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Bluestar Adisseo Co (SHSE:600299) Days Inventory : 66.16 (As of Sep. 2024)


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What is Bluestar Adisseo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bluestar Adisseo Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥2,112 Mil. Bluestar Adisseo Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥2,913 Mil. Hence, Bluestar Adisseo Co's Days Inventory for the three months ended in Sep. 2024 was 66.16.

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

SHSE:600299' s Days Inventory Range Over the Past 10 Years
Min: 50.98   Med: 81.99   Max: 87.88
Current: 69.73

During the past 13 years, Bluestar Adisseo Co's highest Days Inventory was 87.88. The lowest was 50.98. And the median was 81.99.

SHSE:600299's Days Inventory is ranked better than
58.54% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs SHSE:600299: 69.73

Bluestar Adisseo Co's Days Inventory declined from Sep. 2023 (66.57) to Sep. 2024 (66.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bluestar Adisseo Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.38.

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. Bluestar Adisseo Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.51.


Bluestar Adisseo Co Days Inventory Historical Data

The historical data trend for Bluestar Adisseo 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.

Bluestar Adisseo Co Days Inventory Chart

Bluestar Adisseo 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 85.52 84.40 81.24 76.32 75.58

Bluestar Adisseo 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 66.57 66.40 75.33 70.82 66.16

Competitive Comparison of Bluestar Adisseo Co's Days Inventory

For the Chemicals subindustry, Bluestar Adisseo 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.


Bluestar Adisseo Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bluestar Adisseo Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bluestar Adisseo Co's Days Inventory falls into.



Bluestar Adisseo Co Days Inventory Calculation

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

Bluestar Adisseo 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
=( (2371.157 + 1921.56) / 2 ) / 10365.457*365
=2146.3585 / 10365.457*365
=75.58

Bluestar Adisseo 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
=( (2039.027 + 2185.108) / 2 ) / 2912.933*365 / 4
=2112.0675 / 2912.933*365 / 4
=66.16

* 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.


Bluestar Adisseo Co  (SHSE:600299) 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.

Bluestar Adisseo 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.

Bluestar Adisseo 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.


Bluestar Adisseo Co Days Inventory Related Terms

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


Bluestar Adisseo Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Beitucheng West Road, Chaoyang District, Beijing, CHN, 100029
Bluestar Adisseo Co is a China-based company engaged in the business of development, production, and sale of animal nutrition additives. Its products are Roddy US, Michael dimensional, ROVABIO, Hillier selenium, AdiSodium, and others. In addition, it also provides the customers with services such as Precision Nutrition Analysis service, Liquid Addition Solution, and E-lab service. The company's products are sold in China and other international countries.

Bluestar Adisseo Co Headlines

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