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Jiangsu Polygee Environmental Technology Co (BJSE:832802) Days Inventory : 106.81 (As of Mar. 2024)


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What is Jiangsu Polygee Environmental Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Polygee Environmental Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥35.3 Mil. Jiangsu Polygee Environmental Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥30.2 Mil. Hence, Jiangsu Polygee Environmental Technology Co's Days Inventory for the three months ended in Mar. 2024 was 106.81.

The historical rank and industry rank for Jiangsu Polygee Environmental Technology Co's Days Inventory or its related term are showing as below:

BJSE:832802' s Days Inventory Range Over the Past 10 Years
Min: 77.26   Med: 106.05   Max: 122.56
Current: 109.61

During the past 11 years, Jiangsu Polygee Environmental Technology Co's highest Days Inventory was 122.56. The lowest was 77.26. And the median was 106.05.

BJSE:832802's Days Inventory is ranked better than
56.08% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BJSE:832802: 109.61

Jiangsu Polygee Environmental Technology Co's Days Inventory declined from Mar. 2023 (127.20) to Mar. 2024 (106.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Polygee Environmental Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. Jiangsu Polygee Environmental Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.80.


Jiangsu Polygee Environmental Technology Co Days Inventory Historical Data

The historical data trend for Jiangsu Polygee Environmental Technology 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.

Jiangsu Polygee Environmental Technology Co Days Inventory Chart

Jiangsu Polygee Environmental Technology Co 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 116.72 122.56 106.26 107.63 99.91

Jiangsu Polygee Environmental Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 127.20 119.01 138.07 92.75 106.81

Competitive Comparison of Jiangsu Polygee Environmental Technology Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Jiangsu Polygee Environmental Technology 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.


Jiangsu Polygee Environmental Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Polygee Environmental Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Polygee Environmental Technology Co's Days Inventory falls into.



Jiangsu Polygee Environmental Technology Co Days Inventory Calculation

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

Jiangsu Polygee Environmental Technology 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
=( (29.286 + 35.44) / 2 ) / 118.226*365
=32.363 / 118.226*365
=99.91

Jiangsu Polygee Environmental Technology 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
=( (35.44 + 35.213) / 2 ) / 30.18*365 / 4
=35.3265 / 30.18*365 / 4
=106.81

* 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.


Jiangsu Polygee Environmental Technology Co  (BJSE:832802) 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.

Jiangsu Polygee Environmental Technology Co's Inventory Turnover for the three months ended in Mar. 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.

Jiangsu Polygee Environmental Technology Co's Inventory to Revenue for the three months ended in Mar. 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.


Jiangsu Polygee Environmental Technology Co Days Inventory Related Terms

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Jiangsu Polygee Environmental Technology Co (BJSE:832802) Business Description

Traded in Other Exchanges
N/A
Address
Jiangsu Yangtze River International Metallurgical Industrial Park, Jinfeng Town, Jiangsu Province, Zhangjiagang City, Suzhou City, CHN, 215600
Jiangsu Polygee Environmental Technology Co Ltd engages in research and development, production, and sales of electrostatic commercial oil fume purification equipment and electrostatic industrial oil fume purification equipment. It offers environmental protection equipment, organic waste gas purification equipment, waste gas purification equipment, textile machinery equipment, and mechanical parts.

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