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Chongqing Shunbo Aluminum Co (SZSE:002996) Days Inventory : 25.64 (As of Mar. 2025)


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What is Chongqing Shunbo Aluminum Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chongqing Shunbo Aluminum Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥940 Mil. Chongqing Shunbo Aluminum Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥3,345 Mil. Hence, Chongqing Shunbo Aluminum Co's Days Inventory for the three months ended in Mar. 2025 was 25.64.

The historical rank and industry rank for Chongqing Shunbo Aluminum Co's Days Inventory or its related term are showing as below:

SZSE:002996' s Days Inventory Range Over the Past 10 Years
Min: 23.85   Med: 28.15   Max: 35.37
Current: 23.94

During the past 13 years, Chongqing Shunbo Aluminum Co's highest Days Inventory was 35.37. The lowest was 23.85. And the median was 28.15.

SZSE:002996's Days Inventory is ranked better than
91.38% of 650 companies
in the Metals & Mining industry
Industry Median: 87.24 vs SZSE:002996: 23.94

Chongqing Shunbo Aluminum Co's Days Inventory declined from Mar. 2024 (29.10) to Mar. 2025 (25.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Shunbo Aluminum Co's Inventory Turnover for the three months ended in Mar. 2025 was 3.56.

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. Chongqing Shunbo Aluminum Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.27.


Chongqing Shunbo Aluminum Co Days Inventory Historical Data

The historical data trend for Chongqing Shunbo Aluminum 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.

Chongqing Shunbo Aluminum Co Days Inventory Chart

Chongqing Shunbo Aluminum 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 35.37 27.14 29.42 26.92 23.85

Chongqing Shunbo Aluminum 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 29.10 26.02 23.46 20.59 25.64

Competitive Comparison of Chongqing Shunbo Aluminum Co's Days Inventory

For the Aluminum subindustry, Chongqing Shunbo Aluminum 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.


Chongqing Shunbo Aluminum Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chongqing Shunbo Aluminum Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chongqing Shunbo Aluminum Co's Days Inventory falls into.


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Chongqing Shunbo Aluminum Co Days Inventory Calculation

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

Chongqing Shunbo Aluminum 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
=( (809.704 + 959.037) / 2 ) / 13536.866*365
=884.3705 / 13536.866*365
=23.85

Chongqing Shunbo Aluminum 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
=( (959.037 + 920.273) / 2 ) / 3344.766*365 / 4
=939.655 / 3344.766*365 / 4
=25.64

* 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.


Chongqing Shunbo Aluminum Co  (SZSE:002996) 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.

Chongqing Shunbo Aluminum 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.

Chongqing Shunbo Aluminum 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.


Chongqing Shunbo Aluminum Co Days Inventory Related Terms

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


Chongqing Shunbo Aluminum Co Business Description

Traded in Other Exchanges
N/A
Address
Caojie Development Park, Hechuan District, Chongqing, CHN, 402760
Chongqing Shunbo Aluminum Co Ltd formerly known as Chongqing Soonbest Aluminum Alloy Co Ltd is engaged in production and sales of secondary aluminum alloy ingots. The company produces and sells aluminum alloy ingots for auto parts, motorcycle parts; metal materials, mechanical and electrical products, building materials, industrial silicon.
Executives
Wang Qi Director
Wang Zhen Jian Director
Wang Zeng Chao Directors, executives
Luo Le Supervisors
Wang Hui Directors, Directors, and Executives

Chongqing Shunbo Aluminum Co Headlines

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