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Zhejiang Huayou Cobalt Co (SHSE:603799) Days Inventory : 107.99 (As of Mar. 2025)


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What is Zhejiang Huayou Cobalt Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Huayou Cobalt Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥17,973 Mil. Zhejiang Huayou Cobalt Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥15,187 Mil. Hence, Zhejiang Huayou Cobalt Co's Days Inventory for the three months ended in Mar. 2025 was 107.99.

The historical rank and industry rank for Zhejiang Huayou Cobalt Co's Days Inventory or its related term are showing as below:

SHSE:603799' s Days Inventory Range Over the Past 10 Years
Min: 75.57   Med: 113.41   Max: 252.49
Current: 110.47

During the past 13 years, Zhejiang Huayou Cobalt Co's highest Days Inventory was 252.49. The lowest was 75.57. And the median was 113.41.

SHSE:603799's Days Inventory is ranked worse than
63.54% of 650 companies
in the Metals & Mining industry
Industry Median: 87.24 vs SHSE:603799: 110.47

Zhejiang Huayou Cobalt Co's Days Inventory increased from Mar. 2024 (99.53) to Mar. 2025 (107.99). It might indicate that Zhejiang Huayou Cobalt Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Huayou Cobalt Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.84.

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 Huayou Cobalt Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.01.


Zhejiang Huayou Cobalt Co Days Inventory Historical Data

The historical data trend for Zhejiang Huayou Cobalt 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 Huayou Cobalt Co Days Inventory Chart

Zhejiang Huayou Cobalt 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 75.57 85.01 95.06 107.21 119.60

Zhejiang Huayou Cobalt 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 99.53 103.89 112.02 118.62 107.99

Competitive Comparison of Zhejiang Huayou Cobalt Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Zhejiang Huayou Cobalt 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 Huayou Cobalt Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhejiang Huayou Cobalt Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Huayou Cobalt Co's Days Inventory falls into.


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Zhejiang Huayou Cobalt Co Days Inventory Calculation

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

Zhejiang Huayou Cobalt 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
=( (15763.401 + 17296.771) / 2 ) / 50445.677*365
=16530.086 / 50445.677*365
=119.60

Zhejiang Huayou Cobalt 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
=( (17296.771 + 18649.992) / 2 ) / 15186.86*365 / 4
=17973.3815 / 15186.86*365 / 4
=107.99

* 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 Huayou Cobalt Co  (SHSE:603799) 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 Huayou Cobalt 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 Huayou Cobalt Co's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=17973.3815 / 17841.985
=1.01

* 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 Huayou Cobalt Co Days Inventory Related Terms

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


Zhejiang Huayou Cobalt Co Business Description

Traded in Other Exchanges
N/A
Address
18 Wu Zhendong Road, Tongxiang Economic Development Zone, Zhejiang, CHN
Zhejiang Huayou Cobalt Co Ltd provides metal production and processing services. The company produces cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, cobalt monoxide, copper, nickel, and related products. The company serves customers and clients internationally.
Executives
Chen Xue Hua Director
Chen Yao Zhong senior management
Xu Wei senior management
Hu Yan Hui senior management
Fang Qi Xue Directors, senior managers
Zhang Bing Hai senior management
Gao Bao Jun senior management
Lu Feng senior management
Fang Yuan senior management
Zhou Qi Fa senior management
Chen Hong Liang Directors, senior managers
Li Rui senior management
Wang Yun senior management

Zhejiang Huayou Cobalt Co Headlines

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