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Black Peony (Group) Co (SHSE:600510) Days Inventory : 1,781.49 (As of Sep. 2024)


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What is Black Peony (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Black Peony (Group) Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥9,253 Mil. Black Peony (Group) Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥474 Mil. Hence, Black Peony (Group) Co's Days Inventory for the three months ended in Sep. 2024 was 1,781.49.

The historical rank and industry rank for Black Peony (Group) Co's Days Inventory or its related term are showing as below:

SHSE:600510' s Days Inventory Range Over the Past 10 Years
Min: 385.89   Med: 644.34   Max: 1366
Current: 1366

During the past 13 years, Black Peony (Group) Co's highest Days Inventory was 1366.00. The lowest was 385.89. And the median was 644.34.

SHSE:600510's Days Inventory is ranked worse than
98.01% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs SHSE:600510: 1366.00

Black Peony (Group) Co's Days Inventory increased from Sep. 2023 (314.45) to Sep. 2024 (1,781.49). It might indicate that Black Peony (Group) 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. Black Peony (Group) Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.05.

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. Black Peony (Group) Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 16.14.


Black Peony (Group) Co Days Inventory Historical Data

The historical data trend for Black Peony (Group) 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.

Black Peony (Group) Co Days Inventory Chart

Black Peony (Group) 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 832.94 731.09 714.23 524.08 622.19

Black Peony (Group) 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 314.45 781.76 2,997.45 1,309.20 1,781.49

Competitive Comparison of Black Peony (Group) Co's Days Inventory

For the Textile Manufacturing subindustry, Black Peony (Group) 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.


Black Peony (Group) Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Black Peony (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Black Peony (Group) Co's Days Inventory falls into.



Black Peony (Group) Co Days Inventory Calculation

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

Black Peony (Group) 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
=( (11085.766 + 8989.277) / 2 ) / 5888.354*365
=10037.5215 / 5888.354*365
=622.19

Black Peony (Group) 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
=( (9211.352 + 9294.447) / 2 ) / 473.945*365 / 4
=9252.8995 / 473.945*365 / 4
=1,781.49

* 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.


Black Peony (Group) Co  (SHSE:600510) 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.

Black Peony (Group) 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.

Black Peony (Group) 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.


Black Peony (Group) Co Days Inventory Related Terms

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


Black Peony (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 47 Qing Yang Bei Lu, Tianning Qu, Jiangsu Sheng, Changshu, CHN, 213017
Black Peony (Group) Co Ltd is a China-based company engaged in the manufacture and sale of jeans, clothes, and yarn-dyed-fabrics. The company products include denim fabric and denim garments.
Executives
Liu Zheng Yi Supervisors
Hui Ru senior management
Chen Qiang senior management
Zhao Wen Jun senior management
Ge Wei Long Directors, senior managers
Ge Ya Fang Director
Yun Ling Li senior management
Deng Jian Jun Director
He Xiao Qing senior management
Shi Rong Fei senior management
Gao Guo Wei senior management
Mei Ji Qing Supervisors
Zhou Ming senior management
Dai Bo Chun Director
Zhou Shun Sheng senior management

Black Peony (Group) Co Headlines

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