The historical rank and industry rank for Fulongma Group Co's Days Inventory or its related term are showing as below:
SHSE:603686'
s Days Inventory Range Over the Past 10 Years
Min: 32.56 Med: 59.56 Max: 89.16
Current: 32.56
During the past 13 years, Fulongma Group Co's highest Days Inventory was 89.16. The lowest was 32.56. And the median was 59.56.
SHSE:603686's Days Inventory is ranked better than 93.92% of 2911
companies
in the Industrial Products industry
Industry Median: 120.21
vs SHSE:603686: 32.56
Fulongma Group Co's Days Inventory
increased
from Mar. 2023 (35.01) to Mar. 2024 (36.41).
It might indicate that Fulongma Group Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fulongma Group Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.51.
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.
Fulongma Group Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.31.
Fulongma Group Co Days Inventory Historical Data
The historical data trend for Fulongma 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.
Competitive Comparison of Fulongma Group Co's Days Inventory
For the Pollution & Treatment Controls subindustry, Fulongma 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.
Fulongma Group Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fulongma Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fulongma Group Co's Days Inventory falls into.
Fulongma Group Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fulongma Group Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Fulongma Group Co (SHSE:603686) 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.
Fulongma Group 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.
Fulongma Group 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.
Fulongma Group Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Fulongma Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fulongma Group Co (SHSE:603686) Business Description
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
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