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Sichuan Hexie Shuangma Co (SZSE:000935) Days Inventory : 46.91 (As of Mar. 2024)


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What is Sichuan Hexie Shuangma Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Hexie Shuangma Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥53 Mil. Sichuan Hexie Shuangma Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥103 Mil. Hence, Sichuan Hexie Shuangma Co's Days Inventory for the three months ended in Mar. 2024 was 46.91.

The historical rank and industry rank for Sichuan Hexie Shuangma Co's Days Inventory or its related term are showing as below:

SZSE:000935' s Days Inventory Range Over the Past 10 Years
Min: 25.32   Med: 28.54   Max: 44.53
Current: 35.22

During the past 13 years, Sichuan Hexie Shuangma Co's highest Days Inventory was 44.53. The lowest was 25.32. And the median was 28.54.

SZSE:000935's Days Inventory is ranked better than
67.88% of 165 companies
in the Asset Management industry
Industry Median: 78.63 vs SZSE:000935: 35.22

Sichuan Hexie Shuangma Co's Days Inventory increased from Mar. 2023 (30.46) to Mar. 2024 (46.91). It might indicate that Sichuan Hexie Shuangma Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Hexie Shuangma Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.95.

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. Sichuan Hexie Shuangma Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.


Sichuan Hexie Shuangma Co Days Inventory Historical Data

The historical data trend for Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co Days Inventory Chart

Sichuan Hexie Shuangma 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 30.42 25.32 27.52 27.65 28.77

Sichuan Hexie Shuangma Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.46 26.22 38.46 35.97 46.91

Competitive Comparison of Sichuan Hexie Shuangma Co's Days Inventory

For the Asset Management subindustry, Sichuan Hexie Shuangma 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.


Sichuan Hexie Shuangma Co's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sichuan Hexie Shuangma Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Hexie Shuangma Co's Days Inventory falls into.



Sichuan Hexie Shuangma Co Days Inventory Calculation

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

Sichuan Hexie Shuangma 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
=( (42.939 + 51.681) / 2 ) / 600.291*365
=47.31 / 600.291*365
=28.77

Sichuan Hexie Shuangma Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (51.681 + 53.714) / 2 ) / 102.502*365 / 4
=52.6975 / 102.502*365 / 4
=46.91

* 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.


Sichuan Hexie Shuangma Co  (SZSE:000935) 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.

Sichuan Hexie Shuangma Co's Inventory Turnover for the three months ended in Mar. 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.

Sichuan Hexie Shuangma Co's Inventory to Revenue for the three months ended in Mar. 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.


Sichuan Hexie Shuangma Co Days Inventory Related Terms

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


Sichuan Hexie Shuangma Co (SZSE:000935) Business Description

Traded in Other Exchanges
N/A
Address
Erlangmiao Town, Sichuan Province, Jiangyou, CHN, 610000
Sichuan Hexie Shuangma Co Ltd is engaged in industrial investment and equity investment fund management. The company mainly manages assets including building materials manufacturing enterprises and equity investment fund management companies. Its building materials manufacturing enterprise business includes the production and sales of cement products and construction aggregates.
Executives
Feng Tao Executives
Xie Jin Hua Supervisors
Wang Qiao Director
Li Feng Li Supervisors
Zhang Yan Xue Director

Sichuan Hexie Shuangma Co (SZSE:000935) Headlines

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