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Lanzhou Huanghe Enterprise Co (SZSE:000929) Days Inventory : 216.27 (As of Sep. 2024)


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What is Lanzhou Huanghe Enterprise Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lanzhou Huanghe Enterprise Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥109.0 Mil. Lanzhou Huanghe Enterprise Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥46.0 Mil. Hence, Lanzhou Huanghe Enterprise Co's Days Inventory for the three months ended in Sep. 2024 was 216.27.

The historical rank and industry rank for Lanzhou Huanghe Enterprise Co's Days Inventory or its related term are showing as below:

SZSE:000929' s Days Inventory Range Over the Past 10 Years
Min: 211.64   Med: 242.82   Max: 289.56
Current: 211.64

During the past 13 years, Lanzhou Huanghe Enterprise Co's highest Days Inventory was 289.56. The lowest was 211.64. And the median was 242.82.

SZSE:000929's Days Inventory is ranked worse than
56.52% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.45 vs SZSE:000929: 211.64

Lanzhou Huanghe Enterprise Co's Days Inventory declined from Sep. 2023 (231.06) to Sep. 2024 (216.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lanzhou Huanghe Enterprise Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.42.

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. Lanzhou Huanghe Enterprise Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.73.


Lanzhou Huanghe Enterprise Co Days Inventory Historical Data

The historical data trend for Lanzhou Huanghe Enterprise 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.

Lanzhou Huanghe Enterprise Co Days Inventory Chart

Lanzhou Huanghe Enterprise 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 239.04 289.56 254.87 238.02 218.22

Lanzhou Huanghe Enterprise 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 231.06 224.48 207.94 184.41 216.27

Competitive Comparison of Lanzhou Huanghe Enterprise Co's Days Inventory

For the Beverages - Brewers subindustry, Lanzhou Huanghe Enterprise 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.


Lanzhou Huanghe Enterprise Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Lanzhou Huanghe Enterprise Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lanzhou Huanghe Enterprise Co's Days Inventory falls into.



Lanzhou Huanghe Enterprise Co Days Inventory Calculation

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

Lanzhou Huanghe Enterprise 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
=( (127.841 + 116.886) / 2 ) / 204.664*365
=122.3635 / 204.664*365
=218.22

Lanzhou Huanghe Enterprise 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
=( (104.392 + 113.571) / 2 ) / 45.983*365 / 4
=108.9815 / 45.983*365 / 4
=216.27

* 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.


Lanzhou Huanghe Enterprise Co  (SZSE:000929) 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.

Lanzhou Huanghe Enterprise 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.

Lanzhou Huanghe Enterprise 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.


Lanzhou Huanghe Enterprise Co Days Inventory Related Terms

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Lanzhou Huanghe Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 219 Qingyang Road, Jinyun Building, 22 Floor, Lanzhou, Gansu, CHN, 730030
Lanzhou Huanghe Enterprise Co Ltd is a China-based company mainly engaged in the production, processing, and sales of beer, beverage, barley, malt, and forage. It sells its products under the brand names of Huanghe and Qinghaihu. The company is also engaged in the packaging and printing business.
Executives
Yang Shi Wen Director
Yang Ji Qiang Director
Yang Shi Jiang Director
Yang Shi Lian Director
Bao Guo Xian Director
Niu Dong Ji Directors, executives
Bai Kun Director, within half a year of separation

Lanzhou Huanghe Enterprise Co Headlines

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