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China Haisheng Juice Holdings Co (HKSE:00359) Days Inventory : 345.90 (As of Jun. 2021)


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What is China Haisheng Juice Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Haisheng Juice Holdings Co's Average Total Inventories for the six months ended in Jun. 2021 was HK$978 Mil. China Haisheng Juice Holdings Co's Cost of Goods Sold for the six months ended in Jun. 2021 was HK$516 Mil. Hence, China Haisheng Juice Holdings Co's Days Inventory for the six months ended in Jun. 2021 was 345.90.

The historical rank and industry rank for China Haisheng Juice Holdings Co's Days Inventory or its related term are showing as below:

HKSE:00359's Days Inventory is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 68.23
* Ranked among companies with meaningful Days Inventory only.

China Haisheng Juice Holdings Co's Days Inventory declined from Jun. 2020 (419.36) to Jun. 2021 (345.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Haisheng Juice Holdings Co's Inventory Turnover for the six months ended in Jun. 2021 was 0.53.

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 Haisheng Juice Holdings Co's Inventory-to-Revenue for the six months ended in Jun. 2021 was 1.55.


China Haisheng Juice Holdings Co Days Inventory Historical Data

The historical data trend for China Haisheng Juice Holdings 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.

China Haisheng Juice Holdings Co Days Inventory Chart

China Haisheng Juice Holdings Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 446.96 364.50 239.91 255.09 246.38

China Haisheng Juice Holdings Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 378.74 179.88 419.36 160.15 345.90

Competitive Comparison of China Haisheng Juice Holdings Co's Days Inventory

For the Beverages - Non-Alcoholic subindustry, China Haisheng Juice Holdings 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.


China Haisheng Juice Holdings Co's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Haisheng Juice Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Haisheng Juice Holdings Co's Days Inventory falls into.



China Haisheng Juice Holdings Co Days Inventory Calculation

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

China Haisheng Juice Holdings Co's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (913.648 + 916.013) / 2 ) / 1355.269*365
=914.8305 / 1355.269*365
=246.38

China Haisheng Juice Holdings Co's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (916.013 + 1040.17) / 2 ) / 516.051*365 / 2
=978.0915 / 516.051*365 / 2
=345.90

* 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.


China Haisheng Juice Holdings Co  (HKSE:00359) 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 Haisheng Juice Holdings Co's Inventory Turnover for the six months ended in Jun. 2021 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.

China Haisheng Juice Holdings Co's Inventory to Revenue for the six months ended in Jun. 2021 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.


China Haisheng Juice Holdings Co Days Inventory Related Terms

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China Haisheng Juice Holdings Co (HKSE:00359) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Room B, 3rd Floor, Eton Building, Hong Kong, HKG
China Haisheng Juice Holdings Co Ltd is a Hong Kong-based investment holding company. The company is principally engaged in fruit juice and agriculture businesses. The group has two operating segments: Fruit juice operation segment that manufactures and sells fruit juice concentrate and related products; and the Agriculture operation segment involves plantation and sale of apple saplings, apple and other fruits. The group has a global business presence from which key revenue is derived from the PRC.
Executives
Gao Liang 2202 Interest of your spouse
Xie Haiyan 2202 Interest of your spouse

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