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Ximei Resources Holding (HKSE:09936) Days Inventory : 182.25 (As of Dec. 2023)


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What is Ximei Resources Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ximei Resources Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$666 Mil. Ximei Resources Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$667 Mil. Hence, Ximei Resources Holding's Days Inventory for the six months ended in Dec. 2023 was 182.25.

The historical rank and industry rank for Ximei Resources Holding's Days Inventory or its related term are showing as below:

HKSE:09936' s Days Inventory Range Over the Past 10 Years
Min: 57.1   Med: 146.29   Max: 202.4
Current: 193.66

During the past 8 years, Ximei Resources Holding's highest Days Inventory was 202.40. The lowest was 57.10. And the median was 146.29.

HKSE:09936's Days Inventory is ranked worse than
88.08% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs HKSE:09936: 193.66

Ximei Resources Holding's Days Inventory declined from Dec. 2022 (226.88) to Dec. 2023 (182.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ximei Resources Holding's Inventory Turnover for the six months ended in Dec. 2023 was 1.00.

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. Ximei Resources Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.79.


Ximei Resources Holding Days Inventory Historical Data

The historical data trend for Ximei Resources Holding'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.

Ximei Resources Holding Days Inventory Chart

Ximei Resources Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 122.31 166.37 168.84 202.40 201.04

Ximei Resources Holding Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.77 222.14 226.88 199.74 182.25

Competitive Comparison of Ximei Resources Holding's Days Inventory

For the Specialty Chemicals subindustry, Ximei Resources Holding'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.


Ximei Resources Holding's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ximei Resources Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ximei Resources Holding's Days Inventory falls into.



Ximei Resources Holding Days Inventory Calculation

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

Ximei Resources Holding'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
=( (570.641 + 745.97) / 2 ) / 1195.222*365
=658.3055 / 1195.222*365
=201.04

Ximei Resources Holding'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
=( (585.899 + 745.97) / 2 ) / 666.856*365 / 2
=665.9345 / 666.856*365 / 2
=182.25

* 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.


Ximei Resources Holding  (HKSE:09936) 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.

Ximei Resources Holding's Inventory Turnover for the six 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.

Ximei Resources Holding's Inventory to Revenue for the six 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.


Ximei Resources Holding Days Inventory Related Terms

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


Ximei Resources Holding (HKSE:09936) Business Description

Traded in Other Exchanges
N/A
Address
Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN
Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloy, chemical, electronic ceramics, aeronautics, aerospace, high-end electronics, defence and hard alloy. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, niobium bars and niobium powder, which are produced by engaging third-party metallurgy companies to process the pentoxide products and potassium heptafluorotantalate it produces or purchased from third-party metallurgy companies.

Ximei Resources Holding (HKSE:09936) Headlines

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