The historical rank and industry rank for Jenkem Technology Co's Days Inventory or its related term are showing as below:
SHSE:688356'
s Days Inventory Range Over the Past 10 Years
Min: 190.43 Med: 239.67 Max: 520.82
Current: 509.55
During the past 8 years, Jenkem Technology Co's highest Days Inventory was 520.82. The lowest was 190.43. And the median was 239.67.
SHSE:688356's Days Inventory is ranked worse than 98.06% of 1493
companies
in the Chemicals industry
Industry Median: 79.65
vs SHSE:688356: 509.55
Jenkem Technology Co's Days Inventory
declined
from Sep. 2023 (561.80) to Sep. 2024 (522.62).
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.
Jenkem Technology Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.17.
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.
Jenkem Technology Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 1.74.
Jenkem Technology Co Days Inventory Historical Data
The historical data trend for Jenkem 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.
Competitive Comparison of Jenkem Technology Co's Days Inventory
For the Specialty Chemicals subindustry, Jenkem 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.
Jenkem Technology Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Jenkem Technology Co's Days Inventory falls into.
Jenkem Technology Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Jenkem Technology Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Jenkem Technology Co (SHSE:688356) 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.
Jenkem 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.
Jenkem 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.
Jenkem Technology Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Jenkem Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
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