China Runji Cement (China Runji Cement) Days Inventory : 21.99 (As of Feb. 2011)

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What is China Runji Cement Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Runji Cement's Average Total Inventories for the three months ended in Feb. 2011 was $2.74 Mil. China Runji Cement's Cost of Goods Sold for the three months ended in Feb. 2011 was $11.38 Mil. Hence, China Runji Cement's Days Inventory for the three months ended in Feb. 2011 was 21.99.

The historical rank and industry rank for China Runji Cement's Days Inventory or its related term are showing as below:

CRJI's Days Inventory is not ranked ^*
in the Building Materials industry.
Industry Median: 83.57
* Ranked among companies with meaningful Days Inventory only.

China Runji Cement's Days Inventory increased from Feb. 2010 (18.75) to Feb. 2011 (21.99). It might indicate that China Runji Cement's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Runji Cement's Inventory Turnover for the three months ended in Feb. 2011 was 4.15.

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. China Runji Cement's Inventory-to-Revenue for the three months ended in Feb. 2011 was 0.16.

China Runji Cement Days Inventory Historical Data

The historical data trend for China Runji Cement'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.

China Runji Cement Days Inventory Chart

China Runji Cement Annual Data

Trend

Jan06

Jan07

Aug08

Aug09

Aug10

Days Inventory

38.91

18.19

15.53

China Runji Cement Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Days Inventory	Get a 7-Day Free Trial															18.75	22.32	21.55	14.68	21.99

Competitive Comparison of China Runji Cement's Days Inventory

For the Building Materials subindustry, China Runji Cement'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.

China Runji Cement's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Days Inventory falls into.

China Runji Cement Days Inventory Calculation

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

China Runji Cement's Days Inventory for the fiscal year that ended in Aug. 2010 is calculated as

	Days Inventory (A: Aug. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2009 )	+	Total Inventories (A: Aug. 2010 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2010 )	*	Days in Period
=	( (1.892	+	2.09)	/	2 )	/	46.806	*	365
=	1.991					/	46.806	*	365
=	15.53

China Runji Cement's Days Inventory for the quarter that ended in Feb. 2011 is calculated as:

	Days Inventory (Q: Feb. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2010 )	+	Total Inventories (Q: Feb. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2011 )	*	Days in Period
=	( (2.437	+	3.051)	/	2 )	/	11.384	*	365 / 4
=	2.744					/	11.384	*	365 / 4
=	21.99

China Runji Cement (GREY:CRJI) 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.

China Runji Cement's Inventory Turnover for the three months ended in Feb. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.384	/	2.744
	=	4.15

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.

China Runji Cement's Inventory to Revenue for the three months ended in Feb. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.744	/	17.042
	=	0.16

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.

China Runji Cement Days Inventory Related Terms

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China Runji Cement (China Runji Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xianzong town, Hanshan county, Chaohu, Anhui, CHN

Website

China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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