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V V Food & Beverage Co (SHSE:600300) Days Inventory : 99.20 (As of Sep. 2024)


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What is V V Food & Beverage Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). V V Food & Beverage Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥739 Mil. V V Food & Beverage Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥680 Mil. Hence, V V Food & Beverage Co's Days Inventory for the three months ended in Sep. 2024 was 99.20.

The historical rank and industry rank for V V Food & Beverage Co's Days Inventory or its related term are showing as below:

SHSE:600300' s Days Inventory Range Over the Past 10 Years
Min: 64.28   Med: 118.38   Max: 335.51
Current: 102.19

During the past 13 years, V V Food & Beverage Co's highest Days Inventory was 335.51. The lowest was 64.28. And the median was 118.38.

SHSE:600300's Days Inventory is ranked worse than
62.26% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs SHSE:600300: 102.19

V V Food & Beverage Co's Days Inventory increased from Sep. 2023 (49.27) to Sep. 2024 (99.20). It might indicate that V V Food & Beverage Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. V V Food & Beverage Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.92.

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. V V Food & Beverage Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.78.


V V Food & Beverage Co Days Inventory Historical Data

The historical data trend for V V Food & Beverage 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.

V V Food & Beverage Co Days Inventory Chart

V V Food & Beverage 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 115.17 95.88 64.28 76.53 86.60

V V Food & Beverage 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 49.27 121.60 76.05 155.05 99.20

Competitive Comparison of V V Food & Beverage Co's Days Inventory

For the Packaged Foods subindustry, V V Food & Beverage 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.


V V Food & Beverage Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, V V Food & Beverage Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where V V Food & Beverage Co's Days Inventory falls into.



V V Food & Beverage Co Days Inventory Calculation

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

V V Food & Beverage 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
=( (790.219 + 699.619) / 2 ) / 3139.772*365
=744.919 / 3139.772*365
=86.60

V V Food & Beverage 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
=( (697.401 + 780.977) / 2 ) / 679.98*365 / 4
=739.189 / 679.98*365 / 4
=99.20

* 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.


V V Food & Beverage Co  (SHSE:600300) 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.

V V Food & Beverage 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.

V V Food & Beverage 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.


V V Food & Beverage Co Days Inventory Related Terms

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


V V Food & Beverage Co Business Description

Traded in Other Exchanges
N/A
Address
No. 300 Weiwei Avenue, Jiangsu Province, Xuzhou, CHN, 221111
V V Food & Beverage Co Ltd is engaged the in various businesses, including agricultural resources, food and beverage, grain and oil processing, liquor, and tea. The products are offered under various brands such as VV, Tianshan Snow, SOYJOY, Liuchaosong, Zhijiang, and Guizhouchun.
Executives
Zhang Ming Yang Director

V V Food & Beverage Co Headlines

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