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Xi'an Typical Industries Co (SHSE:600302) Days Inventory : 308.18 (As of Mar. 2024)


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What is Xi'an Typical Industries Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xi'an Typical Industries Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥331.4 Mil. Xi'an Typical Industries Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥98.1 Mil. Hence, Xi'an Typical Industries Co's Days Inventory for the three months ended in Mar. 2024 was 308.18.

The historical rank and industry rank for Xi'an Typical Industries Co's Days Inventory or its related term are showing as below:

SHSE:600302' s Days Inventory Range Over the Past 10 Years
Min: 106.73   Med: 312.56   Max: 398.15
Current: 328.53

During the past 13 years, Xi'an Typical Industries Co's highest Days Inventory was 398.15. The lowest was 106.73. And the median was 312.56.

SHSE:600302's Days Inventory is ranked worse than
91.38% of 2912 companies
in the Industrial Products industry
Industry Median: 120.82 vs SHSE:600302: 328.53

Xi'an Typical Industries Co's Days Inventory increased from Mar. 2023 (268.94) to Mar. 2024 (308.18). It might indicate that Xi'an Typical Industries 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. Xi'an Typical Industries Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.30.

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. Xi'an Typical Industries Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.79.


Xi'an Typical Industries Co Days Inventory Historical Data

The historical data trend for Xi'an Typical Industries 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.

Xi'an Typical Industries Co Days Inventory Chart

Xi'an Typical Industries 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 398.15 204.03 106.73 145.57 309.37

Xi'an Typical Industries Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 268.94 318.50 338.93 360.92 308.18

Competitive Comparison of Xi'an Typical Industries Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Xi'an Typical Industries 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.


Xi'an Typical Industries Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xi'an Typical Industries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xi'an Typical Industries Co's Days Inventory falls into.



Xi'an Typical Industries Co Days Inventory Calculation

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

Xi'an Typical Industries 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
=( (356.44 + 336.928) / 2 ) / 409.029*365
=346.684 / 409.029*365
=309.37

Xi'an Typical Industries Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (336.928 + 325.826) / 2 ) / 98.117*365 / 4
=331.377 / 98.117*365 / 4
=308.18

* 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.


Xi'an Typical Industries Co  (SHSE:600302) 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.

Xi'an Typical Industries Co's Inventory Turnover for the three months ended in Mar. 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.

Xi'an Typical Industries Co's Inventory to Revenue for the three months ended in Mar. 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.


Xi'an Typical Industries Co Days Inventory Related Terms

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


Xi'an Typical Industries Co (SHSE:600302) Business Description

Traded in Other Exchanges
N/A
Address
No. 335 Taibai Road, Xi'an, Shanxi, CHN, 710068
Xi'an Typical Industries Co Ltd manufactures and supplies precision machinery. The company is mainly engaged in the research and development, manufacturing and marketing of a full range of sewing equipment, providing products and services for apparel, shoes and hats, luggage, furniture, home improvement, automotive and other fields.
Executives
Chen Jin Shan Director
Deng Bin senior management
Zhao Xu Director
Zhu Yin Director
Zheng Xuan senior management
Huang Wei senior management
Yu Shou Qi senior management
Yuan Zeng Sheng senior management
Geng Li Ping Director

Xi'an Typical Industries Co (SHSE:600302) Headlines

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