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Jiangsu Feymer Technology Co (SHSE:688350) Days Inventory : 45.51 (As of Sep. 2024)


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What is Jiangsu Feymer Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Feymer Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥179 Mil. Jiangsu Feymer Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥359 Mil. Hence, Jiangsu Feymer Technology Co's Days Inventory for the three months ended in Sep. 2024 was 45.51.

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

SHSE:688350' s Days Inventory Range Over the Past 10 Years
Min: 44.86   Med: 48.99   Max: 58.61
Current: 44.86

During the past 10 years, Jiangsu Feymer Technology Co's highest Days Inventory was 58.61. The lowest was 44.86. And the median was 48.99.

SHSE:688350's Days Inventory is ranked better than
79.61% of 1491 companies
in the Chemicals industry
Industry Median: 77.58 vs SHSE:688350: 44.86

Jiangsu Feymer Technology Co's Days Inventory declined from Sep. 2023 (46.55) to Sep. 2024 (45.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Feymer Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 2.01.

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 Feymer Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.44.


Jiangsu Feymer Technology Co Days Inventory Historical Data

The historical data trend for Jiangsu Feymer Technology 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 Feymer Technology Co Days Inventory Chart

Jiangsu Feymer Technology 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 49.01 47.59 45.35 51.90 48.10

Jiangsu Feymer Technology 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 46.55 38.81 49.69 45.13 45.51

Competitive Comparison of Jiangsu Feymer Technology Co's Days Inventory

For the Specialty Chemicals subindustry, Jiangsu Feymer Technology 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 Feymer Technology Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Feymer Technology Co's Days Inventory distribution charts can be found below:

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


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Jiangsu Feymer Technology Co Days Inventory Calculation

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

Jiangsu Feymer Technology 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
=( (218.128 + 150.79) / 2 ) / 1399.845*365
=184.459 / 1399.845*365
=48.10

Jiangsu Feymer Technology 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
=( (175.341 + 182.615) / 2 ) / 358.866*365 / 4
=178.978 / 358.866*365 / 4
=45.51

* 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 Feymer Technology Co  (SHSE:688350) 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 Feymer Technology 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.

Jiangsu Feymer Technology 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.


Jiangsu Feymer Technology Co Days Inventory Related Terms

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


Jiangsu Feymer Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1, Fenghuang South Road, Feymer Technology Administrative District, Fenghuang Town, Jiangsu Province, Zhangjiagang, CHN, 215613
Jiangsu Feymer Technology Co Ltd is a high-tech enterprise, based on its core hydrophilic functional polymers, it is specializing in the production and supply of functional monomers, water treatment chemicals, industrial water processing chemicals and water treatment membranes. It also provides membrane application technology and related engineering and operating services to water-borne areas, like pulp and paper, mining, textile and others.
Executives
Yan Wu Jun Core technical personnel

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