CNNC International (HKSE:02302) Days Inventory : 99.42 (As of Dec. 2023)

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What is CNNC International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CNNC International's Average Total Inventories for the six months ended in Dec. 2023 was HK$206.2 Mil. CNNC International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$378.4 Mil. Hence, CNNC International's Days Inventory for the six months ended in Dec. 2023 was 99.42.

The historical rank and industry rank for CNNC International's Days Inventory or its related term are showing as below:

HKSE:02302' s Days Inventory Range Over the Past 10 Years
Min: 3.15 Med: 76.16 Max: 372.03
Current: 130.95

During the past 13 years, CNNC International's highest Days Inventory was 372.03. The lowest was 3.15. And the median was 76.16.

HKSE:02302's Days Inventory is ranked worse than
86.96% of 115 companies
in the Other Energy Sources industry
Industry Median: 32.53 vs HKSE:02302: 130.95

CNNC International's Days Inventory increased from Dec. 2022 (76.96) to Dec. 2023 (99.42). It might indicate that CNNC International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. CNNC International's Inventory Turnover for the six months ended in Dec. 2023 was 1.84.

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. CNNC International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

CNNC International Days Inventory Historical Data

The historical data trend for CNNC International'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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CNNC International Days Inventory Chart

CNNC International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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25.67

96.77

3.15

17.48

147.94

CNNC International 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															2.24	21.74	76.96	237.98	99.42

Competitive Comparison of CNNC International's Days Inventory

For the Uranium subindustry, CNNC International'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.

CNNC International's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CNNC International's Days Inventory distribution charts can be found below:

* The bar in red indicates where CNNC International's Days Inventory falls into.

CNNC International Days Inventory Calculation

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

CNNC International'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
=	( (76.233	+	291.708)	/	2 )	/	453.905	*	365
=	183.9705					/	453.905	*	365
=	147.94

CNNC International'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
=	( (120.593	+	291.708)	/	2 )	/	378.434	*	365 / 2
=	206.1505					/	378.434	*	365 / 2
=	99.42

CNNC International (HKSE:02302) 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.

CNNC International's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	378.434	/	206.1505
	=	1.84

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.

CNNC International's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	206.1505	/	504.814
	=	0.41

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.

CNNC International Days Inventory Related Terms

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

CNNC International (HKSE:02302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CNNC International Ltd (HKSE:02302) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

U7MA:Germany

Address

No. 118 Connaught Road West, Unit 3009, 30th Floor, Hong Kong, HKG

Website

http://www.cnncintl.com

CNNC International Ltd is a Hong Kong-based investment holding company principally engaged in the trading of natural uranium. The Company operates its business through two segments. The Trading of Mineral Property segment is principally engaged in the trading of uranium products. The Exploration and Selling of Mineral Property segment is principally engaged in the exploration and trading of uranium mineral properties. The company's main suppliers come from countries and regions such as the United States, Europe, Kazakhstan and Hong Kong.

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