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Zhang Xiaoquan (SZSE:301055) Days Inventory : 110.72 (As of Mar. 2024)


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What is Zhang Xiaoquan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhang Xiaoquan's Average Total Inventories for the three months ended in Mar. 2024 was ¥165.0 Mil. Zhang Xiaoquan's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥136.0 Mil. Hence, Zhang Xiaoquan's Days Inventory for the three months ended in Mar. 2024 was 110.72.

The historical rank and industry rank for Zhang Xiaoquan's Days Inventory or its related term are showing as below:

SZSE:301055' s Days Inventory Range Over the Past 10 Years
Min: 103.37   Med: 108.31   Max: 124.4
Current: 111.31

During the past 7 years, Zhang Xiaoquan's highest Days Inventory was 124.40. The lowest was 103.37. And the median was 108.31.

SZSE:301055's Days Inventory is ranked worse than
55.53% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.08 vs SZSE:301055: 111.31

Zhang Xiaoquan's Days Inventory declined from Mar. 2023 (112.69) to Mar. 2024 (110.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhang Xiaoquan's Inventory Turnover for the three months ended in Mar. 2024 was 0.82.

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. Zhang Xiaoquan's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.77.


Zhang Xiaoquan Days Inventory Historical Data

The historical data trend for Zhang Xiaoquan'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.

Zhang Xiaoquan Days Inventory Chart

Zhang Xiaoquan Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 124.40 118.72 106.42 108.31 107.42

Zhang Xiaoquan Quarterly Data
Dec17 Dec18 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 112.69 121.10 124.92 94.43 110.72

Competitive Comparison of Zhang Xiaoquan's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Zhang Xiaoquan'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.


Zhang Xiaoquan's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhang Xiaoquan's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhang Xiaoquan's Days Inventory falls into.



Zhang Xiaoquan Days Inventory Calculation

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

Zhang Xiaoquan'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
=( (148.524 + 159.203) / 2 ) / 522.79*365
=153.8635 / 522.79*365
=107.42

Zhang Xiaoquan'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
=( (159.203 + 170.798) / 2 ) / 135.988*365 / 4
=165.0005 / 135.988*365 / 4
=110.72

* 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.


Zhang Xiaoquan  (SZSE:301055) 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.

Zhang Xiaoquan'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.

Zhang Xiaoquan'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.


Zhang Xiaoquan Days Inventory Related Terms

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


Zhang Xiaoquan (SZSE:301055) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Wuxing Road, Dongzhou Street, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311401
Zhang Xiaoquan Inc is a is a modern living hardware company integrating design, research and development, production, sales and service. It offers home kitchen products, personal care products, garden and agronomic products, hotel kitchen utensils and others to consumers at home and abroad.

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