GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sichuan Fulin Transportation Group Co Ltd (SZSE:002357) » Definitions » Days Inventory

Sichuan Fulin Transportation Group Co (SZSE:002357) Days Inventory : 0.59 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sichuan Fulin Transportation Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Fulin Transportation Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1.1 Mil. Sichuan Fulin Transportation Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥168.7 Mil. Hence, Sichuan Fulin Transportation Group Co's Days Inventory for the three months ended in Mar. 2024 was 0.59.

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

SZSE:002357' s Days Inventory Range Over the Past 10 Years
Min: 0.55   Med: 0.82   Max: 3.5
Current: 0.56

During the past 13 years, Sichuan Fulin Transportation Group Co's highest Days Inventory was 3.50. The lowest was 0.55. And the median was 0.82.

SZSE:002357's Days Inventory is ranked better than
94.74% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs SZSE:002357: 0.56

Sichuan Fulin Transportation Group Co's Days Inventory declined from Mar. 2023 (0.68) to Mar. 2024 (0.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Fulin Transportation Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 155.68.

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. Sichuan Fulin Transportation Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Sichuan Fulin Transportation Group Co Days Inventory Historical Data

The historical data trend for Sichuan Fulin Transportation 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.

Sichuan Fulin Transportation Group Co Days Inventory Chart

Sichuan Fulin Transportation 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 0.55 0.79 0.84 0.85 0.63

Sichuan Fulin Transportation Group 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 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 0.68 0.67 0.51 0.51 0.59

Competitive Comparison of Sichuan Fulin Transportation Group Co's Days Inventory

For the Railroads subindustry, Sichuan Fulin Transportation 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.


Sichuan Fulin Transportation Group Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sichuan Fulin Transportation Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Fulin Transportation Group Co's Days Inventory falls into.



Sichuan Fulin Transportation Group Co Days Inventory Calculation

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

Sichuan Fulin Transportation 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
=( (1.307 + 1.105) / 2 ) / 698.083*365
=1.206 / 698.083*365
=0.63

Sichuan Fulin Transportation Group 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
=( (1.105 + 1.062) / 2 ) / 168.684*365 / 4
=1.0835 / 168.684*365 / 4
=0.59

* 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.


Sichuan Fulin Transportation Group Co  (SZSE:002357) 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.

Sichuan Fulin Transportation Group Co'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.

Sichuan Fulin Transportation Group Co'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.


Sichuan Fulin Transportation Group Co Days Inventory Related Terms

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


Sichuan Fulin Transportation Group Co (SZSE:002357) Business Description

Traded in Other Exchanges
N/A
Address
No. 239, Guangfu Road, Building 29, Area N, Qingyang District, Chengdu, CHN, 610091
Sichuan Fulin Transportation Group Co Ltd is a China-based company engaged in passenger and freight transport. It also offers related extended services such as passenger and freight transportation services, charter services, a sale of petroleum products, road passenger transportation, and taxi management, urban bus operation, vehicle maintenance, vehicle inspection, driving and training services, and insurance concurrent agency.
Executives
Lu Qi Yong Director
Tang Shan Lian Supervisors
Cai Liang Fa Directors, executives
Ceng Gang Directors, executives
Wang Zhi Directors, executives
Liu Jie Fang Executives
Hou Lian Yu Director
Chen Shu Guang Director
Jiang Ming Directors, executives

Sichuan Fulin Transportation Group Co (SZSE:002357) Headlines

No Headlines