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Jiangsu Fengshan Group Co (SHSE:603810) Days Inventory : 128.82 (As of Mar. 2024)


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What is Jiangsu Fengshan Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Fengshan Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥344 Mil. Jiangsu Fengshan Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥244 Mil. Hence, Jiangsu Fengshan Group Co's Days Inventory for the three months ended in Mar. 2024 was 128.82.

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

SHSE:603810' s Days Inventory Range Over the Past 10 Years
Min: 84.55   Med: 97.6   Max: 148.38
Current: 136.13

During the past 10 years, Jiangsu Fengshan Group Co's highest Days Inventory was 148.38. The lowest was 84.55. And the median was 97.60.

SHSE:603810's Days Inventory is ranked worse than
60.26% of 229 companies
in the Agriculture industry
Industry Median: 111.36 vs SHSE:603810: 136.13

Jiangsu Fengshan Group Co's Days Inventory increased from Mar. 2023 (107.49) to Mar. 2024 (128.82). It might indicate that Jiangsu Fengshan Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Fengshan Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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 Fengshan Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.31.


Jiangsu Fengshan Group Co Days Inventory Historical Data

The historical data trend for Jiangsu Fengshan 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.

Jiangsu Fengshan Group Co Days Inventory Chart

Jiangsu Fengshan Group 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 148.38 84.55 92.27 96.04 132.77

Jiangsu Fengshan Group 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 107.49 129.16 135.04 159.28 128.82

Competitive Comparison of Jiangsu Fengshan Group Co's Days Inventory

For the Agricultural Inputs subindustry, Jiangsu Fengshan 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.


Jiangsu Fengshan Group Co's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Fengshan Group Co's Days Inventory distribution charts can be found below:

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



Jiangsu Fengshan Group Co Days Inventory Calculation

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

Jiangsu Fengshan Group 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
=( (405.933 + 378.448) / 2 ) / 1078.204*365
=392.1905 / 1078.204*365
=132.77

Jiangsu Fengshan Group 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
=( (378.448 + 309.623) / 2 ) / 243.707*365 / 4
=344.0355 / 243.707*365 / 4
=128.82

* 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 Fengshan Group Co  (SHSE:603810) 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 Fengshan 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.

Jiangsu Fengshan 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.


Jiangsu Fengshan Group Co Days Inventory Related Terms

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


Jiangsu Fengshan Group Co (SHSE:603810) Business Description

Traded in Other Exchanges
N/A
Address
105-6 North Zhongshan Road, 1903 Central International Plaza, Nanjing, CHN
Jiangsu Fengshan Group Co Ltd is engaged in the operation of agrochemical chemical products. It integrates science research, industrial production, and trade service. The company's technicals and formulations are divided into Herbicide, Insecticide, and Fungicide. The formulation also includes Plant growth regulator and Mixtures.
Executives
Yin Ping Directors, senior managers
Chen Ya Feng Director
Wang Li Supervisors
Wu Han Cun Director
Dan Yong Xiang Director
Wang Jin Yang Supervisors
Mou Yong Guo Supervisors
Yin Feng Shan Director
Cui Ri Bao Supervisors

Jiangsu Fengshan Group Co (SHSE:603810) Headlines

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