YuanShengTai Dairy Farm (HKSE:01431) Days Inventory : 146.77 (As of Dec. 2023)

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What is YuanShengTai Dairy Farm Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). YuanShengTai Dairy Farm's Average Total Inventories for the six months ended in Dec. 2023 was HK$698 Mil. YuanShengTai Dairy Farm's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$867 Mil. Hence, YuanShengTai Dairy Farm's Days Inventory for the six months ended in Dec. 2023 was 146.77.

The historical rank and industry rank for YuanShengTai Dairy Farm's Days Inventory or its related term are showing as below:

HKSE:01431' s Days Inventory Range Over the Past 10 Years
Min: 99.34 Med: 136.61 Max: 180.32
Current: 156.39

During the past 12 years, YuanShengTai Dairy Farm's highest Days Inventory was 180.32. The lowest was 99.34. And the median was 136.61.

HKSE:01431's Days Inventory is ranked worse than
78.34% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 83.685 vs HKSE:01431: 156.39

YuanShengTai Dairy Farm's Days Inventory increased from Dec. 2022 (122.28) to Dec. 2023 (146.77). It might indicate that YuanShengTai Dairy Farm's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. YuanShengTai Dairy Farm's Inventory Turnover for the six months ended in Dec. 2023 was 1.24.

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. YuanShengTai Dairy Farm's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.57.

YuanShengTai Dairy Farm Days Inventory Historical Data

The historical data trend for YuanShengTai Dairy Farm'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.

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YuanShengTai Dairy Farm Days Inventory Chart

YuanShengTai Dairy Farm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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109.19

99.34

119.56

160.94

180.32

YuanShengTai Dairy Farm Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															94.55	108.85	122.28	142.18	146.77

Competitive Comparison of YuanShengTai Dairy Farm's Days Inventory

For the Farm Products subindustry, YuanShengTai Dairy Farm'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.

YuanShengTai Dairy Farm's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YuanShengTai Dairy Farm's Days Inventory distribution charts can be found below:

* The bar in red indicates where YuanShengTai Dairy Farm's Days Inventory falls into.

YuanShengTai Dairy Farm Days Inventory Calculation

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

YuanShengTai Dairy Farm'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
=	( (879.462	+	868.97)	/	2 )	/	1769.561	*	365
=	874.216					/	1769.561	*	365
=	180.32

YuanShengTai Dairy Farm'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
=	( (526.212	+	868.97)	/	2 )	/	867.429	*	365 / 2
=	697.591					/	867.429	*	365 / 2
=	146.77

YuanShengTai Dairy Farm (HKSE:01431) 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.

YuanShengTai Dairy Farm's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	867.429	/	697.591
	=	1.24

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.

YuanShengTai Dairy Farm's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	697.591	/	1232.361
	=	0.57

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.

YuanShengTai Dairy Farm Days Inventory Related Terms

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

YuanShengTai Dairy Farm (HKSE:01431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YuanShengTai Dairy Farm Ltd (HKSE:01431) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingxiang Street, Kedong County, Heilongjiang Province, Qiqihar, CHN

Website

http://www.ystdfarm.com

YuanShengTai Dairy Farm Ltd is a China-based dairy farming company. Along with its subsidiaries, it principally engages in the production and sale of milk in the People's Republic of China. Its dairy farms are in Heilongjiang and Jilin province, which includes Gannan Oumei Farm, Kedong Oumei Farm, Kedong YST Farm, Zhenlai Farm Phase I, Kedong Yongjin Farm, Baiquan Ruixincheng Farm, and Keshan Farm. The group generates revenue from its operations mainly in Mainland China.

Executives

Leng Youbin	2201 Interest of corporation controlled by you
China Feihe Limited	2101 Beneficial owner
Garland Glory Holdings Limited	2201 Interest of corporation controlled by you
Harneys Trustees Limited	2301 Trustee
Lyb International Holding Limited	2201 Interest of corporation controlled by you

YuanShengTai Dairy Farm (HKSE:01431) Headlines

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