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Jaingsu Yike Food Group Co (SZSE:301116) Days Inventory : 18.11 (As of Sep. 2024)


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What is Jaingsu Yike Food Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jaingsu Yike Food Group Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,004 Mil. Jaingsu Yike Food Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥5,059 Mil. Hence, Jaingsu Yike Food Group Co's Days Inventory for the three months ended in Sep. 2024 was 18.11.

The historical rank and industry rank for Jaingsu Yike Food Group Co's Days Inventory or its related term are showing as below:

SZSE:301116' s Days Inventory Range Over the Past 10 Years
Min: 8.96   Med: 10.75   Max: 19.64
Current: 19.43

During the past 13 years, Jaingsu Yike Food Group Co's highest Days Inventory was 19.64. The lowest was 8.96. And the median was 10.75.

SZSE:301116's Days Inventory is ranked better than
94.94% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 82.56 vs SZSE:301116: 19.43

Jaingsu Yike Food Group Co's Days Inventory declined from Sep. 2023 (19.90) to Sep. 2024 (18.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jaingsu Yike Food Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 5.04.

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. Jaingsu Yike Food Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.19.


Jaingsu Yike Food Group Co Days Inventory Historical Data

The historical data trend for Jaingsu Yike Food Group 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.

Jaingsu Yike Food Group Co Days Inventory Chart

Jaingsu Yike Food Group 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 - 9.62 10.17 18.75 19.64

Jaingsu Yike Food Group 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 19.90 19.11 21.79 18.17 18.11

Competitive Comparison of Jaingsu Yike Food Group Co's Days Inventory

For the Farm Products subindustry, Jaingsu Yike Food Group 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.


Jaingsu Yike Food Group Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jaingsu Yike Food Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jaingsu Yike Food Group Co's Days Inventory falls into.



Jaingsu Yike Food Group Co Days Inventory Calculation

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

Jaingsu Yike Food Group 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
=( (1319.685 + 984.286) / 2 ) / 21403.894*365
=1151.9855 / 21403.894*365
=19.64

Jaingsu Yike Food Group 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
=( (1018.687 + 989.402) / 2 ) / 5058.685*365 / 4
=1004.0445 / 5058.685*365 / 4
=18.11

* 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.


Jaingsu Yike Food Group Co  (SZSE:301116) 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.

Jaingsu Yike Food Group 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.

Jaingsu Yike Food Group 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.


Jaingsu Yike Food Group Co Days Inventory Related Terms

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Jaingsu Yike Food Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Taihangshan Road, Suyu Economic Development Zone, Jiangsu Province, Suqian, CHN, 223800
Jaingsu Yike Food Group Co Ltd is engaged in poultry slaughter and processing, feed production and sales, commercial hatching and sales of poultry seedlings, and production and sales of cooked food and prepared products.

Jaingsu Yike Food Group Co Headlines

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