The historical rank and industry rank for Dongguang Chemical's Days Inventory or its related term are showing as below:
HKSE:01702'
s Days Inventory Range Over the Past 10 Years
Min: 13.47 Med: 17.1 Max: 20.93
Current: 13.47
During the past 10 years, Dongguang Chemical's highest Days Inventory was 20.93. The lowest was 13.47. And the median was 17.10.
HKSE:01702's Days Inventory is ranked better than 97.8% of 1498
companies
in the Chemicals industry
Industry Median: 78.25
vs HKSE:01702: 13.47
Dongguang Chemical's Days Inventory
increased
from Jun. 2023 (11.42) to Jun. 2024 (15.21).
It might indicate that Dongguang Chemical's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Dongguang Chemical's Inventory Turnover for the
six
months ended in Jun. 2024 was 12.00.
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.
Dongguang Chemical's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.07.
Dongguang Chemical Days Inventory Historical Data
The historical data trend for Dongguang Chemical'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.
Competitive Comparison of Dongguang Chemical's Days Inventory
For the Chemicals subindustry, Dongguang Chemical'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.
Dongguang Chemical's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Dongguang Chemical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dongguang Chemical's Days Inventory falls into.
Dongguang Chemical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dongguang Chemical's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Dongguang Chemical (HKSE:01702) 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.
Dongguang Chemical'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.
Dongguang Chemical'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.
Dongguang Chemical Days Inventory Related Terms
Thank you for viewing the detailed overview of Dongguang Chemical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dongguang Chemical Ltd is a coal-based urea producer. It produces and sells urea. It also produces and sells other by-products of urea which includes vehicle urea solution, including methanol, liquid carbon dioxide, and liquefied natural gas (LNG). The group's product and application of urea can be broadly categorized into agricultural and industrial uses. Its products are used in wide industrial applications, such as the production of adhesives, coatings plastics, and cosmetics. The group generates the majority of its revenue from sales of urea by-products.
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