China Youran Dairy Group (HKSE:09858) Days Inventory : 96.71 (As of Jun. 2024)

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What is China Youran Dairy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Youran Dairy Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$4,111 Mil. China Youran Dairy Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$7,758 Mil. Hence, China Youran Dairy Group's Days Inventory for the six months ended in Jun. 2024 was 96.71.

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

HKSE:09858' s Days Inventory Range Over the Past 10 Years
Min: 59.97 Med: 79.36 Max: 119.39
Current: 91.85

During the past 6 years, China Youran Dairy Group's highest Days Inventory was 119.39. The lowest was 59.97. And the median was 79.36.

HKSE:09858's Days Inventory is ranked worse than
55.74% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 83.44 vs HKSE:09858: 91.85

China Youran Dairy Group's Days Inventory declined from Jun. 2023 (105.88) to Jun. 2024 (96.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Youran Dairy Group's Inventory Turnover for the six months ended in Jun. 2024 was 1.89.

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 Youran Dairy Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.38.

China Youran Dairy Group Days Inventory Historical Data

The historical data trend for China Youran Dairy 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.

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China Youran Dairy Group Days Inventory Chart

China Youran Dairy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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59.97

64.74

89.99

110.30

119.39

China Youran Dairy Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial						80.49	90.60	105.88	98.40	96.71

Competitive Comparison of China Youran Dairy Group's Days Inventory

For the Farm Products subindustry, China Youran Dairy 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 Youran Dairy Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Youran Dairy Group's Days Inventory distribution charts can be found below:

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

China Youran Dairy Group Days Inventory Calculation

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

China Youran Dairy 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
=	( (5249.982	+	4927.55)	/	2 )	/	15558.033	*	365
=	5088.766					/	15558.033	*	365
=	119.39

China Youran Dairy 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
=	( (4927.55	+	3294.598)	/	2 )	/	7757.625	*	365 / 2
=	4111.074					/	7757.625	*	365 / 2
=	96.71

China Youran Dairy Group (HKSE:09858) 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 Youran Dairy Group's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7757.625	/	4111.074
	=	1.89

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4111.074	/	10824.581
	=	0.38

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 Youran Dairy Group Days Inventory Related Terms

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

China Youran Dairy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Youran Dairy Group Ltd (HKSE:09858) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 169, Hexi Road, Saihan District, Inner Mongolia, Hohhot, CHN

Website

https://www.yourandairy.com

China Youran Dairy Group Ltd is primarily engaged in the production and sale of raw milk, and the trading, production, and sale of dairy farming products in China. The group operates through two business segments, namely, Raw Milk and Comprehensive Ruminant Farming Solutions. It provides premium raw milk to large-scale dairy manufacturers and offers ruminant farming products and services to dairy farms.

Executives

Pacific Alliance Group Limited	2201 Interest of corporation controlled by you
Pag	2201 Interest of corporation controlled by you
Pag Capital Limited	2201 Interest of corporation controlled by you
Shan Weijian	2201 Interest of corporation controlled by you
Pag Asia Capital Gp I Limited	2201 Interest of corporation controlled by you
Pag Asia I Lp	2201 Interest of corporation controlled by you
Pagac Yogurt Holding I Limited	2101 Beneficial owner
Pag Dairy Gp I Limited	2201 Interest of corporation controlled by you
Pag Dairy I Lp	2201 Interest of corporation controlled by you
Pagac Yogurt Holding Ii Limited	2101 Beneficial owner
Shan Weijian	2201 Interest of corporation controlled by you
Pagac Yogurt Holding Iii Limited	2101 Beneficial owner
Meadowland Investment Limited Partnership	2101 Beneficial owner
Nei Meng Gu Yi Li Shi Ye Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo You Ran Mu Ye Kong Gu You Xian Gong Si	2101 Beneficial owner

China Youran Dairy Group Headlines

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