Kunshan Supermix Printing Technology Co (BJSE:872392) Days Inventory : 32.98 (As of Sep. 2024)

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What is Kunshan Supermix Printing Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kunshan Supermix Printing Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥64.8 Mil. Kunshan Supermix Printing Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥179.2 Mil. Hence, Kunshan Supermix Printing Technology Co's Days Inventory for the three months ended in Sep. 2024 was 32.98.

The historical rank and industry rank for Kunshan Supermix Printing Technology Co's Days Inventory or its related term are showing as below:

BJSE:872392' s Days Inventory Range Over the Past 10 Years
Min: 20.72 Med: 28.85 Max: 39.18
Current: 34.06

During the past 8 years, Kunshan Supermix Printing Technology Co's highest Days Inventory was 39.18. The lowest was 20.72. And the median was 28.85.

BJSE:872392's Days Inventory is ranked better than
91.53% of 378 companies
in the Packaging & Containers industry
Industry Median: 76.565 vs BJSE:872392: 34.06

Kunshan Supermix Printing Technology Co's Days Inventory increased from Sep. 2023 (31.11) to Sep. 2024 (32.98). It might indicate that Kunshan Supermix Printing Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kunshan Supermix Printing Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 2.77.

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. Kunshan Supermix Printing Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.30.

Kunshan Supermix Printing Technology Co Days Inventory Historical Data

The historical data trend for Kunshan Supermix Printing 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.

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Kunshan Supermix Printing Technology Co Days Inventory Chart

Kunshan Supermix Printing Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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20.72

29.64

28.18

31.15

39.18

Kunshan Supermix Printing Technology Co Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															31.11	33.20	41.52	32.55	32.98

Competitive Comparison of Kunshan Supermix Printing Technology Co's Days Inventory

For the Packaging & Containers subindustry, Kunshan Supermix Printing 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.

Kunshan Supermix Printing Technology Co's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kunshan Supermix Printing Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kunshan Supermix Printing Technology Co's Days Inventory falls into.

Kunshan Supermix Printing Technology Co Days Inventory Calculation

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

Kunshan Supermix Printing Technology Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (26.722	+	26.874)	/	2 )	/	249.646	*	365
=	26.798					/	249.646	*	365
=	39.18

Kunshan Supermix Printing Technology 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
=	( (65.434	+	64.153)	/	2 )	/	179.249	*	365 / 4
=	64.7935					/	179.249	*	365 / 4
=	32.98

Kunshan Supermix Printing Technology Co (BJSE:872392) 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.

Kunshan Supermix Printing Technology Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	179.249	/	64.7935
	=	2.77

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.

Kunshan Supermix Printing Technology Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.7935	/	217.377
	=	0.30

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.

Kunshan Supermix Printing Technology Co Days Inventory Related Terms

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

Kunshan Supermix Printing Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kunshan Supermix Printing Technology Co Ltd (BJSE:872392) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 228, Huanlou Road, Kunshan Development Zone, Jiangsu Province, Penglang Town, CHN, 215333

Website

http://www.supermix.com.cn

Kunshan Supermix Printing Technology Co Ltd engages in Research and development, design, production, and sales of paper packaging and display products. It mainly produces cartons, shopping bags, gift boxes, flexo paper box, color paper cards, color boxes, product display boxes, and product design packaging displays.

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