GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Liancheng Precision Manufacturing Co Ltd (SZSE:002921) » Definitions » Days Inventory

Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Days Inventory : 128.98 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Shandong Liancheng Precision Manufacturing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shandong Liancheng Precision Manufacturing Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥325 Mil. Shandong Liancheng Precision Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥230 Mil. Hence, Shandong Liancheng Precision Manufacturing Co's Days Inventory for the three months ended in Mar. 2025 was 128.98.

The historical rank and industry rank for Shandong Liancheng Precision Manufacturing Co's Days Inventory or its related term are showing as below:

SZSE:002921' s Days Inventory Range Over the Past 10 Years
Min: 115.39   Med: 124.67   Max: 147.36
Current: 126.64

During the past 12 years, Shandong Liancheng Precision Manufacturing Co's highest Days Inventory was 147.36. The lowest was 115.39. And the median was 124.67.

SZSE:002921's Days Inventory is ranked worse than
53.15% of 2920 companies
in the Industrial Products industry
Industry Median: 121.33 vs SZSE:002921: 126.64

Shandong Liancheng Precision Manufacturing Co's Days Inventory increased from Mar. 2024 (125.13) to Mar. 2025 (128.98). It might indicate that Shandong Liancheng Precision Manufacturing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Liancheng Precision Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.71.

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. Shandong Liancheng Precision Manufacturing Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.25.


Shandong Liancheng Precision Manufacturing Co Days Inventory Historical Data

The historical data trend for Shandong Liancheng Precision Manufacturing 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.

Shandong Liancheng Precision Manufacturing Co Days Inventory Chart

Shandong Liancheng Precision Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.52 117.24 134.64 132.14 120.24

Shandong Liancheng Precision Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 125.13 128.52 130.56 122.04 128.98

Competitive Comparison of Shandong Liancheng Precision Manufacturing Co's Days Inventory

For the Metal Fabrication subindustry, Shandong Liancheng Precision Manufacturing 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.


Shandong Liancheng Precision Manufacturing Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Liancheng Precision Manufacturing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shandong Liancheng Precision Manufacturing Co's Days Inventory falls into.


;
;

Shandong Liancheng Precision Manufacturing Co Days Inventory Calculation

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

Shandong Liancheng Precision Manufacturing Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (299.689 + 321.331) / 2 ) / 942.613*365
=310.51 / 942.613*365
=120.24

Shandong Liancheng Precision Manufacturing Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (321.331 + 328.602) / 2 ) / 229.907*365 / 4
=324.9665 / 229.907*365 / 4
=128.98

* 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.


Shandong Liancheng Precision Manufacturing Co  (SZSE:002921) 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.

Shandong Liancheng Precision Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Shandong Liancheng Precision Manufacturing Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Shandong Liancheng Precision Manufacturing Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shandong Liancheng Precision Manufacturing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Liancheng Precision Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100
Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.
Executives
Directors, executives
Zhang Shi Lei Director

Shandong Liancheng Precision Manufacturing Co Headlines

No Headlines