The historical rank and industry rank for ENN Natural Gas Co's Days Inventory or its related term are showing as below:
SHSE:600803'
s Days Inventory Range Over the Past 10 Years
Min: 6.76 Med: 33.27 Max: 79.71
Current: 7.77
During the past 13 years, ENN Natural Gas Co's highest Days Inventory was 79.71. The lowest was 6.76. And the median was 33.27.
SHSE:600803's Days Inventory is ranked better than 93.1% of 449
companies
in the Conglomerates industry
Industry Median: 73.45
vs SHSE:600803: 7.77
ENN Natural Gas Co's Days Inventory
declined
from Mar. 2023 (7.78) to Mar. 2024 (7.65).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ENN Natural Gas Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 11.93.
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.
ENN Natural Gas Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.07.
ENN Natural Gas Co Days Inventory Historical Data
The historical data trend for ENN Natural Gas 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.
Competitive Comparison of ENN Natural Gas Co's Days Inventory
For the Conglomerates subindustry, ENN Natural Gas 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.
ENN Natural Gas Co's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, ENN Natural Gas Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where ENN Natural Gas Co's Days Inventory falls into.
ENN Natural Gas Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ENN Natural Gas Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
ENN Natural Gas Co (SHSE:600803) 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.
ENN Natural Gas 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.
ENN Natural Gas 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.
ENN Natural Gas Co Days Inventory Related Terms
Thank you for viewing the detailed overview of ENN Natural Gas Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ENN Natural Gas Co (SHSE:600803) Business Description
ENN Natural Gas Co Ltd formerly known as ENN Ecological Holdings Co Ltd is a natural gas distributor. The company has formed four division namely natural gas sales, integrated energy services, energy trade, and energy transmission and distribution. Its products include natural gas, coal, methanol, Dimethyl ether, Double junction silicon-based thin film solar panel, Ubiquitous energy efficiency platform, and Micro gas turbine.
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