The historical rank and industry rank for China Modern Dairy Holdings's Days Inventory or its related term are showing as below:
HKSE:01117'
s Days Inventory Range Over the Past 10 Years
Min: 56.92 Med: 108.05 Max: 133.5
Current: 86.79
During the past 13 years, China Modern Dairy Holdings's highest Days Inventory was 133.50. The lowest was 56.92. And the median was 108.05.
HKSE:01117's Days Inventory is ranked worse than 53.45% of 1811
companies
in the Consumer Packaged Goods industry
Industry Median: 81.87
vs HKSE:01117: 86.79
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Modern Dairy Holdings's Inventory Turnover for the
six
months ended in Jun. 2024 was 1.93.
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 Modern Dairy Holdings's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.38.
China Modern Dairy Holdings Days Inventory Historical Data
* 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.
Competitive Comparison of China Modern Dairy Holdings's Days Inventory
For the Farm Products subindustry, China Modern Dairy Holdings'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 Modern Dairy Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Modern Dairy Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Modern Dairy Holdings's Days Inventory falls into.
China Modern Dairy Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
* 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 Modern Dairy Holdings (HKSE:01117) 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 Modern Dairy Holdings's Inventory Turnover for the
six
months ended in Jun. 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.
China Modern Dairy Holdings's Inventory to Revenue for the
six
months ended in Jun. 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.
China Modern Dairy Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of China Modern Dairy Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Modern Dairy Holdings Ltd operates in the Chinese food industry. Its primary business includes the production of milk and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products and Liquid Milk products business which relates to its sale of liquid milk products. It also engaged in new business areas such as feed business, intelligent e-commerce platforms, and forage grass planting. Its segments are Raw milk business, Offline feed business, and Digital intelligence platform business. It generates the majority of its revenue from the Raw milk business that engages in raising and breeding dairy cows to produce and sell raw milk.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01117 has been successfully added to your 