GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Days Inventory

JiaChen Holding Group (HKSE:01937) Days Inventory : 126.72 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is JiaChen Holding Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JiaChen Holding Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$59.2 Mil. JiaChen Holding Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$85.2 Mil. Hence, JiaChen Holding Group's Days Inventory for the six months ended in Jun. 2024 was 126.72.

The historical rank and industry rank for JiaChen Holding Group's Days Inventory or its related term are showing as below:

HKSE:01937' s Days Inventory Range Over the Past 10 Years
Min: 55.18   Med: 83.38   Max: 219.14
Current: 102.28

During the past 8 years, JiaChen Holding Group's highest Days Inventory was 219.14. The lowest was 55.18. And the median was 83.38.

HKSE:01937's Days Inventory is ranked worse than
70.65% of 1455 companies
in the Construction industry
Industry Median: 47.67 vs HKSE:01937: 102.28

JiaChen Holding Group's Days Inventory declined from Jun. 2023 (133.78) to Jun. 2024 (126.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. JiaChen Holding Group's Inventory Turnover for the six months ended in Jun. 2024 was 1.44.

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. JiaChen Holding Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.51.


JiaChen Holding Group Days Inventory Historical Data

The historical data trend for JiaChen Holding 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.

JiaChen Holding Group Days Inventory Chart

JiaChen Holding Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 55.18 74.22 69.44 100.46 92.53

JiaChen Holding Group Semi-Annual Data
Dec16 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 152.64 98.80 133.78 82.29 126.72

Competitive Comparison of JiaChen Holding Group's Days Inventory

For the Building Products & Equipment subindustry, JiaChen Holding 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.


JiaChen Holding Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, JiaChen Holding Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where JiaChen Holding Group's Days Inventory falls into.



JiaChen Holding Group Days Inventory Calculation

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

JiaChen Holding Group'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
=( (50.948 + 54.701) / 2 ) / 208.373*365
=52.8245 / 208.373*365
=92.53

JiaChen Holding Group'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
=( (54.701 + 63.659) / 2 ) / 85.227*365 / 2
=59.18 / 85.227*365 / 2
=126.72

* 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.


JiaChen Holding Group  (HKSE:01937) 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.

JiaChen Holding Group'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.

JiaChen Holding Group'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.


JiaChen Holding Group Days Inventory Related Terms

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


JiaChen Holding Group Business Description

Traded in Other Exchanges
N/A
Address
No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN
JiaChen Holding Group Ltd is engaged in the manufacturing and sales of access flooring products and provides related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. The geographical presence of the company is in Hong Kong, PRC, and Other countries and regions. It generates the majority of its revenue from the PRC.
Executives
Shen Min 2201 Interest of corporation controlled by you
Zhang Yaying 2202 Interest of your spouse
Global Yunhong Group Limited 2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Liu Hui 2202 Interest of your spouse
Shen Minghui 2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si 2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si 2101 Beneficial owner

JiaChen Holding Group Headlines

No Headlines