GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dongguan Golden Sun Abrasives Co Ltd (SZSE:300606) » Definitions » Days Inventory

Dongguan Golden Sun Abrasives Co (SZSE:300606) Days Inventory : 205.89 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Dongguan Golden Sun Abrasives Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongguan Golden Sun Abrasives Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥195.5 Mil. Dongguan Golden Sun Abrasives Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥86.7 Mil. Hence, Dongguan Golden Sun Abrasives Co's Days Inventory for the three months ended in Sep. 2024 was 205.89.

The historical rank and industry rank for Dongguan Golden Sun Abrasives Co's Days Inventory or its related term are showing as below:

SZSE:300606' s Days Inventory Range Over the Past 10 Years
Min: 111.07   Med: 137.97   Max: 195.21
Current: 173.05

During the past 13 years, Dongguan Golden Sun Abrasives Co's highest Days Inventory was 195.21. The lowest was 111.07. And the median was 137.97.

SZSE:300606's Days Inventory is ranked worse than
84.24% of 1459 companies
in the Construction industry
Industry Median: 47.99 vs SZSE:300606: 173.05

Dongguan Golden Sun Abrasives Co's Days Inventory increased from Sep. 2023 (109.68) to Sep. 2024 (205.89). It might indicate that Dongguan Golden Sun Abrasives Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongguan Golden Sun Abrasives Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.44.

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. Dongguan Golden Sun Abrasives Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.71.


Dongguan Golden Sun Abrasives Co Days Inventory Historical Data

The historical data trend for Dongguan Golden Sun Abrasives 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.

Dongguan Golden Sun Abrasives Co Days Inventory Chart

Dongguan Golden Sun Abrasives 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 111.07 125.11 154.50 195.21 143.13

Dongguan Golden Sun Abrasives 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 109.68 130.69 208.03 159.02 205.89

Competitive Comparison of Dongguan Golden Sun Abrasives Co's Days Inventory

For the Building Products & Equipment subindustry, Dongguan Golden Sun Abrasives 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.


Dongguan Golden Sun Abrasives Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Golden Sun Abrasives Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dongguan Golden Sun Abrasives Co's Days Inventory falls into.



Dongguan Golden Sun Abrasives Co Days Inventory Calculation

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

Dongguan Golden Sun Abrasives 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
=( (163.834 + 153.551) / 2 ) / 404.696*365
=158.6925 / 404.696*365
=143.13

Dongguan Golden Sun Abrasives 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
=( (188.004 + 203.031) / 2 ) / 86.653*365 / 4
=195.5175 / 86.653*365 / 4
=205.89

* 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.


Dongguan Golden Sun Abrasives Co  (SZSE:300606) 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.

Dongguan Golden Sun Abrasives 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.

Dongguan Golden Sun Abrasives 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.


Dongguan Golden Sun Abrasives Co Days Inventory Related Terms

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


Dongguan Golden Sun Abrasives Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Dahuan Road, Dalingshan Town, Guangdong Province, Dongguan, CHN, 523826
Dongguan Golden Sun Abrasives Co Ltd is based in China. The company is mainly engaged in the research and development, production and sales of polishing materials, high-end intelligent equipment and precision structural parts manufacturing services, providing customers with comprehensive solutions for precision grinding and polishing and precision structural parts manufacturing.
Executives
Du Zhang Bo Director
Yang Wei Directors, executives
Fang Hong Directors, executives
Liu Yi Biao Directors, executives
Du Yan Yan Secretary Dong
Nong Zhong Chao Executives
Zhu Yuan Ji Executives
Yan Xin Ting Supervisors
Yang Lu Directors, executives
Li Ya Bin Supervisors
Xu Man Director

Dongguan Golden Sun Abrasives Co Headlines

No Headlines