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Kweichow Moutai Co (SHSE:600519) Days Inventory : 1,251.40 (As of Mar. 2024)


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What is Kweichow Moutai Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kweichow Moutai Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥46,644 Mil. Kweichow Moutai Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,401 Mil. Hence, Kweichow Moutai Co's Days Inventory for the three months ended in Mar. 2024 was 1,251.40.

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

SHSE:600519' s Days Inventory Range Over the Past 10 Years
Min: 1175.38   Med: 1287.13   Max: 2304.91
Current: 1256.95

During the past 13 years, Kweichow Moutai Co's highest Days Inventory was 2304.91. The lowest was 1175.38. And the median was 1287.13.

SHSE:600519's Days Inventory is ranked worse than
95.12% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 158.99 vs SHSE:600519: 1256.95

Kweichow Moutai Co's Days Inventory increased from Mar. 2023 (1,247.89) to Mar. 2024 (1,251.40). It might indicate that Kweichow Moutai Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kweichow Moutai Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.07.

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. Kweichow Moutai Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.00.


Kweichow Moutai Co Days Inventory Historical Data

The historical data trend for Kweichow Moutai 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.

Kweichow Moutai Co Days Inventory Chart

Kweichow Moutai 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 1,175.38 1,195.74 1,240.86 1,292.25 1,298.73

Kweichow Moutai 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 1,247.89 1,283.54 1,296.43 1,194.37 1,251.40

Competitive Comparison of Kweichow Moutai Co's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai 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.


Kweichow Moutai Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kweichow Moutai Co's Days Inventory falls into.



Kweichow Moutai Co Days Inventory Calculation

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

Kweichow Moutai 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
=( (38824.374 + 46435.185) / 2 ) / 11980.842*365
=42629.7795 / 11980.842*365
=1,298.73

Kweichow Moutai 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
=( (46435.185 + 46852.228) / 2 ) / 3401.173*365 / 4
=46643.7065 / 3401.173*365 / 4
=1,251.40

* 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.


Kweichow Moutai Co  (SHSE:600519) 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.

Kweichow Moutai 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.

Kweichow Moutai Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=46643.7065 / 46484.738
=1.00

* 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.


Kweichow Moutai Co Days Inventory Related Terms

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Kweichow Moutai Co (SHSE:600519) Business Description

Traded in Other Exchanges
N/A
Address
Guizhou Province, Maotai Town, Renhuai, CHN, 564501
Kweichow Moutai is one of China's leading liquor producers. The company was established in 1951 and its headquarters is located in Moutai Town, Guizhou province, southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Given its remarkable pricing power, premium product quality, and unparalleled brand strength, the company achieves the industry's highest retail prices and profit margins.

Kweichow Moutai Co (SHSE:600519) Headlines

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