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Chengdu Fusen Noble-House Industrial Co (SZSE:002818) Days Inventory : 384.33 (As of Sep. 2024)


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What is Chengdu Fusen Noble-House Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chengdu Fusen Noble-House Industrial Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥505 Mil. Chengdu Fusen Noble-House Industrial Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥120 Mil. Hence, Chengdu Fusen Noble-House Industrial Co's Days Inventory for the three months ended in Sep. 2024 was 384.33.

The historical rank and industry rank for Chengdu Fusen Noble-House Industrial Co's Days Inventory or its related term are showing as below:

SZSE:002818' s Days Inventory Range Over the Past 10 Years
Min: 117.64   Med: 161.81   Max: 380.91
Current: 380.91

During the past 13 years, Chengdu Fusen Noble-House Industrial Co's highest Days Inventory was 380.91. The lowest was 117.64. And the median was 161.81.

SZSE:002818's Days Inventory is ranked worse than
94.94% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4 vs SZSE:002818: 380.91

Chengdu Fusen Noble-House Industrial Co's Days Inventory increased from Sep. 2023 (307.77) to Sep. 2024 (384.33). It might indicate that Chengdu Fusen Noble-House Industrial Co's sales slowed down.

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. Chengdu Fusen Noble-House Industrial Co's Inventory Turnover for the three months ended in Sep. 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. Chengdu Fusen Noble-House Industrial Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.46.


Chengdu Fusen Noble-House Industrial Co Days Inventory Historical Data

The historical data trend for Chengdu Fusen Noble-House Industrial 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.

Chengdu Fusen Noble-House Industrial Co Days Inventory Chart

Chengdu Fusen Noble-House Industrial 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 117.64 155.88 167.73 232.16 311.70

Chengdu Fusen Noble-House Industrial 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 307.77 352.81 361.43 440.99 384.33

Competitive Comparison of Chengdu Fusen Noble-House Industrial Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Chengdu Fusen Noble-House Industrial 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.


Chengdu Fusen Noble-House Industrial Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chengdu Fusen Noble-House Industrial Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chengdu Fusen Noble-House Industrial Co's Days Inventory falls into.



Chengdu Fusen Noble-House Industrial Co Days Inventory Calculation

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

Chengdu Fusen Noble-House Industrial 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
=( (344.728 + 431.495) / 2 ) / 454.473*365
=388.1115 / 454.473*365
=311.70

Chengdu Fusen Noble-House Industrial 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
=( (504.623 + 504.808) / 2 ) / 119.834*365 / 4
=504.7155 / 119.834*365 / 4
=384.33

* 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.


Chengdu Fusen Noble-House Industrial Co  (SZSE:002818) 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.

Chengdu Fusen Noble-House Industrial 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.

Chengdu Fusen Noble-House Industrial 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.


Chengdu Fusen Noble-House Industrial Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Chengdu Fusen Noble-House Industrial Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chengdu Fusen Noble-House Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Jiangjun Road, Rongdu Avenue, Sichuan Province, Chengdu, CHN
Chengdu Fusen Noble-House Industrial Co Ltd is specializing in the planning, investment, construction and operation of large-scale building materials and home commercial stores.
Executives
Wang Hong Executives
Cheng Liang Supervisors
He Jian Ping Executives
Yan Hong Independent director
Liu Bing Director
Yan Feng Qiang Supervisors

Chengdu Fusen Noble-House Industrial Co Headlines

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