Days Inventory is also known as Days Sales of Inventory (DSI). Chacha Food Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥1,350 Mil. Chacha Food Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥1,267 Mil.
Hence, Chacha Food Co's Days Inventory for the
three
months ended in Mar. 2024 was 97.22.
The historical rank and industry rank for Chacha Food Co's Days Inventory or its related term are showing as below:
SZSE:002557'
s Days Inventory Range Over the Past 10 Years
Min: 70.04 Med: 149.17 Max: 174.3
Current: 70.04
During the past 13 years, Chacha Food Co's highest Days Inventory was 174.30. The lowest was 70.04. And the median was 149.17.
SZSE:002557's Days Inventory is ranked better than 58.53% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.23
vs SZSE:002557: 70.04
Chacha Food Co's Days Inventory
increased
from Mar. 2023 (94.24) to Mar. 2024 (97.22).
It might indicate that Chacha Food Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Chacha Food Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.94.
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.
Chacha Food Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.74.
Chacha Food Co Days Inventory Historical Data
The historical data trend for Chacha Food 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.
Competitive Comparison of Chacha Food Co's Days Inventory
For the Packaged Foods subindustry, Chacha Food 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.
Chacha Food Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Chacha Food Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Chacha Food Co's Days Inventory falls into.
Chacha Food Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Chacha Food Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Chacha Food Co (SZSE:002557) 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.
Chacha Food 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.
Chacha Food 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.
Chacha Food Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Chacha Food Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Chacha Food Co Ltd is a China-based company engaged in the production and distribution of leisure food. Its main products include traditional roasted products, including sunflower seed series; high-end nut products, including walnuts; baked food, including potato chips, as well as fried food, pickled food, biscuits and agricultural and sideline products, among others. It distributes its products under the brand name of ChaCha. The company distributes its products within domestic market and to overseas markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002557 has been successfully added to your 