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China Water Affairs Group (STU:CUBB) Days Inventory : 52.58 (As of Sep. 2023)


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What is China Water Affairs Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Water Affairs Group's Average Total Inventories for the six months ended in Sep. 2023 was €149 Mil. China Water Affairs Group's Cost of Goods Sold for the six months ended in Sep. 2023 was €517 Mil. Hence, China Water Affairs Group's Days Inventory for the six months ended in Sep. 2023 was 52.58.

The historical rank and industry rank for China Water Affairs Group's Days Inventory or its related term are showing as below:

STU:CUBB' s Days Inventory Range Over the Past 10 Years
Min: 26.78   Med: 41.84   Max: 66.62
Current: 43.65

During the past 13 years, China Water Affairs Group's highest Days Inventory was 66.62. The lowest was 26.78. And the median was 41.84.

STU:CUBB's Days Inventory is ranked worse than
73.23% of 467 companies
in the Utilities - Regulated industry
Industry Median: 23.46 vs STU:CUBB: 43.65

China Water Affairs Group's Days Inventory increased from Sep. 2022 (30.72) to Sep. 2023 (52.58). It might indicate that China Water Affairs Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Water Affairs Group's Inventory Turnover for the six months ended in Sep. 2023 was 3.47.

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. China Water Affairs Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.18.


China Water Affairs Group Days Inventory Historical Data

The historical data trend for China Water Affairs Group'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.

China Water Affairs Group Days Inventory Chart

China Water Affairs Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.06 42.30 48.66 38.64 55.63

China Water Affairs Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 46.63 42.25 30.72 52.53 52.58

Competitive Comparison of China Water Affairs Group's Days Inventory

For the Utilities - Regulated Water subindustry, China Water Affairs Group'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.


China Water Affairs Group's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Water Affairs Group's Days Inventory falls into.



China Water Affairs Group Days Inventory Calculation

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

China Water Affairs Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (96.531 + 224.434) / 2 ) / 1052.995*365
=160.4825 / 1052.995*365
=55.63

China Water Affairs Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (224.434 + 73.66) / 2 ) / 517.311*365 / 2
=149.047 / 517.311*365 / 2
=52.58

* 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.


China Water Affairs Group  (STU:CUBB) 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.

China Water Affairs Group's Inventory Turnover for the six months ended in Sep. 2023 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.

China Water Affairs Group's Inventory to Revenue for the six months ended in Sep. 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.


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.


China Water Affairs Group Days Inventory Related Terms

Thank you for viewing the detailed overview of China Water Affairs Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China Water Affairs Group (STU:CUBB) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

China Water Affairs Group (STU:CUBB) Headlines

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