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Epoxy Base Electronic Material Co (SHSE:603002) Days Inventory : 24.48 (As of Mar. 2024)


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What is Epoxy Base Electronic Material Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Epoxy Base Electronic Material Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥121 Mil. Epoxy Base Electronic Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥453 Mil. Hence, Epoxy Base Electronic Material Co's Days Inventory for the three months ended in Mar. 2024 was 24.48.

The historical rank and industry rank for Epoxy Base Electronic Material Co's Days Inventory or its related term are showing as below:

SHSE:603002' s Days Inventory Range Over the Past 10 Years
Min: 20.21   Med: 26.86   Max: 32.7
Current: 23.18

During the past 13 years, Epoxy Base Electronic Material Co's highest Days Inventory was 32.70. The lowest was 20.21. And the median was 26.86.

SHSE:603002's Days Inventory is ranked better than
94.71% of 1494 companies
in the Chemicals industry
Industry Median: 82.18 vs SHSE:603002: 23.18

Epoxy Base Electronic Material Co's Days Inventory declined from Mar. 2023 (26.19) to Mar. 2024 (24.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Epoxy Base Electronic Material Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.73.

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. Epoxy Base Electronic Material Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.


Epoxy Base Electronic Material Co Days Inventory Historical Data

The historical data trend for Epoxy Base Electronic Material 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.

Epoxy Base Electronic Material Co Days Inventory Chart

Epoxy Base Electronic Material 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 27.36 26.36 20.21 26.13 22.98

Epoxy Base Electronic Material 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 26.19 23.02 20.99 23.25 24.48

Competitive Comparison of Epoxy Base Electronic Material Co's Days Inventory

For the Chemicals subindustry, Epoxy Base Electronic Material 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.


Epoxy Base Electronic Material Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Epoxy Base Electronic Material Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Epoxy Base Electronic Material Co's Days Inventory falls into.



Epoxy Base Electronic Material Co Days Inventory Calculation

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

Epoxy Base Electronic Material 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
=( (145.927 + 112.956) / 2 ) / 2055.761*365
=129.4415 / 2055.761*365
=22.98

Epoxy Base Electronic Material 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
=( (112.956 + 129.883) / 2 ) / 452.571*365 / 4
=121.4195 / 452.571*365 / 4
=24.48

* 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.


Epoxy Base Electronic Material Co  (SHSE:603002) 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.

Epoxy Base Electronic Material 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.

Epoxy Base Electronic Material 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.


Epoxy Base Electronic Material Co Days Inventory Related Terms

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Epoxy Base Electronic Material Co (SHSE:603002) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Yunpu 1st Road, Luogang District, Guangdong, Guangzhou, CHN, 510530
Epoxy Base Electronic Material Co Ltd is engaged in the production of electronic grade epoxy resins. The solutions offered by the company include general series, diluted type series, casting and APG series, and solution series.
Executives
Lin Rui Rong Director
Fang Ye Wei Director
Jiang Sheng Zong Director
Lin Ren Zong Director
Huang Xing An senior management
Liu Huan Zhang Director
Xiao Zhi Ren senior management
Zhang Zhen Ming Director

Epoxy Base Electronic Material Co (SHSE:603002) Headlines

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