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Hunan Mendale Hometextile Co (SZSE:002397) Days Inventory : 241.35 (As of Sep. 2024)


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What is Hunan Mendale Hometextile Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hunan Mendale Hometextile Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥542 Mil. Hunan Mendale Hometextile Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥205 Mil. Hence, Hunan Mendale Hometextile Co's Days Inventory for the three months ended in Sep. 2024 was 241.35.

The historical rank and industry rank for Hunan Mendale Hometextile Co's Days Inventory or its related term are showing as below:

SZSE:002397' s Days Inventory Range Over the Past 10 Years
Min: 163.43   Med: 206.72   Max: 263.3
Current: 171.44

During the past 13 years, Hunan Mendale Hometextile Co's highest Days Inventory was 263.30. The lowest was 163.43. And the median was 206.72.

SZSE:002397's Days Inventory is ranked worse than
65.14% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.745 vs SZSE:002397: 171.44

Hunan Mendale Hometextile Co's Days Inventory increased from Sep. 2023 (190.38) to Sep. 2024 (241.35). It might indicate that Hunan Mendale Hometextile Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hunan Mendale Hometextile Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.38.

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. Hunan Mendale Hometextile Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.63.


Hunan Mendale Hometextile Co Days Inventory Historical Data

The historical data trend for Hunan Mendale Hometextile 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.

Hunan Mendale Hometextile Co Days Inventory Chart

Hunan Mendale Hometextile 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 178.99 206.53 185.39 184.84 163.43

Hunan Mendale Hometextile 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 190.38 114.64 195.22 179.92 241.35

Competitive Comparison of Hunan Mendale Hometextile Co's Days Inventory

For the Textile Manufacturing subindustry, Hunan Mendale Hometextile 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.


Hunan Mendale Hometextile Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hunan Mendale Hometextile Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hunan Mendale Hometextile Co's Days Inventory falls into.



Hunan Mendale Hometextile Co Days Inventory Calculation

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

Hunan Mendale Hometextile 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
=( (611.348 + 523.427) / 2 ) / 1267.21*365
=567.3875 / 1267.21*365
=163.43

Hunan Mendale Hometextile 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
=( (525.303 + 558.574) / 2 ) / 204.899*365 / 4
=541.9385 / 204.899*365 / 4
=241.35

* 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.


Hunan Mendale Hometextile Co  (SZSE:002397) 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.

Hunan Mendale Hometextile 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.

Hunan Mendale Hometextile 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.


Hunan Mendale Hometextile Co Days Inventory Related Terms

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


Hunan Mendale Hometextile Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Changchuan Road, Lugu Industrial Base, New and High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Mendale Hometextile Co Ltd is a China-based company. It is principally engaged in the design, manufacture, and sales of home textile products, as well as the provision of home life services.
Executives
Li Jun Secretary, Director
Jiang Tian Wu Director
Li Jian Wei Director
Wu Wei Director
Peng Wei Guo Supervisors
Zhang Ai Chun Director
Cheng Yan Executives
He Xiao Xia Executives
Tu Yun Hua Directors, executives
Guan Jian Independent director
Pan Jin Executives
Gao Zhi Supervisors
Wu Wen Wen Securities Affairs Representative
Chen Xiao Hong Director

Hunan Mendale Hometextile Co Headlines

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