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Sichuan Teway Food Group Co (SHSE:603317) Days Inventory : 18.30 (As of Dec. 2024)


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What is Sichuan Teway Food Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Teway Food Group Co's Average Total Inventories for the three months ended in Dec. 2024 was ¥132 Mil. Sichuan Teway Food Group Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥658 Mil. Hence, Sichuan Teway Food Group Co's Days Inventory for the three months ended in Dec. 2024 was 18.30.

The historical rank and industry rank for Sichuan Teway Food Group Co's Days Inventory or its related term are showing as below:

SHSE:603317' s Days Inventory Range Over the Past 10 Years
Min: 23.98   Med: 40.98   Max: 46.63
Current: 24.29

During the past 13 years, Sichuan Teway Food Group Co's highest Days Inventory was 46.63. The lowest was 23.98. And the median was 40.98.

SHSE:603317's Days Inventory is ranked better than
92.74% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 81.75 vs SHSE:603317: 24.29

Sichuan Teway Food Group Co's Days Inventory declined from Dec. 2023 (26.46) to Dec. 2024 (18.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Teway Food Group Co's Inventory Turnover for the three months ended in Dec. 2024 was 4.99.

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. Sichuan Teway Food Group Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.12.


Sichuan Teway Food Group Co Days Inventory Historical Data

The historical data trend for Sichuan Teway Food Group 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.

Sichuan Teway Food Group Co Days Inventory Chart

Sichuan Teway Food Group 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 42.90 46.63 26.26 28.54 23.98

Sichuan Teway Food Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 26.46 32.37 30.46 20.15 18.30

Competitive Comparison of Sichuan Teway Food Group Co's Days Inventory

For the Packaged Foods subindustry, Sichuan Teway Food Group 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.


Sichuan Teway Food Group Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sichuan Teway Food Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Teway Food Group Co's Days Inventory falls into.


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Sichuan Teway Food Group Co Days Inventory Calculation

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

Sichuan Teway Food Group 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
=( (159.271 + 115.737) / 2 ) / 2093.371*365
=137.504 / 2093.371*365
=23.98

Sichuan Teway Food Group Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (148.085 + 115.737) / 2 ) / 657.827*365 / 4
=131.911 / 657.827*365 / 4
=18.30

* 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.


Sichuan Teway Food Group Co  (SHSE:603317) 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.

Sichuan Teway Food Group Co's Inventory Turnover for the three months ended in Dec. 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.

Sichuan Teway Food Group Co's Inventory to Revenue for the three months ended in Dec. 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.


Sichuan Teway Food Group Co Days Inventory Related Terms

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


Sichuan Teway Food Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 333, Tengfei 1st Road, Xihanggang Street, Shuangliu District, Sichuan, Chengdu, CHN, 610200
Sichuan Teway Food Group Co Ltd is engaged in the research, development, production, and sale of flavor compound seasonings. Geographically, the activities are carried out through China.
Executives
Tang Lu Director
Yu Zhi Yong Directors, senior managers

Sichuan Teway Food Group Co Headlines

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