GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fujian Dongbai (Group) Co Ltd (SHSE:600693) » Definitions » Days Inventory

Fujian Dongbai (Group) Co (SHSE:600693) Days Inventory : 1,126.88 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Fujian Dongbai (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fujian Dongbai (Group) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,658 Mil. Fujian Dongbai (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥215 Mil. Hence, Fujian Dongbai (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 1,126.88.

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

SHSE:600693' s Days Inventory Range Over the Past 10 Years
Min: 312.64   Med: 653.86   Max: 1284.5
Current: 1284.5

During the past 13 years, Fujian Dongbai (Group) Co's highest Days Inventory was 1284.50. The lowest was 312.64. And the median was 653.86.

SHSE:600693's Days Inventory is ranked worse than
97.75% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs SHSE:600693: 1284.50

Fujian Dongbai (Group) Co's Days Inventory increased from Mar. 2023 (891.44) to Mar. 2024 (1,126.88). It might indicate that Fujian Dongbai (Group) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujian Dongbai (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.08.

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. Fujian Dongbai (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 5.44.


Fujian Dongbai (Group) Co Days Inventory Historical Data

The historical data trend for Fujian Dongbai (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.

Fujian Dongbai (Group) Co Days Inventory Chart

Fujian Dongbai (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 312.64 1,040.14 1,172.80 1,261.48 1,248.70

Fujian Dongbai (Group) 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 891.44 987.28 1,236.94 2,413.12 1,126.88

Competitive Comparison of Fujian Dongbai (Group) Co's Days Inventory

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Days Inventory distribution charts can be found below:

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



Fujian Dongbai (Group) Co Days Inventory Calculation

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

Fujian Dongbai (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
=( (2603.655 + 2661.494) / 2 ) / 769.509*365
=2632.5745 / 769.509*365
=1,248.70

Fujian Dongbai (Group) 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
=( (2661.494 + 2654.506) / 2 ) / 215.234*365 / 4
=2658 / 215.234*365 / 4
=1,126.88

* 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.


Fujian Dongbai (Group) Co  (SHSE:600693) 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.

Fujian Dongbai (Group) 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.

Fujian Dongbai (Group) 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.


Fujian Dongbai (Group) Co Days Inventory Related Terms

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


Fujian Dongbai (Group) Co (SHSE:600693) Business Description

Traded in Other Exchanges
N/A
Address
No. 84 Bayiqi North Road, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories. Geographically the activities are carried out through China.
Executives
Shi Xia Director
Liu Yi Director
Wang Xiang Hong Supervisors
Wei Li Ping Director
Li Peng senior management
Song Ke Jun Director
Xue Jian senior management
Bi De Cai Director
Yu Yi Hong Director
Shi Min Xiu Supervisors
Wang Jin Rong Supervisors

Fujian Dongbai (Group) Co (SHSE:600693) Headlines

No Headlines