GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bestway Marine & Energy Technology Co Ltd (SZSE:300008) » Definitions » Days Inventory

Bestway Marine & Energy Technology Co (SZSE:300008) Days Inventory : 51.20 (As of Mar. 2025)


View and export this data going back to 2009. Start your Free Trial

What is Bestway Marine & Energy Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bestway Marine & Energy Technology Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥337 Mil. Bestway Marine & Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥601 Mil. Hence, Bestway Marine & Energy Technology Co's Days Inventory for the three months ended in Mar. 2025 was 51.20.

The historical rank and industry rank for Bestway Marine & Energy Technology Co's Days Inventory or its related term are showing as below:

SZSE:300008' s Days Inventory Range Over the Past 10 Years
Min: 36.11   Med: 113.79   Max: 383.29
Current: 37.54

During the past 13 years, Bestway Marine & Energy Technology Co's highest Days Inventory was 383.29. The lowest was 36.11. And the median was 113.79.

SZSE:300008's Days Inventory is ranked better than
88.4% of 293 companies
in the Aerospace & Defense industry
Industry Median: 142.2 vs SZSE:300008: 37.54

Bestway Marine & Energy Technology Co's Days Inventory declined from Mar. 2024 (56.70) to Mar. 2025 (51.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bestway Marine & Energy Technology Co's Inventory Turnover for the three months ended in Mar. 2025 was 1.78.

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. Bestway Marine & Energy Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.45.


Bestway Marine & Energy Technology Co Days Inventory Historical Data

The historical data trend for Bestway Marine & Energy Technology 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.

Bestway Marine & Energy Technology Co Days Inventory Chart

Bestway Marine & Energy Technology 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 81.92 44.93 37.88 38.91 36.11

Bestway Marine & Energy Technology 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 56.70 43.37 49.95 22.99 51.20

Competitive Comparison of Bestway Marine & Energy Technology Co's Days Inventory

For the Aerospace & Defense subindustry, Bestway Marine & Energy Technology 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.


Bestway Marine & Energy Technology Co's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bestway Marine & Energy Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bestway Marine & Energy Technology Co's Days Inventory falls into.


;
;

Bestway Marine & Energy Technology Co Days Inventory Calculation

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

Bestway Marine & Energy Technology 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
=( (367.779 + 297.288) / 2 ) / 3361.169*365
=332.5335 / 3361.169*365
=36.11

Bestway Marine & Energy Technology 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
=( (297.288 + 377.261) / 2 ) / 601.126*365 / 4
=337.2745 / 601.126*365 / 4
=51.20

* 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.


Bestway Marine & Energy Technology Co  (SZSE:300008) 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.

Bestway Marine & Energy Technology 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.

Bestway Marine & Energy Technology 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.


Bestway Marine & Energy Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Bestway Marine & Energy Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Bestway Marine & Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Jianzhu Road, Building 10, No. 518, 8th Floor, Songjiang District, Shanghai, CHN, 201612
Bestway Marine & Energy Technology Co Ltd is engaged in marine and offshore engineering design, manufacture and sales; ship charter and shipping management; natural gas utilization and technical development; and ecological agriculture & aquaculture.
Executives
Lin Qiang Executives
Liu Nan Secretary, Director
Qin Bing Jun Executives
Hui Tao Executives
Liu Xin You Supervisors
Xun Zheng Lai Executives
Bai Xue Hua Executives
Zhan Jin Feng Directors, executives
Gu Jian Guo Directors, executives
Ma Rui Directors, executives
Zhu Zhi Peng Director
Zhu Chun Hua Supervisors
Zhang Yan Tong Executives
Hang Zhong Ming Executives
Zhao De Hua Director

Bestway Marine & Energy Technology Co Headlines

No Headlines