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Shanghai Prosolar Resources Development Co (SHSE:600193) Days Inventory : 0.00 (As of Sep. 2024)


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What is Shanghai Prosolar Resources Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Prosolar Resources Development Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥0.00 Mil. Shanghai Prosolar Resources Development Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥3.32 Mil. Hence, Shanghai Prosolar Resources Development Co's Days Inventory for the three months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Shanghai Prosolar Resources Development Co's Days Inventory or its related term are showing as below:

During the past 13 years, Shanghai Prosolar Resources Development Co's highest Days Inventory was 285.29. The lowest was 0.02. And the median was 52.94.

SHSE:600193's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 48.145
* Ranked among companies with meaningful Days Inventory only.

Shanghai Prosolar Resources Development Co's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Shanghai Prosolar Resources Development Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Shanghai Prosolar Resources Development Co Days Inventory Historical Data

The historical data trend for Shanghai Prosolar Resources Development 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.

Shanghai Prosolar Resources Development Co Days Inventory Chart

Shanghai Prosolar Resources Development Co 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 17.69 0.02 0.04 0.06 0.20

Shanghai Prosolar Resources Development Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Shanghai Prosolar Resources Development Co's Days Inventory

For the Engineering & Construction subindustry, Shanghai Prosolar Resources Development 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.


Shanghai Prosolar Resources Development Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanghai Prosolar Resources Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Prosolar Resources Development Co's Days Inventory falls into.



Shanghai Prosolar Resources Development Co Days Inventory Calculation

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

Shanghai Prosolar Resources Development 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
=( (0.059 + 0) / 1 ) / 109.63*365
=0.059 / 109.63*365
=0.20

Shanghai Prosolar Resources Development Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 3.322*365 / 4
=0 / 3.322*365 / 4
=0.00

* 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.


Shanghai Prosolar Resources Development Co  (SHSE:600193) 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.

Shanghai Prosolar Resources Development Co's Inventory Turnover for the three months ended in Sep. 2024 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.

Shanghai Prosolar Resources Development Co's Inventory to Revenue for the three months ended in Sep. 2024 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.


Shanghai Prosolar Resources Development Co Days Inventory Related Terms

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


Shanghai Prosolar Resources Development Co Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, No. 1388 Kangqiao Road, Pudong New District, Shanghai, CHN, 201315
Website
Shanghai Prosolar Resources Development Co Ltd is engaged in general contracting for construction of theme park venues, high-end hotels and residences, general contracting for interior decoration, BIM modeling consulting services and product sales for engineering projects.
Executives
Chen Wen Hua Supervisors
Lu De Jian senior management
Chen Rong Sheng Director

Shanghai Prosolar Resources Development Co Headlines

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