Guangdong Liantai Environmental Protection Co (SHSE:603797) Days Inventory : 6.84 (As of Mar. 2024)

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What is Guangdong Liantai Environmental Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Liantai Environmental Protection Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥8 Mil. Guangdong Liantai Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥101 Mil. Hence, Guangdong Liantai Environmental Protection Co's Days Inventory for the three months ended in Mar. 2024 was 6.84.

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

SHSE:603797' s Days Inventory Range Over the Past 10 Years
Min: 7.87 Med: 13.57 Max: 21.6
Current: 13.39

During the past 13 years, Guangdong Liantai Environmental Protection Co's highest Days Inventory was 21.60. The lowest was 7.87. And the median was 13.57.

SHSE:603797's Days Inventory is ranked better than
63.33% of 210 companies
in the Waste Management industry
Industry Median: 22.785 vs SHSE:603797: 13.39

Guangdong Liantai Environmental Protection Co's Days Inventory declined from Mar. 2023 (21.61) to Mar. 2024 (6.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Liantai Environmental Protection Co's Inventory Turnover for the three months ended in Mar. 2024 was 13.35.

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. Guangdong Liantai Environmental Protection Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.

Guangdong Liantai Environmental Protection Co Days Inventory Historical Data

The historical data trend for Guangdong Liantai Environmental Protection 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.

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Guangdong Liantai Environmental Protection Co Days Inventory Chart

Guangdong Liantai Environmental Protection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.12

10.52

7.87

11.81

13.72

Guangdong Liantai Environmental Protection 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															21.61	15.48	16.20	10.83	6.84

Competitive Comparison of Guangdong Liantai Environmental Protection Co's Days Inventory

For the Waste Management subindustry, Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Liantai Environmental Protection Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Liantai Environmental Protection Co's Days Inventory falls into.

Guangdong Liantai Environmental Protection Co Days Inventory Calculation

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

Guangdong Liantai Environmental Protection 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
=	( (45.108	+	7.569)	/	2 )	/	700.846	*	365
=	26.3385					/	700.846	*	365
=	13.72

Guangdong Liantai Environmental Protection 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
=	( (7.569	+	7.557)	/	2 )	/	100.941	*	365 / 4
=	7.563					/	100.941	*	365 / 4
=	6.84

Guangdong Liantai Environmental Protection Co (SHSE:603797) 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.

Guangdong Liantai Environmental Protection Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.941	/	7.563
	=	13.35

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.

Guangdong Liantai Environmental Protection Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.563	/	265.721
	=	0.03

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.

Guangdong Liantai Environmental Protection Co Days Inventory Related Terms

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

Guangdong Liantai Environmental Protection Co (SHSE:603797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Liantai Environmental Protection Co Ltd (SHSE:603797) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Zhongshan East Road, Longzhu Water Purification Factory, Guangdong Province, Huangshanwei, Shantou, CHN, 515041

Website

http://www.lt-hbgf.com

Guangdong Liantai Environmental Protection Co Ltd is a China-based company engaged in operating sewage treatment project and supporting pipe network and ecological environment treatment project. The company produces and sells special equipment for environmental pollution prevention, and offers technical consultation and support services, among other activities. Some of the company's projects are Shantou dragon ball water purification plant, Shaoyang Jiangbei Wastewater treatment plant, and Shaoyang Yangxiqiao wastewater treatment plant, among others.

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