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Guangdong Prolto Supply Chain Management Co (SZSE:002769) Days Inventory : 75.15 (As of Sep. 2024)


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What is Guangdong Prolto Supply Chain Management Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Prolto Supply Chain Management Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥69.2 Mil. Guangdong Prolto Supply Chain Management Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥84.0 Mil. Hence, Guangdong Prolto Supply Chain Management Co's Days Inventory for the three months ended in Sep. 2024 was 75.15.

The historical rank and industry rank for Guangdong Prolto Supply Chain Management Co's Days Inventory or its related term are showing as below:

SZSE:002769' s Days Inventory Range Over the Past 10 Years
Min: 5.22   Med: 11.36   Max: 77.34
Current: 77.34

During the past 13 years, Guangdong Prolto Supply Chain Management Co's highest Days Inventory was 77.34. The lowest was 5.22. And the median was 11.36.

SZSE:002769's Days Inventory is ranked worse than
89.43% of 785 companies
in the Transportation industry
Industry Median: 11.96 vs SZSE:002769: 77.34

Guangdong Prolto Supply Chain Management Co's Days Inventory declined from Sep. 2023 (78.34) to Sep. 2024 (75.15).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Prolto Supply Chain Management Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.21.

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 Prolto Supply Chain Management Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.42.


Guangdong Prolto Supply Chain Management Co Days Inventory Historical Data

The historical data trend for Guangdong Prolto Supply Chain Management 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.

Guangdong Prolto Supply Chain Management Co Days Inventory Chart

Guangdong Prolto Supply Chain Management 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 10.54 13.75 21.25 28.26 50.07

Guangdong Prolto Supply Chain Management 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 78.34 73.64 81.84 84.99 75.15

Competitive Comparison of Guangdong Prolto Supply Chain Management Co's Days Inventory

For the Integrated Freight & Logistics subindustry, Guangdong Prolto Supply Chain Management 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.


Guangdong Prolto Supply Chain Management Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangdong Prolto Supply Chain Management Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Prolto Supply Chain Management Co's Days Inventory falls into.


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Guangdong Prolto Supply Chain Management Co Days Inventory Calculation

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

Guangdong Prolto Supply Chain Management 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
=( (42.132 + 91.494) / 2 ) / 487.017*365
=66.813 / 487.017*365
=50.07

Guangdong Prolto Supply Chain Management 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
=( (72.327 + 65.988) / 2 ) / 83.973*365 / 4
=69.1575 / 83.973*365 / 4
=75.15

* 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 Prolto Supply Chain Management Co  (SZSE:002769) 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 Prolto Supply Chain Management 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.

Guangdong Prolto Supply Chain Management 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.


Guangdong Prolto Supply Chain Management Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Guangdong Prolto Supply Chain Management Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Prolto Supply Chain Management Co Business Description

Traded in Other Exchanges
N/A
Address
1006 Shennan Road, Building A, 21st Floor, Shenzhen International Innovation Center, Guangdong Province, Futian District, Shenzhen, CHN, 518026
Guangdong Prolto Supply Chain Management Co Ltd provides supply chain services. The company provides integrated supply chain management services, international and domestic freight forwarding services, information consulting, domestic trade, Import and export business; automobile sales; steel wholesale; steel retail; building materials and decoration materials wholesale; metal products, and others.
Executives
Zou Yong Executives
Chen Shu Zhi Director
Zhang Yun Directors, executives
Wu Jun Executives
Shi Shuai Directors, executives
Zhao Ye Directors, executives
Ni Wei Xiong Securities Affairs Representative

Guangdong Prolto Supply Chain Management Co Headlines

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