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Keshun Waterproof Technologies Co (SZSE:300737) Days Inventory : 40.09 (As of Mar. 2024)


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What is Keshun Waterproof Technologies Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Keshun Waterproof Technologies Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥497 Mil. Keshun Waterproof Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,131 Mil. Hence, Keshun Waterproof Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 40.09.

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

SZSE:300737' s Days Inventory Range Over the Past 10 Years
Min: 24.43   Med: 39.88   Max: 61.96
Current: 33.33

During the past 11 years, Keshun Waterproof Technologies Co's highest Days Inventory was 61.96. The lowest was 24.43. And the median was 39.88.

SZSE:300737's Days Inventory is ranked better than
89.15% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs SZSE:300737: 33.33

Keshun Waterproof Technologies Co's Days Inventory increased from Mar. 2023 (36.94) to Mar. 2024 (40.09). It might indicate that Keshun Waterproof Technologies Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Keshun Waterproof Technologies Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.28.

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. Keshun Waterproof Technologies Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.


Keshun Waterproof Technologies Co Days Inventory Historical Data

The historical data trend for Keshun Waterproof Technologies 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.

Keshun Waterproof Technologies Co Days Inventory Chart

Keshun Waterproof Technologies 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 34.84 29.08 24.43 28.97 29.03

Keshun Waterproof Technologies 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 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 36.94 27.69 33.01 32.85 40.09

Competitive Comparison of Keshun Waterproof Technologies Co's Days Inventory

For the Chemicals subindustry, Keshun Waterproof Technologies 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.


Keshun Waterproof Technologies Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Keshun Waterproof Technologies Co's Days Inventory falls into.



Keshun Waterproof Technologies Co Days Inventory Calculation

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

Keshun Waterproof Technologies 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
=( (554.365 + 441.92) / 2 ) / 6262.38*365
=498.1425 / 6262.38*365
=29.03

Keshun Waterproof Technologies 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
=( (441.92 + 552.155) / 2 ) / 1131.442*365 / 4
=497.0375 / 1131.442*365 / 4
=40.09

* 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.


Keshun Waterproof Technologies Co  (SZSE:300737) 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.

Keshun Waterproof Technologies Co'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.

Keshun Waterproof Technologies Co'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.


Keshun Waterproof Technologies Co Days Inventory Related Terms

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Keshun Waterproof Technologies Co (SZSE:300737) Business Description

Traded in Other Exchanges
N/A
Address
No. 38-1, Hongqi Zhong Road Industrial Zone, Ronggui, Shunde district, Guangdong Province, Foshan, CHN
Keshun Waterproof Technologies Co Ltd is engaged in the manufacture and sale of chemical products for building and infrastructure industries. The company offers several products including waterproof coating, bitumen membrane, adhesives, HDPE drainage boards, metal roofs, and any other chemicals. In addition, it also provides tile grout series, water resistance putty, and other auxiliary materials. The company exports its products to various countries such as Singapore, Malaysia, Australia, Philippines, and the United States of America.

Keshun Waterproof Technologies Co (SZSE:300737) Headlines

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