The historical rank and industry rank for Wuhan Youji Holdings's Days Inventory or its related term are showing as below:
HKSE:02881'
s Days Inventory Range Over the Past 10 Years
Min: 37.44 Med: 49.14 Max: 51.88
Current: 37.44
During the past 3 years, Wuhan Youji Holdings's highest Days Inventory was 51.88. The lowest was 37.44. And the median was 49.14.
HKSE:02881's Days Inventory is ranked better than 86.11% of 1497
companies
in the Chemicals industry
Industry Median: 77.63
vs HKSE:02881: 37.44
Wuhan Youji Holdings's Days Inventory
declined
from Jun. 2023 (55.41) to Jun. 2024 (35.21).
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.
Wuhan Youji Holdings's Inventory Turnover for the
six
months ended in Jun. 2024 was 5.18.
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.
Wuhan Youji Holdings's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.17.
Wuhan Youji Holdings Days Inventory Historical Data
The historical data trend for Wuhan Youji Holdings'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.
Wuhan Youji Holdings Days Inventory Chart
Wuhan Youji Holdings Annual Data
Trend
Dec21
Dec22
Dec23
Days Inventory
51.88
49.14
47.62
Wuhan Youji Holdings Semi-Annual Data
Dec21
Dec22
Jun23
Dec23
Jun24
Days Inventory
-
-
55.41
41.02
35.21
Competitive Comparison of Wuhan Youji Holdings's Days Inventory
For the Chemicals subindustry, Wuhan Youji Holdings'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.
Wuhan Youji Holdings's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Wuhan Youji Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wuhan Youji Holdings's Days Inventory falls into.
Wuhan Youji Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wuhan Youji Holdings'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.
Wuhan Youji Holdings (HKSE:02881) 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.
Wuhan Youji Holdings'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.
Wuhan Youji Holdings'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.
Wuhan Youji Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Wuhan Youji Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wuhan Youji Holdings Ltd is a toluene derivative products provider in the PRC. It is focusing on the manufacture of toluene oxidation and chlorination products, benzoic acid ammonification products and other fine chemical products through organic synthesis process. Toluene derivative products are primarily used for food preservatives, household chemicals, animal feed acidifier and synthetic intermediates for agrochemical and pharmaceutical uses. It sells its products in over 70 countries.
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