Kangda International Environmental Co (HKSE:06136) Days Inventory : 5.81 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Kangda International Environmental Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kangda International Environmental Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$21 Mil. Kangda International Environmental Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$648 Mil. Hence, Kangda International Environmental Co's Days Inventory for the six months ended in Dec. 2023 was 5.81.

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

HKSE:06136' s Days Inventory Range Over the Past 10 Years
Min: 1.41 Med: 3.57 Max: 8.37
Current: 5.93

During the past 11 years, Kangda International Environmental Co's highest Days Inventory was 8.37. The lowest was 1.41. And the median was 3.57.

HKSE:06136's Days Inventory is ranked better than
80.74% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs HKSE:06136: 5.93

Kangda International Environmental Co's Days Inventory increased from Dec. 2022 (4.83) to Dec. 2023 (5.81). It might indicate that Kangda International Environmental Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kangda International Environmental Co's Inventory Turnover for the six months ended in Dec. 2023 was 31.41.

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. Kangda International Environmental Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Kangda International Environmental Co Days Inventory Historical Data

The historical data trend for Kangda International Environmental Co'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.

Kangda International Environmental Co Days Inventory Chart

Kangda International Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

3.14

2.50

3.62

4.06

5.75

Kangda International Environmental Co 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															3.64	3.46	4.83	6.23	5.81

Competitive Comparison of Kangda International Environmental Co's Days Inventory

For the Utilities - Regulated Water subindustry, Kangda International Environmental Co'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.

Kangda International Environmental Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kangda International Environmental Co's Days Inventory falls into.

Kangda International Environmental Co Days Inventory Calculation

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

Kangda International Environmental Co'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
=	( (19.522	+	19.789)	/	2 )	/	1247.331	*	365
=	19.6555					/	1247.331	*	365
=	5.75

Kangda International Environmental Co'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
=	( (21.447	+	19.789)	/	2 )	/	647.66	*	365 / 2
=	20.618					/	647.66	*	365 / 2
=	5.81

Kangda International Environmental Co (HKSE:06136) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	647.66	/	20.618
	=	31.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.618	/	1228.641
	=	0.02

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.

Kangda International Environmental Co Days Inventory Related Terms

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

Kangda International Environmental Co (HKSE:06136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN

Website

http://www.kangdaep.com

Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Salata Jean Eric	2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian)	2401 A concert party to an agreement to buy shares
Zhao Sizhen	2201 Interest of corporation controlled by you
Kangda Holdings Company Limited	2101 Beneficial owner
China Water Affairs Group Limited	2201 Interest of corporation controlled by you
Sharp Profit Investments Limited	2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

No Headlines