Towngas Smart Energy Co (STU:PGJ) Days Inventory : 15.62 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Towngas Smart Energy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Towngas Smart Energy Co's Average Total Inventories for the six months ended in Dec. 2023 was €76 Mil. Towngas Smart Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €892 Mil. Hence, Towngas Smart Energy Co's Days Inventory for the six months ended in Dec. 2023 was 15.62.

The historical rank and industry rank for Towngas Smart Energy Co's Days Inventory or its related term are showing as below:

STU:PGJ' s Days Inventory Range Over the Past 10 Years
Min: 15.33 Med: 26.5 Max: 44.5
Current: 15.94

During the past 13 years, Towngas Smart Energy Co's highest Days Inventory was 44.50. The lowest was 15.33. And the median was 26.50.

STU:PGJ's Days Inventory is ranked better than
61.67% of 467 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs STU:PGJ: 15.94

Towngas Smart Energy Co's Days Inventory declined from Dec. 2022 (16.26) to Dec. 2023 (15.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Towngas Smart Energy Co's Inventory Turnover for the six months ended in Dec. 2023 was 11.68.

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. Towngas Smart Energy Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.

Towngas Smart Energy Co Days Inventory Historical Data

The historical data trend for Towngas Smart Energy 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.

Towngas Smart Energy Co Days Inventory Chart

Towngas Smart Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

23.53

26.75

19.44

15.79

15.60

Towngas Smart Energy Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															17.66	15.71	16.26	17.13	15.62

Competitive Comparison of Towngas Smart Energy Co's Days Inventory

For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.

Towngas Smart Energy Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Towngas Smart Energy Co's Days Inventory falls into.

Towngas Smart Energy Co Days Inventory Calculation

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

Towngas Smart Energy 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
=	( (82.723	+	69.112)	/	2 )	/	1775.903	*	365
=	75.9175					/	1775.903	*	365
=	15.60

Towngas Smart Energy Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (83.679	+	69.112)	/	2 )	/	892.436	*	365 / 2
=	76.3955					/	892.436	*	365 / 2
=	15.62

Towngas Smart Energy Co (STU:PGJ) 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.

Towngas Smart Energy Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	892.436	/	76.3955
	=	11.68

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.

Towngas Smart Energy Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	76.3955	/	1169.328
	=	0.07

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.

Towngas Smart Energy Co Days Inventory Related Terms

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

Towngas Smart Energy Co (STU:PGJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Towngas Smart Energy Co Ltd (STU:PGJ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

01083:Hong Kong

Address

363 Java Road, North Point, 23rd Floor, Hong Kong, HKG

Website

https://www.towngaschina.com

Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of pipe gas and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. It has three operating segments; Sales of piped gas and energy including Sales of piped gas (mainly natural gas) and other types of energy, Gas connection include Construction of gas pipeline networks under gas connection contracts, and Extended business including Sales of gas-related household appliances and related products, and other related value-added services.