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China Oil HBP Science & Technology Co (SZSE:002554) Days Inventory : 139.66 (As of Sep. 2024)


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What is China Oil HBP Science & Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Oil HBP Science & Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥516 Mil. China Oil HBP Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥337 Mil. Hence, China Oil HBP Science & Technology Co's Days Inventory for the three months ended in Sep. 2024 was 139.66.

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

SZSE:002554' s Days Inventory Range Over the Past 10 Years
Min: 49.68   Med: 62.4   Max: 91.99
Current: 74.13

During the past 13 years, China Oil HBP Science & Technology Co's highest Days Inventory was 91.99. The lowest was 49.68. And the median was 62.40.

SZSE:002554's Days Inventory is ranked worse than
78.84% of 704 companies
in the Oil & Gas industry
Industry Median: 31.715 vs SZSE:002554: 74.13

China Oil HBP Science & Technology Co's Days Inventory increased from Sep. 2023 (34.58) to Sep. 2024 (139.66). It might indicate that China Oil HBP Science & Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Oil HBP Science & Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.65.

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. China Oil HBP Science & Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.52.


China Oil HBP Science & Technology Co Days Inventory Historical Data

The historical data trend for China Oil HBP 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.

* Premium members only.

China Oil HBP Science & Technology Co Days Inventory Chart

China Oil HBP Science & Technology 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 49.68 91.99 70.02 78.07 55.77

China Oil HBP 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 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 34.58 46.09 66.90 80.29 139.66

Competitive Comparison of China Oil HBP Science & Technology Co's Days Inventory

For the Oil & Gas Equipment & Services subindustry, China Oil HBP 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.


China Oil HBP Science & Technology Co's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Oil HBP Science & Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Oil HBP Science & Technology Co's Days Inventory falls into.



China Oil HBP Science & Technology Co Days Inventory Calculation

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

China Oil HBP 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
=( (458.499 + 442.488) / 2 ) / 2948.143*365
=450.4935 / 2948.143*365
=55.77

China Oil HBP 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
=( (456.524 + 574.783) / 2 ) / 336.906*365 / 4
=515.6535 / 336.906*365 / 4
=139.66

* 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.


China Oil HBP Science & Technology Co  (SZSE:002554) 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.

China Oil HBP Science & Technology 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.

China Oil HBP Science & Technology 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.


China Oil HBP Science & Technology Co Days Inventory Related Terms

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


China Oil HBP Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
7 Floor.No.1 De Sheng Zhi Ye Building, No. 26, Huang Si Avenue, Beijing, CHN
China Oil HBP Science & Technology Co Ltd provides solutions for oil and gas development and exploitation in the Middle East, Central Asia, Africa, and internationally. It offers oil gas water treatment matching technology and products; oil and gas metering and test solutions; oily sewage treatment solutions; oil and gas field heating equipment; and ground technologies, as well as undertakes EPC engineering projects.
Executives
Huang Song Directors, executives
Xiao Rong Executives
Bai Ming Yin Executives
Qian Guo Fa Executives
Zhang Zhong Wei Directors, Directors, and Executives
Zheng Ling Directors, executives
Wang Yi Gang Supervisors
Wang Quan Supervisors
Guo Jin Hui Executives
Wang Yuan Yuan Securities Affairs Representative
Wang Shun An Executives
Pan Feng Director
Jin Gang Executives
Qian Yi Qing Executives
Sun He Sheng Executives

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