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Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) Days Inventory : 15.59 (As of Mar. 2025)


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What is Zhejiang Rongsheng Environmental Protection Paper Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Rongsheng Environmental Protection Paper Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥79 Mil. Zhejiang Rongsheng Environmental Protection Paper Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥462 Mil. Hence, Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory for the three months ended in Mar. 2025 was 15.59.

The historical rank and industry rank for Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory or its related term are showing as below:

SHSE:603165' s Days Inventory Range Over the Past 10 Years
Min: 12.76   Med: 14.93   Max: 21.63
Current: 13.42

During the past 13 years, Zhejiang Rongsheng Environmental Protection Paper Co's highest Days Inventory was 21.63. The lowest was 12.76. And the median was 14.93.

SHSE:603165's Days Inventory is ranked better than
98.95% of 381 companies
in the Packaging & Containers industry
Industry Median: 76.17 vs SHSE:603165: 13.42

Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory increased from Mar. 2024 (12.92) to Mar. 2025 (15.59). It might indicate that Zhejiang Rongsheng Environmental Protection Paper Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Rongsheng Environmental Protection Paper Co's Inventory Turnover for the three months ended in Mar. 2025 was 5.85.

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. Zhejiang Rongsheng Environmental Protection Paper Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.15.


Zhejiang Rongsheng Environmental Protection Paper Co Days Inventory Historical Data

The historical data trend for Zhejiang Rongsheng Environmental Protection Paper 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.

Zhejiang Rongsheng Environmental Protection Paper Co Days Inventory Chart

Zhejiang Rongsheng Environmental Protection Paper Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.36 14.73 14.31 13.91 14.05

Zhejiang Rongsheng Environmental Protection Paper Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.92 12.16 14.44 13.56 15.59

Competitive Comparison of Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory

For the Packaging & Containers subindustry, Zhejiang Rongsheng Environmental Protection Paper 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.


Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory falls into.


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Zhejiang Rongsheng Environmental Protection Paper Co Days Inventory Calculation

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

Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (68.762 + 77.539) / 2 ) / 1900.785*365
=73.1505 / 1900.785*365
=14.05

Zhejiang Rongsheng Environmental Protection Paper Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (77.539 + 80.16) / 2 ) / 461.628*365 / 4
=78.8495 / 461.628*365 / 4
=15.59

* 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.


Zhejiang Rongsheng Environmental Protection Paper Co  (SHSE:603165) 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.

Zhejiang Rongsheng Environmental Protection Paper Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Zhejiang Rongsheng Environmental Protection Paper Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Zhejiang Rongsheng Environmental Protection Paper Co Days Inventory Related Terms

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Zhejiang Rongsheng Environmental Protection Paper Co Business Description

Traded in Other Exchanges
N/A
Address
No. 588, Zhennan East Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314213
Zhejiang Rongsheng Environmental Protection Paper Co Ltd is engaged in manufacturing of paper and paper products. Its products include kraft liner board, corrugated cardboard and packaging product.
Executives
Feng Rong Hua Director
Chen Xiong Wei Directors, senior managers
Lu Xiang Gen Supervisors
Hu Rong Xia senior management
Chu Fang Hong Director
Zhao Zhi Fang senior management

Zhejiang Rongsheng Environmental Protection Paper Co Headlines

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