China Crystal New Material Holdings Co (XKRX:900250) Days Inventory : 58.22 (As of Mar. 2024)

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What is China Crystal New Material Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Crystal New Material Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩8,118 Mil. China Crystal New Material Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩12,722 Mil. Hence, China Crystal New Material Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 58.22.

The historical rank and industry rank for China Crystal New Material Holdings Co's Days Inventory or its related term are showing as below:

XKRX:900250' s Days Inventory Range Over the Past 10 Years
Min: 24.88 Med: 44.08 Max: 54.71
Current: 54.71

During the past 10 years, China Crystal New Material Holdings Co's highest Days Inventory was 54.71. The lowest was 24.88. And the median was 44.08.

XKRX:900250's Days Inventory is ranked better than
73.24% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs XKRX:900250: 54.71

China Crystal New Material Holdings Co's Days Inventory declined from Mar. 2023 (83.33) to Mar. 2024 (58.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Crystal New Material Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.57.

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. China Crystal New Material Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.

China Crystal New Material Holdings Co Days Inventory Historical Data

The historical data trend for China Crystal New Material Holdings 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.

China Crystal New Material Holdings Co Days Inventory Chart

China Crystal New Material Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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46.95

41.74

51.89

48.21

54.26

China Crystal New Material Holdings 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															83.33	49.92	41.82	65.99	58.22

Competitive Comparison of China Crystal New Material Holdings Co's Days Inventory

For the Chemicals subindustry, China Crystal New Material Holdings 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.

China Crystal New Material Holdings Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Crystal New Material Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Crystal New Material Holdings Co's Days Inventory falls into.

China Crystal New Material Holdings Co Days Inventory Calculation

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

China Crystal New Material Holdings 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
=	( (7590.315	+	6623.245)	/	2 )	/	47804.44	*	365
=	7106.78					/	47804.44	*	365
=	54.26

China Crystal New Material Holdings 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
=	( (6623.245	+	9612.311)	/	2 )	/	12722.171	*	365 / 4
=	8117.778					/	12722.171	*	365 / 4
=	58.22

China Crystal New Material Holdings Co (XKRX:900250) 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.

China Crystal New Material Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12722.171	/	8117.778
	=	1.57

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.

China Crystal New Material Holdings Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8117.778	/	20363.133
	=	0.40

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.

China Crystal New Material Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of China Crystal New Material Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Crystal New Material Holdings Co (XKRX:900250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Crystal New Material Holdings Co Ltd (XKRX:900250) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Artemis House, 75 Fort Street, George Town, P.O. Box 31493, Grand Cayman, CYM, KY1-1206

Website

http://www.chinacrystal.com.tw

China Crystal New Material Holdings Co Ltd is a manufacturer of industrial materials. Its principal products cover six categories over 100 varieties, including synthetic mica flake, nature wet ground mica powder, synthetic wet ground mica powder, synthetic wet ground mica powder as a cosmetic class, synthetic wet ground mica powder as fillers and fire-resistant synthetic mica tape. The products are widely used in modern industries including aviation, aerospace, metallurgy, electronics, chemicals, textiles, machinery, high-grade inks, cosmetics, fine ceramics, plastics, and atomic energy industry.

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