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Guangdong Wenke Green Technology (SZSE:002775) Days Inventory : 372.81 (As of Mar. 2024)


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What is Guangdong Wenke Green Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Wenke Green Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥366.7 Mil. Guangdong Wenke Green Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥89.8 Mil. Hence, Guangdong Wenke Green Technology's Days Inventory for the three months ended in Mar. 2024 was 372.81.

The historical rank and industry rank for Guangdong Wenke Green Technology's Days Inventory or its related term are showing as below:

SZSE:002775' s Days Inventory Range Over the Past 10 Years
Min: 61.74   Med: 142.92   Max: 330.09
Current: 175.41

During the past 13 years, Guangdong Wenke Green Technology's highest Days Inventory was 330.09. The lowest was 61.74. And the median was 142.92.

SZSE:002775's Days Inventory is ranked worse than
84.59% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs SZSE:002775: 175.41

Guangdong Wenke Green Technology's Days Inventory increased from Mar. 2023 (105.29) to Mar. 2024 (372.81). It might indicate that Guangdong Wenke Green Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Wenke Green Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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 Wenke Green Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.38.


Guangdong Wenke Green Technology Days Inventory Historical Data

The historical data trend for Guangdong Wenke Green Technology'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 Wenke Green Technology Days Inventory Chart

Guangdong Wenke Green Technology 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 88.70 61.74 77.97 150.92 135.94

Guangdong Wenke Green Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 105.29 159.61 112.96 171.90 372.81

Competitive Comparison of Guangdong Wenke Green Technology's Days Inventory

For the Engineering & Construction subindustry, Guangdong Wenke Green Technology'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 Wenke Green Technology's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Wenke Green Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Wenke Green Technology's Days Inventory falls into.



Guangdong Wenke Green Technology Days Inventory Calculation

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

Guangdong Wenke Green Technology'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
=( (272.618 + 353.34) / 2 ) / 840.354*365
=312.979 / 840.354*365
=135.94

Guangdong Wenke Green Technology's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (353.34 + 380.058) / 2 ) / 89.755*365 / 4
=366.699 / 89.755*365 / 4
=372.81

* 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 Wenke Green Technology  (SZSE:002775) 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 Wenke Green Technology'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.

Guangdong Wenke Green Technology'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.


Guangdong Wenke Green Technology Days Inventory Related Terms

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


Guangdong Wenke Green Technology (SZSE:002775) Business Description

Traded in Other Exchanges
N/A
Address
1006 Shennan Road, Floor 35, 36, Tower A, Shenzhen International Innovation Center, Futian District, Shenzhen, Guangdong, CHN
Guangdong Wenke Green Technology Corp Ltd is engaged in comprehensive landscaping enterprise specializing in garden landscape design, greening seedling planting, landscaping project construction and garden maintenance.

Guangdong Wenke Green Technology (SZSE:002775) Headlines

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