China Risun Group (FRA:45Y) Days Inventory : 24.61 (As of Dec. 2023)

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What is China Risun Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Risun Group's Average Total Inventories for the six months ended in Dec. 2023 was €405 Mil. China Risun Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,006 Mil. Hence, China Risun Group's Days Inventory for the six months ended in Dec. 2023 was 24.61.

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

FRA:45Y' s Days Inventory Range Over the Past 10 Years
Min: 11.98 Med: 19.68 Max: 28.59
Current: 27.3

During the past 9 years, China Risun Group's highest Days Inventory was 28.59. The lowest was 11.98. And the median was 19.68.

FRA:45Y's Days Inventory is ranked better than
92.82% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs FRA:45Y: 27.30

China Risun Group's Days Inventory declined from Dec. 2022 (28.36) to Dec. 2023 (24.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Risun Group's Inventory Turnover for the six months ended in Dec. 2023 was 7.42.

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 Risun Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.

China Risun Group Days Inventory Historical Data

The historical data trend for China Risun Group'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 Risun Group Days Inventory Chart

China Risun Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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22.09

27.45

19.16

25.67

29.04

China Risun Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial										18.33	22.58	28.36	29.64	24.61

Competitive Comparison of China Risun Group's Days Inventory

For the Chemicals subindustry, China Risun Group'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 Risun Group's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Risun Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Risun Group's Days Inventory falls into.

China Risun Group Days Inventory Calculation

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

China Risun Group'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
=	( (436.159	+	437.432)	/	2 )	/	5489.125	*	365
=	436.7955					/	5489.125	*	365
=	29.04

China Risun Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (373.268	+	437.432)	/	2 )	/	3005.72	*	365 / 2
=	405.35					/	3005.72	*	365 / 2
=	24.61

China Risun Group (FRA:45Y) 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 Risun Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3005.72	/	405.35
	=	7.42

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 Risun Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	405.35	/	3240.997
	=	0.13

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 Risun Group Days Inventory Related Terms

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

China Risun Group (FRA:45Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Risun Group Ltd (FRA:45Y) » Definitions » Days Inventory

Traded in Other Exchanges

01907:Hong Kong

Address

Sihezhuang No. 2 Road, Building 1, Risun Plaza, Huaxiang Town, Fengtai District, Beijing, CHN, 100070

Website

http://www.risun.com

China Risun Group Ltd is an integrated coke, coking chemical, and refined chemical producer and supplier in China. The company's business segments are Coke and Coking Chemicals, Refined Chemicals, Operation management, and Trading. It generates maximum revenue from Coke and Coking Chemicals segment. It also produces coking chemical products mainly coal tar, coke oven gas, and crude benzene.

China Risun Group (FRA:45Y) Headlines

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