Days Inventory is also known as Days Sales of Inventory (DSI). China Jushi Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥4,443 Mil. China Jushi Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥2,701 Mil.
Hence, China Jushi Co's Days Inventory for the
three
months ended in Mar. 2024 was 150.08.
The historical rank and industry rank for China Jushi Co's Days Inventory or its related term are showing as below:
SHSE:600176'
s Days Inventory Range Over the Past 10 Years
Min: 64 Med: 103.05 Max: 147.59
Current: 146.37
During the past 13 years, China Jushi Co's highest Days Inventory was 147.59. The lowest was 64.00. And the median was 103.05.
SHSE:600176's Days Inventory is ranked worse than 74.11% of 367
companies
in the Building Materials industry
Industry Median: 83.41
vs SHSE:600176: 146.37
China Jushi Co's Days Inventory
increased
from Mar. 2023 (149.40) to Mar. 2024 (150.08).
It might indicate that China Jushi Co's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Jushi Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.61.
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 Jushi Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.31.
China Jushi Co Days Inventory Historical Data
The historical data trend for China Jushi 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.
Competitive Comparison of China Jushi Co's Days Inventory
For the Building Materials subindustry, China Jushi 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 Jushi Co's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, China Jushi Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Jushi Co's Days Inventory falls into.
China Jushi Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Jushi Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
China Jushi Co (SHSE:600176) 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 Jushi 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.
China Jushi 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.
China Jushi Co Days Inventory Related Terms
Thank you for viewing the detailed overview of China Jushi Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Jushi Co Ltd is a manufacturer of glass fiber and related products. It is also engaged in the development and operation of the commercial real estate, residential chain management, and logistics businesses. The company has a range of reinforcement fiberglass products and specifications, mainly including E-glass and C-glass rovings, chopped strands, powder and emulsion chopped strand mats, and woven rovings. In addition, the company also provides testing services for testing glass, mineral raw materials, fiberglass and its articles, fiberglass reinforced composites, chemical raw materials, sewage, waste gas and packaging materials.
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