Shanghai Chicmax Cosmetic Co (HKSE:02145) Days Inventory : 131.95 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Shanghai Chicmax Cosmetic Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Chicmax Cosmetic Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$538 Mil. Shanghai Chicmax Cosmetic Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$744 Mil. Hence, Shanghai Chicmax Cosmetic Co's Days Inventory for the six months ended in Dec. 2023 was 131.95.

The historical rank and industry rank for Shanghai Chicmax Cosmetic Co's Days Inventory or its related term are showing as below:

HKSE:02145' s Days Inventory Range Over the Past 10 Years
Min: 157.08 Med: 164.25 Max: 224.31
Current: 157.08

During the past 5 years, Shanghai Chicmax Cosmetic Co's highest Days Inventory was 224.31. The lowest was 157.08. And the median was 164.25.

HKSE:02145's Days Inventory is ranked worse than
78.94% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs HKSE:02145: 157.08

Shanghai Chicmax Cosmetic Co's Days Inventory declined from Dec. 2022 (191.45) to Dec. 2023 (131.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Chicmax Cosmetic Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.38.

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. Shanghai Chicmax Cosmetic Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

Shanghai Chicmax Cosmetic Co Days Inventory Historical Data

The historical data trend for Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co Days Inventory Chart

Shanghai Chicmax Cosmetic Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

164.25

160.73

171.16

224.31

162.00

Shanghai Chicmax Cosmetic Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			175.39	251.45	191.45	185.99	131.95

Competitive Comparison of Shanghai Chicmax Cosmetic Co's Days Inventory

For the Household & Personal Products subindustry, Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Chicmax Cosmetic Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Chicmax Cosmetic Co's Days Inventory falls into.

Shanghai Chicmax Cosmetic Co Days Inventory Calculation

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

Shanghai Chicmax Cosmetic 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
=	( (578.584	+	558.655)	/	2 )	/	1281.116	*	365
=	568.6195					/	1281.116	*	365
=	162.00

Shanghai Chicmax Cosmetic Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (516.763	+	558.655)	/	2 )	/	743.726	*	365 / 2
=	537.709					/	743.726	*	365 / 2
=	131.95

Shanghai Chicmax Cosmetic Co (HKSE:02145) 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.

Shanghai Chicmax Cosmetic Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	743.726	/	537.709
	=	1.38

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.

Shanghai Chicmax Cosmetic Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	537.709	/	2848.12
	=	0.19

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.

Shanghai Chicmax Cosmetic Co Days Inventory Related Terms

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

Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN

Website

http://www.chicmaxgroup.com

Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.

Shanghai Chicmax Cosmetic Co (HKSE:02145) Headlines

No Headlines