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Zhejiang Juli Culture Development Co (SZSE:002247) Days Inventory : 69.06 (As of Mar. 2024)


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What is Zhejiang Juli Culture Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Juli Culture Development Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥114.2 Mil. Zhejiang Juli Culture Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥150.8 Mil. Hence, Zhejiang Juli Culture Development Co's Days Inventory for the three months ended in Mar. 2024 was 69.06.

The historical rank and industry rank for Zhejiang Juli Culture Development Co's Days Inventory or its related term are showing as below:

SZSE:002247' s Days Inventory Range Over the Past 10 Years
Min: 14.64   Med: 49.14   Max: 61.54
Current: 51.95

During the past 13 years, Zhejiang Juli Culture Development Co's highest Days Inventory was 61.54. The lowest was 14.64. And the median was 49.14.

SZSE:002247's Days Inventory is ranked worse than
51.22% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs SZSE:002247: 51.95

Zhejiang Juli Culture Development Co's Days Inventory increased from Mar. 2023 (66.79) to Mar. 2024 (69.06). It might indicate that Zhejiang Juli Culture Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Juli Culture Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.32.

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. Zhejiang Juli Culture Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.61.


Zhejiang Juli Culture Development Co Days Inventory Historical Data

The historical data trend for Zhejiang Juli Culture Development 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.

Zhejiang Juli Culture Development Co Days Inventory Chart

Zhejiang Juli Culture Development 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 19.14 52.84 45.44 55.57 53.69

Zhejiang Juli Culture Development 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 66.79 46.16 47.63 48.33 69.06

Competitive Comparison of Zhejiang Juli Culture Development Co's Days Inventory

For the Building Products & Equipment subindustry, Zhejiang Juli Culture Development 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.


Zhejiang Juli Culture Development Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Juli Culture Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Juli Culture Development Co's Days Inventory falls into.



Zhejiang Juli Culture Development Co Days Inventory Calculation

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

Zhejiang Juli Culture Development 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
=( (105.647 + 111.606) / 2 ) / 738.485*365
=108.6265 / 738.485*365
=53.69

Zhejiang Juli Culture Development 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
=( (111.606 + 116.704) / 2 ) / 150.829*365 / 4
=114.155 / 150.829*365 / 4
=69.06

* 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.


Zhejiang Juli Culture Development Co  (SZSE:002247) 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.

Zhejiang Juli Culture Development 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.

Zhejiang Juli Culture Development 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.


Zhejiang Juli Culture Development Co Days Inventory Related Terms

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Zhejiang Juli Culture Development Co (SZSE:002247) Business Description

Traded in Other Exchanges
N/A
Address
1958, Zhejiang Ring Road, Industrial Zone, China Delicate, Lin'an, CHN, 311300
Zhejiang Juli Culture Development Co Ltd, formerly Zhejiang Dilong Culture Development Co Ltd operates in the decorative paper industry. The products of the company include printing decorative paper, impregnated paper, decorative panels which include a metal decorative panel, aluminum coil, and PVC decorative materials.
Executives
Chen Zhi Jian Executives
Wang Xiao Hong Directors, executives
Zhao Jin Long Executives
Lin Hui Chun Director
Tang Fei Tao Executives
Jiang Zu Ming Executives
Jiang Fei Xiong Directors, executives
Mao Li Xin Director
Liu Yu Long Director

Zhejiang Juli Culture Development Co (SZSE:002247) Headlines

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