GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PhiChem Corp (SZSE:300398) » Definitions » Days Inventory

PhiChem (SZSE:300398) Days Inventory : 121.08 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is PhiChem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PhiChem's Average Total Inventories for the three months ended in Sep. 2024 was ¥658 Mil. PhiChem's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥496 Mil. Hence, PhiChem's Days Inventory for the three months ended in Sep. 2024 was 121.08.

The historical rank and industry rank for PhiChem's Days Inventory or its related term are showing as below:

SZSE:300398' s Days Inventory Range Over the Past 10 Years
Min: 68.29   Med: 132.63   Max: 169.37
Current: 127.78

During the past 13 years, PhiChem's highest Days Inventory was 169.37. The lowest was 68.29. And the median was 132.63.

SZSE:300398's Days Inventory is ranked worse than
75.44% of 1494 companies
in the Chemicals industry
Industry Median: 77.62 vs SZSE:300398: 127.78

PhiChem's Days Inventory declined from Sep. 2023 (140.30) to Sep. 2024 (121.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. PhiChem'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. PhiChem's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.86.


PhiChem Days Inventory Historical Data

The historical data trend for PhiChem'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.

PhiChem Days Inventory Chart

PhiChem 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 169.37 154.27 135.40 145.22 141.57

PhiChem 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 140.30 123.66 137.56 128.98 121.08

Competitive Comparison of PhiChem's Days Inventory

For the Specialty Chemicals subindustry, PhiChem'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.


PhiChem's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PhiChem's Days Inventory distribution charts can be found below:

* The bar in red indicates where PhiChem's Days Inventory falls into.



PhiChem Days Inventory Calculation

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

PhiChem'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
=( (740.783 + 646.565) / 2 ) / 1788.396*365
=693.674 / 1788.396*365
=141.57

PhiChem'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
=( (668.201 + 648.092) / 2 ) / 496.003*365 / 4
=658.1465 / 496.003*365 / 4
=121.08

* 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.


PhiChem  (SZSE:300398) 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.

PhiChem'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.

PhiChem'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.


PhiChem Days Inventory Related Terms

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


PhiChem Business Description

Traded in Other Exchanges
N/A
Address
2999 Panjing Road, Baoshan district, Shanghai, CHN, 201908
PhiChem Corp is a chemical manufacturing company. It is engaged in the research, production, and sale of materials and specialty chemicals used in high-tech manufacturing. Its product portfolio includes formulated ultraviolet (UV) curable materials optical fiber/cable, materials for wafer, printed circuit board, light-emitting diode (LED), Surface-mount technology (SMT) production, Liquid crystal materials for information display applications, release coating materials for packaging and industrial applications, specialty resins, intermediates and additives. Its products are also used in electronic manufacturing fields. The company has a global presence with sales offices in China, Taiwan, Japan, United States, South Korea and India.
Executives
Wu Jin Xian Executives
Song Shu Guo Directors, executives
Su Bin Directors, executives
Director
Zhang Lu Yang Independent director
Jin Ding Director
Wang Lin Supervisors

PhiChem Headlines

No Headlines