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Yunhong Guixin Group Holdings (HKSE:08349) Days Inventory : 41.60 (As of Dec. 2023)


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What is Yunhong Guixin Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yunhong Guixin Group Holdings's Average Total Inventories for the three months ended in Dec. 2023 was HK$4.46 Mil. Yunhong Guixin Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$9.79 Mil. Hence, Yunhong Guixin Group Holdings's Days Inventory for the three months ended in Dec. 2023 was 41.60.

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

HKSE:08349' s Days Inventory Range Over the Past 10 Years
Min: 35.33   Med: 55.16   Max: 88.19
Current: 68.23

During the past 10 years, Yunhong Guixin Group Holdings's highest Days Inventory was 88.19. The lowest was 35.33. And the median was 55.16.

HKSE:08349's Days Inventory is ranked worse than
58.51% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs HKSE:08349: 68.23

Yunhong Guixin Group Holdings's Days Inventory declined from Dec. 2022 (47.38) to Dec. 2023 (41.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yunhong Guixin Group Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.19.

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. Yunhong Guixin Group Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.36.


Yunhong Guixin Group Holdings Days Inventory Historical Data

The historical data trend for Yunhong Guixin Group 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.

Yunhong Guixin Group Holdings Days Inventory Chart

Yunhong Guixin Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.06 38.55 64.06 88.19 63.94

Yunhong Guixin Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.38 73.12 79.96 87.48 41.60

Competitive Comparison of Yunhong Guixin Group Holdings's Days Inventory

For the Building Products & Equipment subindustry, Yunhong Guixin Group 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.


Yunhong Guixin Group Holdings's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Yunhong Guixin Group Holdings's Days Inventory falls into.



Yunhong Guixin Group Holdings Days Inventory Calculation

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

Yunhong Guixin Group Holdings'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
=( (10.115 + 4.464) / 2 ) / 41.612*365
=7.2895 / 41.612*365
=63.94

Yunhong Guixin Group Holdings'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 4.464) / 1 ) / 9.792*365 / 4
=4.464 / 9.792*365 / 4
=41.60

* 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.


Yunhong Guixin Group Holdings  (HKSE:08349) 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.

Yunhong Guixin Group Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Yunhong Guixin Group Holdings's Inventory to Revenue for the three months 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.


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.


Yunhong Guixin Group Holdings Days Inventory Related Terms

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


Yunhong Guixin Group Holdings (HKSE:08349) Business Description

Traded in Other Exchanges
N/A
Address
66 South Oujiang Road, Haimen ETDZ Nantong, Jiangsu, Haimen, CHN, 226100
Yunhong Guixin Group Holdings Ltd is a manufacturer in the PRC engaged in the research and development, production, and sale of a variety of fiberglass reinforced plastic grating products. Its products consist of FRP grating products; phenolic grating products; and epoxy wedge strip products. The company operates into two segments: fiberglass business that involves research and development, production and sales of fiberglass reinforced plastic products in the PRC; and silica sand business consists sales of industrial silica sand materials in the PRC. Its products are widely applied in industries including petrochemical, electrical, marine engineering, plating, vessel, metallurgy, steel, papermaking, brewing, and municipal industry and are mainly used in the operating platform, and others.
Executives
Huang Xuechao 2101 Beneficial owner
Yan Qixu 2101 Beneficial owner
Li Yubao 2201 Interest of corporation controlled by you
Lf International Pte. Ltd. 2101 Beneficial owner
Wu Dong 2101 Beneficial owner
Yun Hong Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

Yunhong Guixin Group Holdings (HKSE:08349) Headlines

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