China PengFei Group (HKSE:03348) Days Inventory : 257.02 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is China PengFei Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China PengFei Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$777 Mil. China PengFei Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$551 Mil. Hence, China PengFei Group's Days Inventory for the six months ended in Jun. 2024 was 257.02.

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

HKSE:03348' s Days Inventory Range Over the Past 10 Years
Min: 92.6 Med: 177.75 Max: 268.44
Current: 257.13

During the past 8 years, China PengFei Group's highest Days Inventory was 268.44. The lowest was 92.60. And the median was 177.75.

HKSE:03348's Days Inventory is ranked worse than
85.15% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs HKSE:03348: 257.13

China PengFei Group's Days Inventory declined from Jun. 2023 (268.28) to Jun. 2024 (257.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. China PengFei Group's Inventory Turnover for the six months ended in Jun. 2024 was 0.71.

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. China PengFei Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 1.14.

China PengFei Group Days Inventory Historical Data

The historical data trend for China PengFei 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.

China PengFei Group Days Inventory Chart

China PengFei Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

177.46

191.23

178.04

268.44

237.98

China PengFei Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial									227.07	300.25	268.28	246.91	257.02

Competitive Comparison of China PengFei Group's Days Inventory

For the Specialty Industrial Machinery subindustry, China PengFei 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.

China PengFei Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China PengFei Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China PengFei Group's Days Inventory falls into.

China PengFei Group Days Inventory Calculation

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

China PengFei 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
=	( (1119.845	+	812.763)	/	2 )	/	1482.038	*	365
=	966.304					/	1482.038	*	365
=	237.98

China PengFei 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
=	( (812.763	+	740.357)	/	2 )	/	551.4	*	365 / 2
=	776.56					/	551.4	*	365 / 2
=	257.02

China PengFei Group (HKSE:03348) 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.

China PengFei Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	551.4	/	776.56
	=	0.71

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.

China PengFei Group's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	776.56	/	681.137
	=	1.14

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.

China PengFei Group Days Inventory Related Terms

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

China PengFei Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China PengFei Group Ltd (HKSE:03348) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Benjiaji, Beijiao, Jiangsu Province, Haian, CHN

Website

http://www.pengfei.com.cn

China PengFei Group Ltd is engaged in equipment manufacturing and installation, and construction of production line business. It manufactures Rotary kilns, Grinding equipment, and their related equipment in the PRC and various markets. The group derives prime revenue from Mainland China.

Executives

Ambon Holding Limited	2101 Beneficial owner
Wang Jiaan	2201 Interest of corporation controlled by you
Pf International Group Limited	2101 Beneficial owner
Pf Global Limited	2101 Beneficial owner

China PengFei Group Headlines

No Headlines