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Flower King Eco-Engineering (SHSE:603007) Days Inventory : 191.79 (As of Mar. 2024)


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What is Flower King Eco-Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flower King Eco-Engineering's Average Total Inventories for the three months ended in Mar. 2024 was ¥79.0 Mil. Flower King Eco-Engineering's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥37.6 Mil. Hence, Flower King Eco-Engineering's Days Inventory for the three months ended in Mar. 2024 was 191.79.

The historical rank and industry rank for Flower King Eco-Engineering's Days Inventory or its related term are showing as below:

SHSE:603007' s Days Inventory Range Over the Past 10 Years
Min: 103.57   Med: 251.12   Max: 422.45
Current: 212.59

During the past 13 years, Flower King Eco-Engineering's highest Days Inventory was 422.45. The lowest was 103.57. And the median was 251.12.

SHSE:603007's Days Inventory is ranked worse than
86.64% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs SHSE:603007: 212.59

Flower King Eco-Engineering's Days Inventory declined from Mar. 2023 (550.59) to Mar. 2024 (191.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Flower King Eco-Engineering's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Flower King Eco-Engineering's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.64.


Flower King Eco-Engineering Days Inventory Historical Data

The historical data trend for Flower King Eco-Engineering'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.

Flower King Eco-Engineering Days Inventory Chart

Flower King Eco-Engineering 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 158.20 103.57 132.87 208.84 236.64

Flower King Eco-Engineering 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 550.59 242.41 182.21 267.95 191.79

Competitive Comparison of Flower King Eco-Engineering's Days Inventory

For the Engineering & Construction subindustry, Flower King Eco-Engineering'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.


Flower King Eco-Engineering's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Flower King Eco-Engineering's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flower King Eco-Engineering's Days Inventory falls into.



Flower King Eco-Engineering Days Inventory Calculation

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

Flower King Eco-Engineering'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
=( (77.075 + 80.481) / 2 ) / 121.511*365
=78.778 / 121.511*365
=236.64

Flower King Eco-Engineering'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
=( (80.481 + 77.458) / 2 ) / 37.573*365 / 4
=78.9695 / 37.573*365 / 4
=191.79

* 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.


Flower King Eco-Engineering  (SHSE:603007) 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.

Flower King Eco-Engineering'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.

Flower King Eco-Engineering'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.


Flower King Eco-Engineering Days Inventory Related Terms

Thank you for viewing the detailed overview of Flower King Eco-Engineering's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Flower King Eco-Engineering (SHSE:603007) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300
Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.
Executives
Cui Hong Bo senior management
He Wei Tao senior management
Xu Xu Sheng senior management
Xiao Jie Jun Director
Wei Jian Hong senior management
Lin Xiao Jun Director
Gu Jing senior management
Li Hong Bin Director
Xiao Jiao Jun Director

Flower King Eco-Engineering (SHSE:603007) Headlines

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