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Chongqing Sifang New Materials Co (SHSE:605122) Days Inventory : 11.64 (As of Mar. 2025)


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What is Chongqing Sifang New Materials Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chongqing Sifang New Materials Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥31 Mil. Chongqing Sifang New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥239 Mil. Hence, Chongqing Sifang New Materials Co's Days Inventory for the three months ended in Mar. 2025 was 11.64.

The historical rank and industry rank for Chongqing Sifang New Materials Co's Days Inventory or its related term are showing as below:

SHSE:605122' s Days Inventory Range Over the Past 10 Years
Min: 4.42   Med: 6.02   Max: 10.83
Current: 10.83

During the past 9 years, Chongqing Sifang New Materials Co's highest Days Inventory was 10.83. The lowest was 4.42. And the median was 6.02.

SHSE:605122's Days Inventory is ranked better than
96.62% of 385 companies
in the Building Materials industry
Industry Median: 86.14 vs SHSE:605122: 10.83

Chongqing Sifang New Materials Co's Days Inventory declined from Mar. 2024 (13.09) to Mar. 2025 (11.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Sifang New Materials Co's Inventory Turnover for the three months ended in Mar. 2025 was 7.84.

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. Chongqing Sifang New Materials Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.12.


Chongqing Sifang New Materials Co Days Inventory Historical Data

The historical data trend for Chongqing Sifang New Materials 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.

Chongqing Sifang New Materials Co Days Inventory Chart

Chongqing Sifang New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 6.59 6.02 6.91 7.91 10.76

Chongqing Sifang New Materials 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 13.09 10.92 12.38 9.24 11.64

Competitive Comparison of Chongqing Sifang New Materials Co's Days Inventory

For the Building Materials subindustry, Chongqing Sifang New Materials 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.


Chongqing Sifang New Materials Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chongqing Sifang New Materials Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chongqing Sifang New Materials Co's Days Inventory falls into.


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Chongqing Sifang New Materials Co Days Inventory Calculation

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

Chongqing Sifang New Materials 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
=( (41.291 + 30.608) / 2 ) / 1219.99*365
=35.9495 / 1219.99*365
=10.76

Chongqing Sifang New Materials 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
=( (30.608 + 30.402) / 2 ) / 239.197*365 / 4
=30.505 / 239.197*365 / 4
=11.64

* 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.


Chongqing Sifang New Materials Co  (SHSE:605122) 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.

Chongqing Sifang New Materials 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.

Chongqing Sifang New Materials Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Chongqing Sifang New Materials Co Days Inventory Related Terms

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


Chongqing Sifang New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 306, Nanhu Road, Nanpeng Street, Banan District, Chongqing, CHN, 401347
Chongqing Sifang New Materials Co Ltd is a construction material manufacturer that focuses on the research, development, production and sales of commercial concrete and also produces aggregates for construction. The company's products are widely used in infrastructure construction such as roads, bridges, tunnels, water conservancy, and industrial and civil real estate construction.
Executives
Peng Zhi Yong Supervisors
Yang Xiang Supervisors
Yang Yong Director
Li De Zhi Directors, senior managers
Jiang Hong Bo Directors, senior managers
Yang Yong Hong Director
Zhang Wei senior management
Xie Tao Directors, senior managers
Li Lu Jing Director
Yu Jian Zhong Directors, senior managers

Chongqing Sifang New Materials Co Headlines

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