GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Zhonglu Oceanic Fisheries Co Ltd (SZSE:200992) » Definitions » Days Inventory

Shandong Zhonglu Oceanic Fisheries Co (SZSE:200992) Days Inventory : 165.86 (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is Shandong Zhonglu Oceanic Fisheries Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shandong Zhonglu Oceanic Fisheries Co's Average Total Inventories for the three months ended in Mar. 2025 was HK$494 Mil. Shandong Zhonglu Oceanic Fisheries Co's Cost of Goods Sold for the three months ended in Mar. 2025 was HK$272 Mil. Hence, Shandong Zhonglu Oceanic Fisheries Co's Days Inventory for the three months ended in Mar. 2025 was 165.86.

The historical rank and industry rank for Shandong Zhonglu Oceanic Fisheries Co's Days Inventory or its related term are showing as below:

SZSE:200992' s Days Inventory Range Over the Past 10 Years
Min: 84.7   Med: 133.59   Max: 170.21
Current: 139.99

During the past 13 years, Shandong Zhonglu Oceanic Fisheries Co's highest Days Inventory was 170.21. The lowest was 84.70. And the median was 133.59.

SZSE:200992's Days Inventory is ranked worse than
76.14% of 1819 companies
in the Consumer Packaged Goods industry
Industry Median: 82.08 vs SZSE:200992: 139.99

Shandong Zhonglu Oceanic Fisheries Co's Days Inventory declined from Mar. 2024 (239.08) to Mar. 2025 (165.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Zhonglu Oceanic Fisheries Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.55.

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 Zhonglu Oceanic Fisheries Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.71.


Shandong Zhonglu Oceanic Fisheries Co Days Inventory Historical Data

The historical data trend for Shandong Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries Co Days Inventory Chart

Shandong Zhonglu Oceanic Fisheries 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 143.69 130.00 152.47 170.21 137.72

Shandong Zhonglu Oceanic Fisheries 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 239.08 178.86 152.91 94.93 165.86

Competitive Comparison of Shandong Zhonglu Oceanic Fisheries Co's Days Inventory

For the Packaged Foods subindustry, Shandong Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Zhonglu Oceanic Fisheries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shandong Zhonglu Oceanic Fisheries Co's Days Inventory falls into.


;
;

Shandong Zhonglu Oceanic Fisheries Co Days Inventory Calculation

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

Shandong Zhonglu Oceanic Fisheries 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
=( (542.186 + 480.913) / 2 ) / 1355.73*365
=511.5495 / 1355.73*365
=137.72

Shandong Zhonglu Oceanic Fisheries 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
=( (480.913 + 506.975) / 2 ) / 271.755*365 / 4
=493.944 / 271.755*365 / 4
=165.86

* 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 Zhonglu Oceanic Fisheries Co  (SZSE:200992) 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 Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries 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 Zhonglu Oceanic Fisheries Co Days Inventory Related Terms

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


Shandong Zhonglu Oceanic Fisheries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Xianxialing Road, 25th Floor, Building 1, Guoxin Financial Center, Laoshan District, Shandong Province, Qingdao, CHN, 266061
Shandong Zhonglu Oceanic Fisheries Co Ltd is engaged in Ocean fishing, refrigerated transportation, refrigerated processing and trade of aquatic products.
Executives
Chi Wei Zhen Executives
Jiang Peng Securities Affairs Representative

Shandong Zhonglu Oceanic Fisheries Co Headlines

No Headlines