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Kopper Chemical Industry (BJSE:834033) Days Inventory : 391.40 (As of Mar. 2024)


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What is Kopper Chemical Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kopper Chemical Industry's Average Total Inventories for the three months ended in Mar. 2024 was ¥153.2 Mil. Kopper Chemical Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥35.7 Mil. Hence, Kopper Chemical Industry's Days Inventory for the three months ended in Mar. 2024 was 391.40.

The historical rank and industry rank for Kopper Chemical Industry's Days Inventory or its related term are showing as below:

BJSE:834033' s Days Inventory Range Over the Past 10 Years
Min: 141.64   Med: 189.01   Max: 467.29
Current: 233.2

During the past 11 years, Kopper Chemical Industry's highest Days Inventory was 467.29. The lowest was 141.64. And the median was 189.01.

BJSE:834033's Days Inventory is ranked worse than
91.62% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs BJSE:834033: 233.20

Kopper Chemical Industry's Days Inventory increased from Mar. 2023 (167.04) to Mar. 2024 (391.40). It might indicate that Kopper Chemical Industry'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. Kopper Chemical Industry's Inventory Turnover for the three months ended in Mar. 2024 was 0.23.

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. Kopper Chemical Industry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.30.


Kopper Chemical Industry Days Inventory Historical Data

The historical data trend for Kopper Chemical Industry'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.

Kopper Chemical Industry Days Inventory Chart

Kopper Chemical Industry 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 180.81 141.64 167.37 163.60 184.36

Kopper Chemical Industry Quarterly Data
Dec17 Jun18 Dec18 Jun19 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 167.04 209.47 166.91 229.64 391.40

Competitive Comparison of Kopper Chemical Industry's Days Inventory

For the Specialty Chemicals subindustry, Kopper Chemical Industry'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.


Kopper Chemical Industry's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kopper Chemical Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kopper Chemical Industry's Days Inventory falls into.



Kopper Chemical Industry Days Inventory Calculation

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

Kopper Chemical Industry'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
=( (115.832 + 134.787) / 2 ) / 248.091*365
=125.3095 / 248.091*365
=184.36

Kopper Chemical Industry'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
=( (134.787 + 171.666) / 2 ) / 35.723*365 / 4
=153.2265 / 35.723*365 / 4
=391.40

* 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.


Kopper Chemical Industry  (BJSE:834033) 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.

Kopper Chemical Industry'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.

Kopper Chemical Industry'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.


Kopper Chemical Industry Days Inventory Related Terms

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


Kopper Chemical Industry (BJSE:834033) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Huazhong Avenue, Changshou District, Chongqing, CHN, 401221
Kopper Chemical Industry Corp Ltd manufacturer of special surfactants, focusing on the research and development of copper metal, new energy battery metal extraction technology, mineral flotation technology, electrolytic electroplating acid mist treatment technology, etc., producing special surfactants products such as copper metal extractant, new energy battery metal extractant, mineral flotation reagent, and acid mist suppressant.

Kopper Chemical Industry (BJSE:834033) Headlines

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