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China Dive Co (SZSE:300526) Days Inventory : 147.08 (As of Mar. 2023)


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What is China Dive Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Dive Co's Average Total Inventories for the three months ended in Mar. 2023 was ¥28.7 Mil. China Dive Co's Cost of Goods Sold for the three months ended in Mar. 2023 was ¥17.8 Mil. Hence, China Dive Co's Days Inventory for the three months ended in Mar. 2023 was 147.08.

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

SZSE:300526's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 36.44
* Ranked among companies with meaningful Days Inventory only.

China Dive Co's Days Inventory declined from Mar. 2022 (516.41) to Mar. 2023 (147.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Dive Co's Inventory Turnover for the three months ended in Mar. 2023 was 0.62.

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 Dive Co's Inventory-to-Revenue for the three months ended in Mar. 2023 was 1.42.


China Dive Co Days Inventory Historical Data

The historical data trend for China Dive 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 Dive Co Days Inventory Chart

China Dive Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.23 128.79 139.33 292.76 75.41

China Dive Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 516.41 113.58 164.69 41.74 147.08

Competitive Comparison of China Dive Co's Days Inventory

For the Leisure subindustry, China Dive 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 Dive Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Dive Co's Days Inventory distribution charts can be found below:

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



China Dive Co Days Inventory Calculation

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

China Dive Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (17.831 + 29.405) / 2 ) / 114.315*365
=23.618 / 114.315*365
=75.41

China Dive Co's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (29.405 + 27.92) / 2 ) / 17.782*365 / 4
=28.6625 / 17.782*365 / 4
=147.08

* 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.


China Dive Co  (SZSE:300526) 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 Dive Co's Inventory Turnover for the three months ended in Mar. 2023 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.

China Dive Co's Inventory to Revenue for the three months ended in Mar. 2023 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.


China Dive Co Days Inventory Related Terms

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


China Dive Co (SZSE:300526) Business Description

Traded in Other Exchanges
N/A
Address
Changbu Village, Xinxu Town, Huiyang District, Guangdong Province, Huizhou, CHN, 516223
China Dive Co Ltd is a manufacturer of diving equipment products and provides diving services. Its engaged in producing marine diving equipment such as diving suits and fishing and hunting suits. It offers products such as dry diving suits, semi-dry wetsuit, wetsuit, hunting and fishing clothes, and other accessory equipment.

China Dive Co (SZSE:300526) Headlines

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