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Sichuan Dowell Science and Technology (SZSE:300535) Days Inventory : 174.29 (As of Mar. 2024)


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What is Sichuan Dowell Science and Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Dowell Science and Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥203.0 Mil. Sichuan Dowell Science and Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥106.3 Mil. Hence, Sichuan Dowell Science and Technology's Days Inventory for the three months ended in Mar. 2024 was 174.29.

The historical rank and industry rank for Sichuan Dowell Science and Technology's Days Inventory or its related term are showing as below:

SZSE:300535' s Days Inventory Range Over the Past 10 Years
Min: 132.47   Med: 151.61   Max: 218.52
Current: 144.43

During the past 13 years, Sichuan Dowell Science and Technology's highest Days Inventory was 218.52. The lowest was 132.47. And the median was 151.61.

SZSE:300535's Days Inventory is ranked worse than
78.89% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs SZSE:300535: 144.43

Sichuan Dowell Science and Technology's Days Inventory declined from Mar. 2023 (225.96) to Mar. 2024 (174.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Dowell Science and Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.52.

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. Sichuan Dowell Science and Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.23.


Sichuan Dowell Science and Technology Days Inventory Historical Data

The historical data trend for Sichuan Dowell Science and Technology'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.

Sichuan Dowell Science and Technology Days Inventory Chart

Sichuan Dowell Science and Technology 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 165.88 167.04 179.11 218.52 148.68

Sichuan Dowell Science and Technology 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 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 225.96 153.26 128.61 126.43 174.29

Competitive Comparison of Sichuan Dowell Science and Technology's Days Inventory

For the Specialty Chemicals subindustry, Sichuan Dowell Science and Technology'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.


Sichuan Dowell Science and Technology's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Sichuan Dowell Science and Technology's Days Inventory falls into.



Sichuan Dowell Science and Technology Days Inventory Calculation

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

Sichuan Dowell Science and Technology'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
=( (209.64 + 193.573) / 2 ) / 494.933*365
=201.6065 / 494.933*365
=148.68

Sichuan Dowell Science and Technology'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
=( (193.573 + 212.403) / 2 ) / 106.276*365 / 4
=202.988 / 106.276*365 / 4
=174.29

* 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.


Sichuan Dowell Science and Technology  (SZSE:300535) 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.

Sichuan Dowell Science and Technology's Inventory Turnover for the three months ended in Mar. 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.

Sichuan Dowell Science and Technology's Inventory to Revenue for the three months ended in Mar. 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.


Sichuan Dowell Science and Technology Days Inventory Related Terms

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


Sichuan Dowell Science and Technology (SZSE:300535) Business Description

Traded in Other Exchanges
N/A
Address
No. 89, South Road, Xinyuan, Singapore Industrial Park, High-tech Zone, Sichuan, Chengdu, CHN
Sichuan Dowell Science and Technology Inc is a China based manufacturer and engaged in research and development, production and sale of chemicals. It offers products such as cleaning leather materials, leather functional additives, finishing materials, coating materials, and colorant.
Executives
Luo Mei Executives
Li Hong Directors, Directors, and Executives
Yan Jian Lin Directors, executives
Xie Jing Supervisors
Ceng Xiao Lin Directors, executives

Sichuan Dowell Science and Technology (SZSE:300535) Headlines

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