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Hubei Kangnong Seed Co (BJSE:837403) Days Inventory : 0.00 (As of Sep. 2024)


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What is Hubei Kangnong Seed Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hubei Kangnong Seed Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥166.0 Mil. Hubei Kangnong Seed Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥-4.8 Mil.

The historical rank and industry rank for Hubei Kangnong Seed Co's Days Inventory or its related term are showing as below:

BJSE:837403' s Days Inventory Range Over the Past 10 Years
Min: 111.28   Med: 266.44   Max: 504.82
Current: 246.61

During the past 11 years, Hubei Kangnong Seed Co's highest Days Inventory was 504.82. The lowest was 111.28. And the median was 266.44.

BJSE:837403's Days Inventory is ranked worse than
90.42% of 1806 companies
in the Consumer Packaged Goods industry
Industry Median: 81.795 vs BJSE:837403: 246.61

Hubei Kangnong Seed Co's Days Inventory declined from Sep. 2023 (1,361.17) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hubei Kangnong Seed Co's Inventory Turnover for the three months ended in Sep. 2024 was -0.03.

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. Hubei Kangnong Seed Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 35.00.


Hubei Kangnong Seed Co Days Inventory Historical Data

The historical data trend for Hubei Kangnong Seed 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.

Hubei Kangnong Seed Co Days Inventory Chart

Hubei Kangnong Seed 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 200.17 139.63 111.28 115.08 164.31

Hubei Kangnong Seed Co Quarterly Data
Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 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 1,361.17 57.58 451.34 1,076.19 -

Competitive Comparison of Hubei Kangnong Seed Co's Days Inventory

For the Farm Products subindustry, Hubei Kangnong Seed 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.


Hubei Kangnong Seed Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's Days Inventory falls into.



Hubei Kangnong Seed Co Days Inventory Calculation

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

Hubei Kangnong Seed 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
=( (53.849 + 125.919) / 2 ) / 199.665*365
=89.884 / 199.665*365
=164.31

Hubei Kangnong Seed 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
=( (130.785 + 201.296) / 2 ) / -4.777*365 / 4
=166.0405 / -4.777*365 / 4
=N/A

* 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.


Hubei Kangnong Seed Co  (BJSE:837403) 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.

Hubei Kangnong Seed 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.

Hubei Kangnong Seed 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.


Hubei Kangnong Seed Co Days Inventory Related Terms

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


Hubei Kangnong Seed Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 553, Changyang Avenue, Changyang Economic Development Zone, Hubei Province, Yichang, CHN, 443501
Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.

Hubei Kangnong Seed Co Headlines

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