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Beijing Dinghan Technology Group Co (SZSE:300011) Days Inventory : 122.02 (As of Sep. 2024)


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What is Beijing Dinghan Technology Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Dinghan Technology Group Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥413 Mil. Beijing Dinghan Technology Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥309 Mil. Hence, Beijing Dinghan Technology Group Co's Days Inventory for the three months ended in Sep. 2024 was 122.02.

The historical rank and industry rank for Beijing Dinghan Technology Group Co's Days Inventory or its related term are showing as below:

SZSE:300011' s Days Inventory Range Over the Past 10 Years
Min: 76.09   Med: 135.46   Max: 165.72
Current: 122.92

During the past 13 years, Beijing Dinghan Technology Group Co's highest Days Inventory was 165.72. The lowest was 76.09. And the median was 135.46.

SZSE:300011's Days Inventory is ranked worse than
50.65% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs SZSE:300011: 122.92

Beijing Dinghan Technology Group Co's Days Inventory declined from Sep. 2023 (139.59) to Sep. 2024 (122.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Dinghan Technology Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.75.

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. Beijing Dinghan Technology Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.96.


Beijing Dinghan Technology Group Co Days Inventory Historical Data

The historical data trend for Beijing Dinghan Technology Group 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.

Beijing Dinghan Technology Group Co Days Inventory Chart

Beijing Dinghan Technology Group 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 122.99 151.52 140.88 136.47 119.12

Beijing Dinghan Technology Group 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 139.59 92.23 190.72 119.42 122.02

Competitive Comparison of Beijing Dinghan Technology Group Co's Days Inventory

For the Tools & Accessories subindustry, Beijing Dinghan Technology Group 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.


Beijing Dinghan Technology Group Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Dinghan Technology Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Dinghan Technology Group Co's Days Inventory falls into.



Beijing Dinghan Technology Group Co Days Inventory Calculation

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

Beijing Dinghan Technology Group 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
=( (320.103 + 361.972) / 2 ) / 1045.021*365
=341.0375 / 1045.021*365
=119.12

Beijing Dinghan Technology Group 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
=( (415.742 + 410.111) / 2 ) / 308.806*365 / 4
=412.9265 / 308.806*365 / 4
=122.02

* 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.


Beijing Dinghan Technology Group Co  (SZSE:300011) 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.

Beijing Dinghan Technology Group 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.

Beijing Dinghan Technology Group 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.


Beijing Dinghan Technology Group Co Days Inventory Related Terms

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


Beijing Dinghan Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road, Building 2, Building 18, Headquarters Base, Fengtai District, Beijing, CHN, 100070
Beijing Dinghan Technology Group Co Ltd is rooted in the rail transit industry. It is focused on the production and provision of professional equipment and integrated solutions for rail transit. Its rail transit rolling stock equipment includes rolling stock power supply, rolling stock air condition, rolling stock special cables, and rolling stock safety detection systems. Geographically, the activities are carried out through China.
Executives
Gu Qing Wei Directors, executives
Hou Wen Qi Director
Xiao Dong Sheng Executives
Wang Sheng Tang Executives
Ruan Shou Guo Director
Wu Zhi Gang Securities Affairs Representative
Li Jing Supervisors
Cao Wu Shun Independent director
Li Dong Rong Directors, executives
Zhang Yan Bing Directors, executives
Wan Qing Directors, executives
Li Tong Supervisors
Ge Cai Feng Executives
Yang Fan Supervisors
Xing Jian Ping Supervisors

Beijing Dinghan Technology Group Co Headlines

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