27.96 29.56

Competitive Comparison of Beijing Enterprises Holdings's Days Inventory

For the Conglomerates subindustry, Beijing Enterprises Holdings'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.


Beijing Enterprises Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Holdings's Days Inventory falls into.



Beijing Enterprises Holdings Days Inventory Calculation

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

Beijing Enterprises Holdings'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
=( (717.035 + 721.22) / 2 ) / 10025.585*365
=719.1275 / 10025.585*365
=26.18

Beijing Enterprises Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (721.22 + 872.171) / 2 ) / 4918.733*365 / 2
=796.6955 / 4918.733*365 / 2
=29.56

* 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.


Beijing Enterprises Holdings  (OTCPK:BJINF) 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.

Beijing Enterprises Holdings's Inventory Turnover for the six months ended in Jun. 2024 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.

Beijing Enterprises Holdings's Inventory to Revenue for the six months ended in Jun. 2024 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.


Beijing Enterprises Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing Enterprises Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Enterprises Holdings Business Description

Traded in Other Exchanges
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 62% in gas operation, with the rest in water, waste treatment, and beer businesses in 2023.

Beijing Enterprises Holdings Headlines