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Guizhou Zhongyida Co (SHSE:600610) Days Inventory : 42.57 (As of Dec. 2024)


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What is Guizhou Zhongyida Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guizhou Zhongyida Co's Average Total Inventories for the three months ended in Dec. 2024 was ¥119 Mil. Guizhou Zhongyida Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥255 Mil. Hence, Guizhou Zhongyida Co's Days Inventory for the three months ended in Dec. 2024 was 42.57.

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

SHSE:600610' s Days Inventory Range Over the Past 10 Years
Min: 56.33   Med: 80.9   Max: 9743.89
Current: 65.52

During the past 13 years, Guizhou Zhongyida Co's highest Days Inventory was 9743.89. The lowest was 56.33. And the median was 80.90.

SHSE:600610's Days Inventory is ranked better than
61.31% of 1499 companies
in the Chemicals industry
Industry Median: 77.63 vs SHSE:600610: 65.52

Guizhou Zhongyida Co's Days Inventory declined from Dec. 2023 (59.55) to Dec. 2024 (42.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guizhou Zhongyida Co's Inventory Turnover for the three months ended in Dec. 2024 was 2.14.

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. Guizhou Zhongyida Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.41.


Guizhou Zhongyida Co Days Inventory Historical Data

The historical data trend for Guizhou Zhongyida 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.

Guizhou Zhongyida Co Days Inventory Chart

Guizhou Zhongyida Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.33 61.34 77.54 80.90 62.69

Guizhou Zhongyida Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 59.55 77.78 76.52 67.71 42.57

Competitive Comparison of Guizhou Zhongyida Co's Days Inventory

For the Specialty Chemicals subindustry, Guizhou Zhongyida 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.


Guizhou Zhongyida Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Guizhou Zhongyida Co's Days Inventory falls into.


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Guizhou Zhongyida Co Days Inventory Calculation

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

Guizhou Zhongyida Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (234.058 + 109.382) / 2 ) / 999.837*365
=171.72 / 999.837*365
=62.69

Guizhou Zhongyida Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (128.773 + 109.382) / 2 ) / 255.267*365 / 4
=119.0775 / 255.267*365 / 4
=42.57

* 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.


Guizhou Zhongyida Co  (SHSE:600610) 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.

Guizhou Zhongyida Co's Inventory Turnover for the three months ended in Dec. 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.

Guizhou Zhongyida Co's Inventory to Revenue for the three months ended in Dec. 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.


Guizhou Zhongyida Co Days Inventory Related Terms

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


Guizhou Zhongyida Co Business Description

Traded in Other Exchanges
Address
Wengfu Industrial Park, Room 201, Office Building, Qiannan Buyi and Miao Autonomous Prefecture, Machangping, Guizhou Province, Fuquan, CHN, 200086
Guizhou Zhongyida Co Ltd is engaged in the production and sales of fine chemical products.
Executives
Chen He Wen Director
Shi Li Fen senior management
Hu Xia Juan Supervisors

Guizhou Zhongyida Co Headlines

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