Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Days Inventory : 232.93 (As of Jun. 2024)

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What is Jiangsu Jingyuan Environmental Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Jingyuan Environmental Protection Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥206.2 Mil. Jiangsu Jingyuan Environmental Protection Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥80.8 Mil. Hence, Jiangsu Jingyuan Environmental Protection Co's Days Inventory for the three months ended in Jun. 2024 was 232.93.

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

SHSE:688096' s Days Inventory Range Over the Past 10 Years
Min: 22.97 Med: 39.85 Max: 276.43
Current: 276.43

During the past 11 years, Jiangsu Jingyuan Environmental Protection Co's highest Days Inventory was 276.43. The lowest was 22.97. And the median was 39.85.

SHSE:688096's Days Inventory is ranked worse than
97.46% of 472 companies
in the Utilities - Regulated industry
Industry Median: 23.48 vs SHSE:688096: 276.43

Jiangsu Jingyuan Environmental Protection Co's Days Inventory increased from Jun. 2023 (170.81) to Jun. 2024 (232.93). It might indicate that Jiangsu Jingyuan Environmental Protection Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Jingyuan Environmental Protection Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.39.

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 Jingyuan Environmental Protection Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.71.

Jiangsu Jingyuan Environmental Protection Co Days Inventory Historical Data

The historical data trend for Jiangsu Jingyuan 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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Jiangsu Jingyuan Environmental Protection Co Days Inventory Chart

Jiangsu Jingyuan Environmental Protection Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

40.31

46.09

65.53

97.02

207.40

Jiangsu Jingyuan Environmental Protection Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															170.81	216.24	273.42	509.71	232.93

Competitive Comparison of Jiangsu Jingyuan Environmental Protection Co's Days Inventory

For the Utilities - Regulated Water subindustry, Jiangsu Jingyuan 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.

Jiangsu Jingyuan Environmental Protection Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jiangsu Jingyuan Environmental Protection Co's Days Inventory distribution charts can be found below:

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

Jiangsu Jingyuan Environmental Protection Co Days Inventory Calculation

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

Jiangsu Jingyuan 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
=	( (113.223	+	183.417)	/	2 )	/	261.031	*	365
=	148.32					/	261.031	*	365
=	207.40

Jiangsu Jingyuan Environmental Protection Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (207.135	+	205.32)	/	2 )	/	80.789	*	365 / 4
=	206.2275					/	80.789	*	365 / 4
=	232.93

Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) 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 Jingyuan Environmental Protection Co's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	80.789	/	206.2275
	=	0.39

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 Jingyuan Environmental Protection Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	206.2275	/	120.58
	=	1.71

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 Jingyuan Environmental Protection Co Days Inventory Related Terms

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

Jiangsu Jingyuan Environmental Protection Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Jiangsu Jingyuan Environmental Protection Co Ltd (SHSE:688096) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Chongchuan Road, 1st Floor, Building 9, Jiangsu Province, Nantong, CHN, 226000

Website

http://www.jsjyep.com

Jiangsu Jingyuan Environmental Protection Co Ltd is engaged in provision of industrial water treatment. The company relies on self-developed core technologies such as industrial wastewater electronic flocculation treatment technology, high-efficiency wastewater zero discharge technology, and high-efficiency wastewater electrocatalytic oxidation technology. It provides large-scale enterprise customers with consulting, integration and sales, and engineering contracting, research and design of industrial water treatment equipment.

Executives

Ji Meng	Directors, senior managers
Ji Xian Hua	Directors, senior managers, core technical personn
Su Hai Juan	Directors, senior managers

Jiangsu Jingyuan Environmental Protection Co Headlines

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