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Ficont Industry (Beijing) Co (SHSE:605305) Days Inventory : 144.20 (As of Sep. 2024)


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What is Ficont Industry (Beijing) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ficont Industry (Beijing) Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥292 Mil. Ficont Industry (Beijing) Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥185 Mil. Hence, Ficont Industry (Beijing) Co's Days Inventory for the three months ended in Sep. 2024 was 144.20.

The historical rank and industry rank for Ficont Industry (Beijing) Co's Days Inventory or its related term are showing as below:

SHSE:605305' s Days Inventory Range Over the Past 10 Years
Min: 49.04   Med: 128.38   Max: 165.69
Current: 136.68

During the past 11 years, Ficont Industry (Beijing) Co's highest Days Inventory was 165.69. The lowest was 49.04. And the median was 128.38.

SHSE:605305's Days Inventory is ranked worse than
56.51% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs SHSE:605305: 136.68

Ficont Industry (Beijing) Co's Days Inventory declined from Sep. 2023 (151.36) to Sep. 2024 (144.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ficont Industry (Beijing) Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.63.

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. Ficont Industry (Beijing) Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.80.


Ficont Industry (Beijing) Co Days Inventory Historical Data

The historical data trend for Ficont Industry (Beijing) 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.

Ficont Industry (Beijing) Co Days Inventory Chart

Ficont Industry (Beijing) Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.47 165.69 140.55 147.54 129.27

Ficont Industry (Beijing) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 151.36 101.50 166.70 140.10 144.20

Competitive Comparison of Ficont Industry (Beijing) Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Ficont Industry (Beijing) 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.


Ficont Industry (Beijing) Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ficont Industry (Beijing) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ficont Industry (Beijing) Co's Days Inventory falls into.



Ficont Industry (Beijing) Co Days Inventory Calculation

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

Ficont Industry (Beijing) 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
=( (185.293 + 236.146) / 2 ) / 594.956*365
=210.7195 / 594.956*365
=129.27

Ficont Industry (Beijing) Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (271.101 + 312.924) / 2 ) / 184.78*365 / 4
=292.0125 / 184.78*365 / 4
=144.20

* 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.


Ficont Industry (Beijing) Co  (SHSE:605305) 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.

Ficont Industry (Beijing) Co's Inventory Turnover for the three months ended in Sep. 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.

Ficont Industry (Beijing) Co's Inventory to Revenue for the three months ended in Sep. 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.


Ficont Industry (Beijing) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Ficont Industry (Beijing) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ficont Industry (Beijing) Co Business Description

Traded in Other Exchanges
N/A
Address
Chuangyi East 2nd Road, Building 1, No.15 Courtyard, Tongzhou District, Beijing, CHN, 101106
Ficont Industry (Beijing) Co Ltd provides solutions for high-altitude safety operation equipment and high-altitude safety operation services.
Executives
Wang Xi Jun Directors, senior managers
Ma Dong Sheng Directors, senior managers

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