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Bros Eastern Co (SHSE:601339) Days Inventory : 247.01 (As of Mar. 2024)


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What is Bros Eastern Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bros Eastern Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥4,672 Mil. Bros Eastern Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,726 Mil. Hence, Bros Eastern Co's Days Inventory for the three months ended in Mar. 2024 was 247.01.

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

SHSE:601339' s Days Inventory Range Over the Past 10 Years
Min: 213.82   Med: 261.43   Max: 338.99
Current: 272.93

During the past 13 years, Bros Eastern Co's highest Days Inventory was 338.99. The lowest was 213.82. And the median was 261.43.

SHSE:601339's Days Inventory is ranked worse than
85.39% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415 vs SHSE:601339: 272.93

Bros Eastern Co's Days Inventory declined from Mar. 2023 (383.76) to Mar. 2024 (247.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bros Eastern Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.37.

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. Bros Eastern Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.55.


Bros Eastern Co Days Inventory Historical Data

The historical data trend for Bros Eastern 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.

Bros Eastern Co Days Inventory Chart

Bros Eastern 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 300.09 254.36 242.83 338.99 290.52

Bros Eastern 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 383.76 344.23 263.34 248.92 247.01

Competitive Comparison of Bros Eastern Co's Days Inventory

For the Textile Manufacturing subindustry, Bros Eastern 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.


Bros Eastern Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bros Eastern Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bros Eastern Co's Days Inventory falls into.



Bros Eastern Co Days Inventory Calculation

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

Bros Eastern 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
=( (5346.151 + 4708.115) / 2 ) / 6315.921*365
=5027.133 / 6315.921*365
=290.52

Bros Eastern 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
=( (4708.115 + 4636.651) / 2 ) / 1726.078*365 / 4
=4672.383 / 1726.078*365 / 4
=247.01

* 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.


Bros Eastern Co  (SHSE:601339) 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.

Bros Eastern 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.

Bros Eastern 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.


Bros Eastern Co Days Inventory Related Terms

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


Bros Eastern Co (SHSE:601339) Business Description

Traded in Other Exchanges
N/A
Address
1 Nan'er East Road, LuoTuo Town ZhenHai District, Ningbo, CHN, 315200
Bros Eastern Co Ltd operates in the textile industry. The company is specialized in research and development, manufacturing and marketing of top-dyed melange yarn. Its products are categories into classical series, neo yarn series, and trend colors.
Executives
Dong Qi Han senior management
Zhou Li Wen senior management
Zhang Kui Director
Zhong Zheng Yuan Supervisors
Yang Yong Director
Qian Ya Bin Director
Yang Wei Guo Director
Yang Wei Xin Director

Bros Eastern Co (SHSE:601339) Headlines

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