GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guodian Technology & Environment Group Corp Ltd (HKSE:01296) » Definitions » Days Inventory

Guodian Technology & Environment Group (HKSE:01296) Days Inventory : 72.84 (As of Dec. 2021)


View and export this data going back to 2011. Start your Free Trial

What is Guodian Technology & Environment Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guodian Technology & Environment Group's Average Total Inventories for the six months ended in Dec. 2021 was HK$3,552 Mil. Guodian Technology & Environment Group's Cost of Goods Sold for the six months ended in Dec. 2021 was HK$8,900 Mil. Hence, Guodian Technology & Environment Group's Days Inventory for the six months ended in Dec. 2021 was 72.84.

The historical rank and industry rank for Guodian Technology & Environment Group's Days Inventory or its related term are showing as below:

HKSE:01296's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.59
* Ranked among companies with meaningful Days Inventory only.

Guodian Technology & Environment Group's Days Inventory declined from Dec. 2020 (88.98) to Dec. 2021 (72.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guodian Technology & Environment Group's Inventory Turnover for the six months ended in Dec. 2021 was 2.51.

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. Guodian Technology & Environment Group's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.39.


Guodian Technology & Environment Group Days Inventory Historical Data

The historical data trend for Guodian Technology & Environment 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.

Guodian Technology & Environment Group Days Inventory Chart

Guodian Technology & Environment Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.23 131.46 144.91 126.79 90.81

Guodian Technology & Environment Group Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 123.40 220.87 88.98 218.68 72.84

Competitive Comparison of Guodian Technology & Environment Group's Days Inventory

For the Pollution & Treatment Controls subindustry, Guodian Technology & Environment 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.


Guodian Technology & Environment Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guodian Technology & Environment Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guodian Technology & Environment Group's Days Inventory falls into.



Guodian Technology & Environment Group Days Inventory Calculation

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

Guodian Technology & Environment Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (5818.364 + 1098.71) / 2 ) / 13901.044*365
=3458.537 / 13901.044*365
=90.81

Guodian Technology & Environment Group's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (6005.66 + 1098.71) / 2 ) / 8900.205*365 / 2
=3552.185 / 8900.205*365 / 2
=72.84

* 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.


Guodian Technology & Environment Group  (HKSE:01296) 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.

Guodian Technology & Environment Group's Inventory Turnover for the six months ended in Dec. 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.

Guodian Technology & Environment Group's Inventory to Revenue for the six months ended in Dec. 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.


Guodian Technology & Environment Group Days Inventory Related Terms

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


Guodian Technology & Environment Group (HKSE:01296) Business Description

Traded in Other Exchanges
N/A
Address
W.4th Ring Middle Road, Suite 1101, 11th Floor, Building 1, Yard 16, Haidian District, Beijing, CHN, 100039
Guodian Technology & Environment Group Corp Ltd together with its subsidiaries offers flagship platform for environmental protection and energy conservation solutions businesses. It operates in the following segments: Environmental Protection; Energy Conservation Solutions; Wind Power Products and Services; and All Others. The Environmental Protection segment offers environmental protection products and services which mainly consist of sulphur oxide, nitrogen oxide control technologies, rental of desulphurization and denitrification facilities. Energy Conservation Solutions segment which derives the majority of revenue covers energy-saving products and services. Wind Power Products and Services segment manufactures and sells wind turbine parts and components.

Guodian Technology & Environment Group (HKSE:01296) Headlines

No Headlines