Henan splendor Science & Technology Co (SZSE:002296) Days Inventory : 754.38 (As of Sep. 2024)

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What is Henan splendor Science & Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Henan splendor Science & Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥632.7 Mil. Henan splendor Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥76.5 Mil. Hence, Henan splendor Science & Technology Co's Days Inventory for the three months ended in Sep. 2024 was 754.38.

The historical rank and industry rank for Henan splendor Science & Technology Co's Days Inventory or its related term are showing as below:

SZSE:002296' s Days Inventory Range Over the Past 10 Years
Min: 233.6 Med: 280.45 Max: 555.66
Current: 555.66

During the past 13 years, Henan splendor Science & Technology Co's highest Days Inventory was 555.66. The lowest was 233.60. And the median was 280.45.

SZSE:002296's Days Inventory is ranked worse than
99.48% of 771 companies
in the Transportation industry
Industry Median: 11.96 vs SZSE:002296: 555.66

Henan splendor Science & Technology Co's Days Inventory increased from Sep. 2023 (357.96) to Sep. 2024 (754.38). It might indicate that Henan splendor Science & Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan splendor Science & Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.12.

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. Henan splendor Science & Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 4.47.

Henan splendor Science & Technology Co Days Inventory Historical Data

The historical data trend for Henan splendor Science & Technology 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.

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Henan splendor Science & Technology Co Days Inventory Chart

Henan splendor Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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290.31

289.05

341.09

456.58

444.45

Henan splendor Science & Technology 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															357.96	302.63	710.96	757.41	754.38

Competitive Comparison of Henan splendor Science & Technology Co's Days Inventory

For the Railroads subindustry, Henan splendor Science & Technology 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.

Henan splendor Science & Technology Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Henan splendor Science & Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Henan splendor Science & Technology Co's Days Inventory falls into.

Henan splendor Science & Technology Co Days Inventory Calculation

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

Henan splendor Science & Technology 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
=	( (462.452	+	554.659)	/	2 )	/	417.649	*	365
=	508.5555					/	417.649	*	365
=	444.45

Henan splendor Science & Technology 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
=	( (615.012	+	650.467)	/	2 )	/	76.536	*	365 / 4
=	632.7395					/	76.536	*	365 / 4
=	754.38

Henan splendor Science & Technology Co (SZSE:002296) 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.

Henan splendor Science & Technology Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	76.536	/	632.7395
	=	0.12

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.

Henan splendor Science & Technology Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	632.7395	/	141.403
	=	4.47

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.

Henan splendor Science & Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Henan splendor Science & Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan splendor Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Henan splendor Science & Technology Co Ltd (SZSE:002296) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 74 Science Avenue, High-tech Industrial Development Zone, Henan, Zhengzhou, CHN, 450001

Website

http://www.hhkj.cn

Henan splendor Science & Technology Co Ltd is engaged in rail transit measurement and control technology. The business of the company includes development, production, and sales and safety of high end equipment for rail transportation. The products of the company include signal monitoring measurement system, railway disaster prevention and safety monitoring system, electric heating channel, and snowmelt system equipment.

Executives

Li Hai Ying	Director
Hao En Yuan	Supervisors
Liu Bao Li	Supervisors
Zhang Yi Min	Executives
Huang Ji Jun	Supervisors
Du Xu Sheng	Executives
Hu Jiang Ping	Executives
Miao Wei Dong	Supervisors
Liu Rui	Supervisors
Xie Chun Sheng	Director
Yu Hui	Executives
Li Xin Jian	Directors, Directors, and Executives
Zheng Yu Jun	Directors, executives
Li Li	Supervisors
Li Chong	Supervisors

Henan splendor Science & Technology Co Headlines

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