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Henan Silane Technology Development Co (BJSE:838402) Days Inventory : 47.97 (As of Mar. 2024)


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What is Henan Silane Technology Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Henan Silane Technology Development Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥72 Mil. Henan Silane Technology Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥136 Mil. Hence, Henan Silane Technology Development Co's Days Inventory for the three months ended in Mar. 2024 was 47.97.

The historical rank and industry rank for Henan Silane Technology Development Co's Days Inventory or its related term are showing as below:

BJSE:838402' s Days Inventory Range Over the Past 10 Years
Min: 14.45   Med: 24.5   Max: 37.32
Current: 37.32

During the past 10 years, Henan Silane Technology Development Co's highest Days Inventory was 37.32. The lowest was 14.45. And the median was 24.50.

BJSE:838402's Days Inventory is ranked better than
86.38% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs BJSE:838402: 37.32

Henan Silane Technology Development Co's Days Inventory increased from Mar. 2023 (32.26) to Mar. 2024 (47.97). It might indicate that Henan Silane Technology Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Silane Technology Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.90.

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. Henan Silane Technology Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


Henan Silane Technology Development Co Days Inventory Historical Data

The historical data trend for Henan Silane Technology Development 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.

Henan Silane Technology Development Co Days Inventory Chart

Henan Silane Technology Development 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 20.61 24.50 25.35 27.66 33.83

Henan Silane Technology Development Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 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 32.26 34.08 34.93 33.55 47.97

Competitive Comparison of Henan Silane Technology Development Co's Days Inventory

For the Specialty Chemicals subindustry, Henan Silane Technology Development 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.


Henan Silane Technology Development Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Silane Technology Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Henan Silane Technology Development Co's Days Inventory falls into.



Henan Silane Technology Development Co Days Inventory Calculation

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

Henan Silane Technology Development 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
=( (56.905 + 69.665) / 2 ) / 682.894*365
=63.285 / 682.894*365
=33.83

Henan Silane Technology Development 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
=( (69.665 + 73.771) / 2 ) / 136.41*365 / 4
=71.718 / 136.41*365 / 4
=47.97

* 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.


Henan Silane Technology Development Co  (BJSE:838402) 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.

Henan Silane Technology Development 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.

Henan Silane Technology Development 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.


Henan Silane Technology Development Co Days Inventory Related Terms

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


Henan Silane Technology Development Co (BJSE:838402) Business Description

Traded in Other Exchanges
N/A
Address
Coal Coking Circular Economy Industrial Park, Xiangcheng County, Henan Province, Xuchang City, CHN, 461700
Henan Silane Technology Development Co Ltd's main business is the research and development, production, sales, and technical services of hydrogen silicon material products. It also engages in research and development and the production of new energy and new materials-related fields. Its main products are electronic-grade silane gas and hydrogen.

Henan Silane Technology Development Co (BJSE:838402) Headlines

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