ZKH (ZKH Group) Days Inventory : 8.50 (As of Dec. 2024)

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What is ZKH Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ZKH Group's Average Total Inventories for the three months ended in Dec. 2024 was $89 Mil. ZKH Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $959 Mil. Hence, ZKH Group's Days Inventory for the three months ended in Dec. 2024 was 8.50.

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

ZKH' s Days Inventory Range Over the Past 10 Years
Min: 19.79 Med: 36.28 Max: 42.1
Current: 19.79

During the past 5 years, ZKH Group's highest Days Inventory was 42.10. The lowest was 19.79. And the median was 36.28.

ZKH's Days Inventory is ranked better than
85.06% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 105.985 vs ZKH: 19.79

ZKH Group's Days Inventory declined from Dec. 2023 (30.41) to Dec. 2024 (8.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. ZKH Group's Inventory Turnover for the three months ended in Dec. 2024 was 10.73.

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. ZKH Group's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.08.

ZKH Group Days Inventory Historical Data

The historical data trend for ZKH Group'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.

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ZKH Group Days Inventory Chart

ZKH Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

42.10

38.89

33.67

32.91

ZKH Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial					30.41	40.54	33.21	31.65	8.50

Competitive Comparison of ZKH Group's Days Inventory

For the Internet Retail subindustry, ZKH Group'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.

ZKH Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZKH Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where ZKH Group's Days Inventory falls into.

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ZKH Group Days Inventory Calculation

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

ZKH Group'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
=	( (93.693	+	85.897)	/	2 )	/	995.9	*	365
=	89.795					/	995.9	*	365
=	32.91

ZKH Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (92.836	+	85.897)	/	2 )	/	958.864	*	365 / 4
=	89.3665					/	958.864	*	365 / 4
=	8.50

ZKH Group (NYSE:ZKH) 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.

ZKH Group's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	958.864	/	89.3665
	=	10.73

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.

ZKH Group's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89.3665	/	1158.724
	=	0.08

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.

ZKH Group Days Inventory Related Terms

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

ZKH Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKH Group Ltd (NYSE:ZKH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36 Shenbin Road, 7th Floor, Tower 4, Libao Plaza, Minhang District, Shanghai, CHN, 201106

Website

https://www.zkh.com

ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.