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Jiangxi Geto New Materials (SZSE:300986) Days Inventory : 74.59 (As of Mar. 2025)


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What is Jiangxi Geto New Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangxi Geto New Materials's Average Total Inventories for the three months ended in Mar. 2025 was ¥327 Mil. Jiangxi Geto New Materials's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥400 Mil. Hence, Jiangxi Geto New Materials's Days Inventory for the three months ended in Mar. 2025 was 74.59.

The historical rank and industry rank for Jiangxi Geto New Materials's Days Inventory or its related term are showing as below:

SZSE:300986' s Days Inventory Range Over the Past 10 Years
Min: 55.36   Med: 75.13   Max: 240.43
Current: 63.65

During the past 11 years, Jiangxi Geto New Materials's highest Days Inventory was 240.43. The lowest was 55.36. And the median was 75.13.

SZSE:300986's Days Inventory is ranked worse than
56.94% of 1463 companies
in the Construction industry
Industry Median: 48.2 vs SZSE:300986: 63.65

Jiangxi Geto New Materials's Days Inventory declined from Mar. 2024 (76.52) to Mar. 2025 (74.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangxi Geto New Materials's Inventory Turnover for the three months ended in Mar. 2025 was 1.22.

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. Jiangxi Geto New Materials's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.59.


Jiangxi Geto New Materials Days Inventory Historical Data

The historical data trend for Jiangxi Geto New Materials'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.

Jiangxi Geto New Materials Days Inventory Chart

Jiangxi Geto New Materials Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.20 73.05 71.24 57.42 55.36

Jiangxi Geto New Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 76.52 63.79 68.15 52.00 74.59

Competitive Comparison of Jiangxi Geto New Materials's Days Inventory

For the Building Products & Equipment subindustry, Jiangxi Geto New Materials'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.


Jiangxi Geto New Materials's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangxi Geto New Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangxi Geto New Materials's Days Inventory falls into.


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Jiangxi Geto New Materials Days Inventory Calculation

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

Jiangxi Geto New Materials's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (263.408 + 308.45) / 2 ) / 1885.183*365
=285.929 / 1885.183*365
=55.36

Jiangxi Geto New Materials's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (308.45 + 345.363) / 2 ) / 399.934*365 / 4
=326.9065 / 399.934*365 / 4
=74.59

* 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.


Jiangxi Geto New Materials  (SZSE:300986) 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.

Jiangxi Geto New Materials's Inventory Turnover for the three months ended in Mar. 2025 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.

Jiangxi Geto New Materials's Inventory to Revenue for the three months ended in Mar. 2025 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.


Jiangxi Geto New Materials Days Inventory Related Terms

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Jiangxi Geto New Materials Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Torch Development Zone, 4th Floor, Building B, Zhongshan Creative Port, Guangdong Province, Zhongshan, CHN, 528436
Jiangxi Geto New Materials Corp Ltd is a comprehensive service-oriented enterprise mainly engaged in new-type building aluminum formwork, self-climbing platforms, and concrete products. Its product offerings include aluminum molds, aluminum alloy templates, sky building machines, steel formwork systems, fair-faced concretes, prefabricated houses, lifting protection platforms, steel frame wooden formwork, and others. The company's products are mainly used in the civil and public construction fields.

Jiangxi Geto New Materials Headlines

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