China Railway Prefabricated Construction Co (SZSE:300374) Days Inventory : 27.62 (As of Mar. 2024)

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What is China Railway Prefabricated Construction Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Railway Prefabricated Construction Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥93 Mil. China Railway Prefabricated Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥307 Mil. Hence, China Railway Prefabricated Construction Co's Days Inventory for the three months ended in Mar. 2024 was 27.62.

The historical rank and industry rank for China Railway Prefabricated Construction Co's Days Inventory or its related term are showing as below:

SZSE:300374' s Days Inventory Range Over the Past 10 Years
Min: 16.69 Med: 50.7 Max: 152.23
Current: 20.94

During the past 13 years, China Railway Prefabricated Construction Co's highest Days Inventory was 152.23. The lowest was 16.69. And the median was 50.70.

SZSE:300374's Days Inventory is ranked better than
90.24% of 369 companies
in the Building Materials industry
Industry Median: 83.79 vs SZSE:300374: 20.94

China Railway Prefabricated Construction Co's Days Inventory declined from Mar. 2023 (40.27) to Mar. 2024 (27.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Railway Prefabricated Construction Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.30.

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. China Railway Prefabricated Construction Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.

China Railway Prefabricated Construction Co Days Inventory Historical Data

The historical data trend for China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction Co Days Inventory Chart

China Railway Prefabricated Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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73.55

33.68

45.10

37.09

16.69

China Railway Prefabricated Construction Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															40.27	19.42	20.54	16.02	27.62

Competitive Comparison of China Railway Prefabricated Construction Co's Days Inventory

For the Building Materials subindustry, China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Railway Prefabricated Construction Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Railway Prefabricated Construction Co's Days Inventory falls into.

China Railway Prefabricated Construction Co Days Inventory Calculation

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

China Railway Prefabricated Construction 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
=	( (56.69	+	71.84)	/	2 )	/	1405.369	*	365
=	64.265					/	1405.369	*	365
=	16.69

China Railway Prefabricated Construction Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (71.84	+	114.06)	/	2 )	/	307.12	*	365 / 4
=	92.95					/	307.12	*	365 / 4
=	27.62

China Railway Prefabricated Construction Co (SZSE:300374) 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.

China Railway Prefabricated Construction Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	307.12	/	92.95
	=	3.30

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.

China Railway Prefabricated Construction Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	92.95	/	318.254
	=	0.29

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.

China Railway Prefabricated Construction Co Days Inventory Related Terms

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

China Railway Prefabricated Construction Co (SZSE:300374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Railway Prefabricated Construction Co Ltd (SZSE:300374) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 86-5, Wanxing Road, Changyang, Fangshan District, Beijing, CHN, 102444

Website

http://www.htcxms.com

China Railway Prefabricated Construction Co Ltd is engaged in production, sales and assembly of building materials such as new wall materials, building structure materials, indoor and outdoor decoration materials, garden landscape materials.

Executives

Sun Zhi Qiang	Director
Shen Hai Jun	Executives
Song Ai Jun	Supervisors
Tan Li Ming	Secretary Dong
Liu Wen Cai	Executives
Wang Yu Lian	Directors, executives
Wang Qiu Yan	Directors, executives

China Railway Prefabricated Construction Co (SZSE:300374) Headlines

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