Pingdingshan Oriental Carbon Co (BJSE:832175) Days Inventory : 501.56 (As of Mar. 2024)

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What is Pingdingshan Oriental Carbon Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pingdingshan Oriental Carbon Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥401.8 Mil. Pingdingshan Oriental Carbon Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥73.1 Mil. Hence, Pingdingshan Oriental Carbon Co's Days Inventory for the three months ended in Mar. 2024 was 501.56.

The historical rank and industry rank for Pingdingshan Oriental Carbon Co's Days Inventory or its related term are showing as below:

BJSE:832175' s Days Inventory Range Over the Past 10 Years
Min: 212.04 Med: 343.87 Max: 494.72
Current: 494.72

During the past 11 years, Pingdingshan Oriental Carbon Co's highest Days Inventory was 494.72. The lowest was 212.04. And the median was 343.87.

BJSE:832175's Days Inventory is ranked worse than
98.06% of 1492 companies
in the Chemicals industry
Industry Median: 83.25 vs BJSE:832175: 494.72

Pingdingshan Oriental Carbon Co's Days Inventory increased from Mar. 2023 (467.28) to Mar. 2024 (501.56). It might indicate that Pingdingshan Oriental Carbon Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pingdingshan Oriental Carbon Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Pingdingshan Oriental Carbon Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.92.

Pingdingshan Oriental Carbon Co Days Inventory Historical Data

The historical data trend for Pingdingshan Oriental Carbon 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.

Pingdingshan Oriental Carbon Co Days Inventory Chart

Pingdingshan Oriental Carbon Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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257.20

378.94

343.47

212.04

344.26

Pingdingshan Oriental Carbon Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															467.28	461.62	569.78	461.01	501.56

Competitive Comparison of Pingdingshan Oriental Carbon Co's Days Inventory

For the Specialty Chemicals subindustry, Pingdingshan Oriental Carbon 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.

Pingdingshan Oriental Carbon Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pingdingshan Oriental Carbon Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pingdingshan Oriental Carbon Co's Days Inventory falls into.

Pingdingshan Oriental Carbon Co Days Inventory Calculation

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

Pingdingshan Oriental Carbon 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
=	( (137.324	+	265.281)	/	2 )	/	213.43	*	365
=	201.3025					/	213.43	*	365
=	344.26

Pingdingshan Oriental Carbon Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (386.742	+	416.954)	/	2 )	/	73.109	*	365 / 4
=	401.848					/	73.109	*	365 / 4
=	501.56

Pingdingshan Oriental Carbon Co (BJSE:832175) 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.

Pingdingshan Oriental Carbon Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	73.109	/	401.848
	=	0.18

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.

Pingdingshan Oriental Carbon Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	401.848	/	102.475
	=	3.92

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.

Pingdingshan Oriental Carbon Co Days Inventory Related Terms

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

Pingdingshan Oriental Carbon Co (BJSE:832175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pingdingshan Oriental Carbon Co Ltd (BJSE:832175) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No.19,Xinglong Road,, Shilong District, Pingdingshan, CHN, 467045

Website

http://www.dongfangtansu.com

Pingdingshan Oriental Carbon Co Ltd is engaged in the manufacturing of molded/isostatic/extruded graphite products. It offers a range of products including Isostatic Graphite, Vibration molded Graphite and Molded Graphite.

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