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Anhui Gujing Distillery Co (SZSE:000596) Days Inventory : 602.70 (As of Sep. 2023)


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What is Anhui Gujing Distillery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Gujing Distillery Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥6,309 Mil. Anhui Gujing Distillery Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥955 Mil. Hence, Anhui Gujing Distillery Co's Days Inventory for the three months ended in Sep. 2023 was 602.70.

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

SZSE:000596' s Days Inventory Range Over the Past 10 Years
Min: 244.9   Med: 415.14   Max: 526.09
Current: 526.09

During the past 13 years, Anhui Gujing Distillery Co's highest Days Inventory was 526.09. The lowest was 244.90. And the median was 415.14.

SZSE:000596's Days Inventory is ranked worse than
78.92% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 160.075 vs SZSE:000596: 526.09

Anhui Gujing Distillery Co's Days Inventory increased from Sep. 2022 (469.57) to Sep. 2023 (602.70). It might indicate that Anhui Gujing Distillery Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Gujing Distillery Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.15.

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. Anhui Gujing Distillery Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.36.


Anhui Gujing Distillery Co Days Inventory Historical Data

The historical data trend for Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co Days Inventory Chart

Anhui Gujing Distillery Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 422.37 407.90 460.36 446.32 512.71

Anhui Gujing Distillery Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 469.57 636.61 412.86 531.20 602.70

Competitive Comparison of Anhui Gujing Distillery Co's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.


Anhui Gujing Distillery Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Anhui Gujing Distillery Co's Days Inventory falls into.



Anhui Gujing Distillery Co Days Inventory Calculation

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

Anhui Gujing Distillery Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (4663.457 + 6058.106) / 2 ) / 3816.322*365
=5360.7815 / 3816.322*365
=512.71

Anhui Gujing Distillery Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6175.048 + 6443.61) / 2 ) / 955.245*365 / 4
=6309.329 / 955.245*365 / 4
=602.70

* 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.


Anhui Gujing Distillery Co  (SZSE:000596) 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.

Anhui Gujing Distillery Co's Inventory Turnover for the three months ended in Sep. 2023 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.

Anhui Gujing Distillery Co's Inventory to Revenue for the three months ended in Sep. 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.


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.


Anhui Gujing Distillery Co Days Inventory Related Terms

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


Anhui Gujing Distillery Co (SZSE:000596) Business Description

Traded in Other Exchanges
Address
Gujing Town, Anhui Province, Bozhou, CHN, 236820
Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

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