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Guangdong Qunxing Toys JSC (SZSE:002575) Days Inventory : 34.02 (As of Sep. 2024)


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What is Guangdong Qunxing Toys JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Qunxing Toys JSC's Average Total Inventories for the three months ended in Sep. 2024 was ¥36.1 Mil. Guangdong Qunxing Toys JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥96.8 Mil. Hence, Guangdong Qunxing Toys JSC's Days Inventory for the three months ended in Sep. 2024 was 34.02.

The historical rank and industry rank for Guangdong Qunxing Toys JSC's Days Inventory or its related term are showing as below:

SZSE:002575' s Days Inventory Range Over the Past 10 Years
Min: 7.67   Med: 68.61   Max: 355.27
Current: 30.68

During the past 13 years, Guangdong Qunxing Toys JSC's highest Days Inventory was 355.27. The lowest was 7.67. And the median was 68.61.

SZSE:002575's Days Inventory is ranked better than
50.59% of 678 companies
in the Travel & Leisure industry
Industry Median: 31.365 vs SZSE:002575: 30.68

Guangdong Qunxing Toys JSC's Days Inventory declined from Sep. 2023 (53.69) to Sep. 2024 (34.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Qunxing Toys JSC's Inventory Turnover for the three months ended in Sep. 2024 was 2.68.

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. Guangdong Qunxing Toys JSC's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.35.


Guangdong Qunxing Toys JSC Days Inventory Historical Data

The historical data trend for Guangdong Qunxing Toys JSC'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.

Guangdong Qunxing Toys JSC Days Inventory Chart

Guangdong Qunxing Toys JSC 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 68.61 7.67 29.86 17.31 46.38

Guangdong Qunxing Toys JSC 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 53.69 33.36 40.08 14.53 34.02

Competitive Comparison of Guangdong Qunxing Toys JSC's Days Inventory

For the Leisure subindustry, Guangdong Qunxing Toys JSC'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.


Guangdong Qunxing Toys JSC's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Guangdong Qunxing Toys JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Qunxing Toys JSC's Days Inventory falls into.



Guangdong Qunxing Toys JSC Days Inventory Calculation

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

Guangdong Qunxing Toys JSC'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
=( (2.494 + 8.096) / 2 ) / 41.673*365
=5.295 / 41.673*365
=46.38

Guangdong Qunxing Toys JSC'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
=( (20.148 + 52.018) / 2 ) / 96.771*365 / 4
=36.083 / 96.771*365 / 4
=34.02

* 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.


Guangdong Qunxing Toys JSC  (SZSE:002575) 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.

Guangdong Qunxing Toys JSC'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.

Guangdong Qunxing Toys JSC'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.


Guangdong Qunxing Toys JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Guangdong Qunxing Toys JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Qunxing Toys JSC Business Description

Traded in Other Exchanges
N/A
Address
North of Qingping Road, No. 2, 1st Floor, Building 2, Qunxing Industrial Park, Linghai Industrial Zone, Chenghai District, Shantou, CHN
Guangdong Qunxing Toys JSC Ltd is a China-based company engaged in developing, designing, producing and selling electrical toys. The company's main products include baby car series, children computer, baby toys, electric car series, mobile phone series, and others.
Executives
Ji Xiao Wen Director

Guangdong Qunxing Toys JSC Headlines

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