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Jiangsu Yabang Dyestuff Co (SHSE:603188) Days Inventory : 144.31 (As of Mar. 2024)


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What is Jiangsu Yabang Dyestuff Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Yabang Dyestuff Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥244.4 Mil. Jiangsu Yabang Dyestuff Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥154.6 Mil. Hence, Jiangsu Yabang Dyestuff Co's Days Inventory for the three months ended in Mar. 2024 was 144.31.

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

SHSE:603188' s Days Inventory Range Over the Past 10 Years
Min: 129.55   Med: 184.5   Max: 234.35
Current: 153.2

During the past 13 years, Jiangsu Yabang Dyestuff Co's highest Days Inventory was 234.35. The lowest was 129.55. And the median was 184.50.

SHSE:603188's Days Inventory is ranked worse than
81.17% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs SHSE:603188: 153.20

Jiangsu Yabang Dyestuff Co's Days Inventory increased from Mar. 2023 (118.69) to Mar. 2024 (144.31). It might indicate that Jiangsu Yabang Dyestuff Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Yabang Dyestuff Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.63.

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. Jiangsu Yabang Dyestuff Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.36.


Jiangsu Yabang Dyestuff Co Days Inventory Historical Data

The historical data trend for Jiangsu Yabang Dyestuff 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.

Jiangsu Yabang Dyestuff Co Days Inventory Chart

Jiangsu Yabang Dyestuff 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 205.03 234.35 168.10 129.55 135.05

Jiangsu Yabang Dyestuff 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 118.69 103.18 121.78 1,864.78 144.31

Competitive Comparison of Jiangsu Yabang Dyestuff Co's Days Inventory

For the Chemicals subindustry, Jiangsu Yabang Dyestuff 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.


Jiangsu Yabang Dyestuff Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Yabang Dyestuff Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Yabang Dyestuff Co's Days Inventory falls into.



Jiangsu Yabang Dyestuff Co Days Inventory Calculation

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

Jiangsu Yabang Dyestuff 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
=( (256.044 + 260.157) / 2 ) / 697.548*365
=258.1005 / 697.548*365
=135.05

Jiangsu Yabang Dyestuff 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
=( (260.157 + 228.735) / 2 ) / 154.566*365 / 4
=244.446 / 154.566*365 / 4
=144.31

* 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.


Jiangsu Yabang Dyestuff Co  (SHSE:603188) 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.

Jiangsu Yabang Dyestuff 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.

Jiangsu Yabang Dyestuff 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.


Jiangsu Yabang Dyestuff Co Days Inventory Related Terms

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


Jiangsu Yabang Dyestuff Co (SHSE:603188) Business Description

Traded in Other Exchanges
N/A
Address
Niutang, Jiangsu Province, Changzhou, CHN
Jiangsu Yabang Dyestuff Co Ltd mainly produces and sells dyestuffs and the intermediates. It offers products such as vat dyes, disperse dyes, solvent dyes, phthalo cyanine and intermediaries such as anthraquinone, bromamine acid and benzanthrone.
Executives
Xu Yun Xia Director
Zhou Duo Gang Director
Lu Jian Ping Director
Wu Wei Supervisors
Zhang Yi Qing senior management
Zhang Qing Ping Supervisors
Zhang Long Xin Director
Zhang Li Na senior management
Zhang Wei Feng senior management
Xu Li Juan Supervisors
Shang Jun Ping senior management
Tong Guo Qing Supervisors
Qian Guang You Director
Zhou Xiang Dong senior management
Xu Xu Dong Director

Jiangsu Yabang Dyestuff Co (SHSE:603188) Headlines

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