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Hangzhou Refromer Holding Co (BJSE:833030) Days Inventory : 292.93 (As of Sep. 2024)


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What is Hangzhou Refromer Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Refromer Holding Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥112.3 Mil. Hangzhou Refromer Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥35.0 Mil. Hence, Hangzhou Refromer Holding Co's Days Inventory for the three months ended in Sep. 2024 was 292.93.

The historical rank and industry rank for Hangzhou Refromer Holding Co's Days Inventory or its related term are showing as below:

BJSE:833030' s Days Inventory Range Over the Past 10 Years
Min: 94.42   Med: 131.94   Max: 204.19
Current: 204.19

During the past 11 years, Hangzhou Refromer Holding Co's highest Days Inventory was 204.19. The lowest was 94.42. And the median was 131.94.

BJSE:833030's Days Inventory is ranked worse than
77.27% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs BJSE:833030: 204.19

Hangzhou Refromer Holding Co's Days Inventory increased from Sep. 2023 (127.56) to Sep. 2024 (292.93). It might indicate that Hangzhou Refromer Holding Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Refromer Holding Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.31.

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. Hangzhou Refromer Holding Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.76.


Hangzhou Refromer Holding Co Days Inventory Historical Data

The historical data trend for Hangzhou Refromer Holding 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.

Hangzhou Refromer Holding Co Days Inventory Chart

Hangzhou Refromer Holding 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 120.22 133.27 130.74 147.98 142.03

Hangzhou Refromer Holding Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 127.56 92.12 306.37 247.08 292.93

Competitive Comparison of Hangzhou Refromer Holding Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Hangzhou Refromer Holding 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.


Hangzhou Refromer Holding Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Refromer Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Refromer Holding Co's Days Inventory falls into.



Hangzhou Refromer Holding Co Days Inventory Calculation

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

Hangzhou Refromer Holding 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
=( (97.792 + 82.605) / 2 ) / 231.799*365
=90.1985 / 231.799*365
=142.03

Hangzhou Refromer Holding Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (98.321 + 126.342) / 2 ) / 34.992*365 / 4
=112.3315 / 34.992*365 / 4
=292.93

* 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.


Hangzhou Refromer Holding Co  (BJSE:833030) 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.

Hangzhou Refromer Holding Co's Inventory Turnover for the three months ended in Sep. 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.

Hangzhou Refromer Holding Co's Inventory to Revenue for the three months ended in Sep. 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.


Hangzhou Refromer Holding Co Days Inventory Related Terms

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


Hangzhou Refromer Holding Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 780 Wen'er West Road, Building C, Xixi Ginza, Xihu, Zhejiang, Hangzhou, CHN, 310012
Hangzhou Refromer Holding Co Ltd is the country's smart IoT solution provider and operation service provider with identification technology as its core. Based on IoT technology, It provides equipment systems and operation services for smart parking, access control channels and safety emergency, as well as a complete set of solutions.

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