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Datang Environment Industry Group Co (HKSE:01272) Days Inventory : 15.93 (As of Jun. 2024)


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What is Datang Environment Industry Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Datang Environment Industry Group Co's Average Total Inventories for the six months ended in Jun. 2024 was HK$184 Mil. Datang Environment Industry Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,111 Mil. Hence, Datang Environment Industry Group Co's Days Inventory for the six months ended in Jun. 2024 was 15.93.

The historical rank and industry rank for Datang Environment Industry Group Co's Days Inventory or its related term are showing as below:

HKSE:01272' s Days Inventory Range Over the Past 10 Years
Min: 7.02   Med: 11.24   Max: 21.1
Current: 13.18

During the past 11 years, Datang Environment Industry Group Co's highest Days Inventory was 21.10. The lowest was 7.02. And the median was 11.24.

HKSE:01272's Days Inventory is ranked better than
62.44% of 221 companies
in the Waste Management industry
Industry Median: 20.88 vs HKSE:01272: 13.18

Datang Environment Industry Group Co's Days Inventory increased from Jun. 2023 (14.28) to Jun. 2024 (15.93). It might indicate that Datang Environment Industry Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Datang Environment Industry Group Co's Inventory Turnover for the six months ended in Jun. 2024 was 11.46.

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. Datang Environment Industry Group Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.07.


Datang Environment Industry Group Co Days Inventory Historical Data

The historical data trend for Datang Environment Industry Group 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.

Datang Environment Industry Group Co Days Inventory Chart

Datang Environment Industry Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.17 11.30 14.37 15.24 12.73

Datang Environment Industry Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 21.52 12.96 14.28 11.09 15.93

Competitive Comparison of Datang Environment Industry Group Co's Days Inventory

For the Waste Management subindustry, Datang Environment Industry Group 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.


Datang Environment Industry Group Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Datang Environment Industry Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Datang Environment Industry Group Co's Days Inventory falls into.



Datang Environment Industry Group Co Days Inventory Calculation

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

Datang Environment Industry Group Co'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
=( (171.849 + 177.32) / 2 ) / 5004.162*365
=174.5845 / 5004.162*365
=12.73

Datang Environment Industry Group Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (177.32 + 191.102) / 2 ) / 2110.666*365 / 2
=184.211 / 2110.666*365 / 2
=15.93

* 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.


Datang Environment Industry Group Co  (HKSE:01272) 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.

Datang Environment Industry Group Co'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.

Datang Environment Industry Group Co'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.


Datang Environment Industry Group Co Days Inventory Related Terms

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


Datang Environment Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
Number 120 Zizhuyuan Road, Haidian District, Beijing, CHN, 100097
Datang Environment Industry Group Co Ltd is engaged in environmental protection facility concession operation, denitrification catalysts, environmental protection facilities engineering, water treatment business, energy conservation business, and renewable energy engineering business. The company's segments include Environmental protection and energy conservation solutions, Renewable energy engineering, Thermal power engineering, and Other businesses. The environmental protection & energy conservation solutions segment generates the vast majority of the revenue. The company generates its revenue from PRC.
Executives
China Life Franklin Asset Management Co., Limited 2102 Investment manager
China Life Insurance (group) Company 2101 Beneficial owner
China Life Insurance (overseas) Company Limited 2101 Beneficial owner
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si 2201 Interest of corporation controlled by you

Datang Environment Industry Group Co Headlines

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