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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Days Inventory : 19.41 (As of Mar. 2024)


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What is China Merchants Expressway Network & Technology Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Merchants Expressway Network & Technology Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥413 Mil. China Merchants Expressway Network & Technology Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,944 Mil. Hence, China Merchants Expressway Network & Technology Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 19.41.

The historical rank and industry rank for China Merchants Expressway Network & Technology Holdings Co's Days Inventory or its related term are showing as below:

SZSE:001965' s Days Inventory Range Over the Past 10 Years
Min: 17.87   Med: 92.41   Max: 143.96
Current: 23.29

During the past 10 years, China Merchants Expressway Network & Technology Holdings Co's highest Days Inventory was 143.96. The lowest was 17.87. And the median was 92.41.

SZSE:001965's Days Inventory is ranked better than
64.18% of 1393 companies
in the Construction industry
Industry Median: 48.78 vs SZSE:001965: 23.29

China Merchants Expressway Network & Technology Holdings Co's Days Inventory declined from Mar. 2023 (26.89) to Mar. 2024 (19.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Merchants Expressway Network & Technology Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.70.

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 Merchants Expressway Network & Technology Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


China Merchants Expressway Network & Technology Holdings Co Days Inventory Historical Data

The historical data trend for China Merchants Expressway Network & Technology Holdings 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.

China Merchants Expressway Network & Technology Holdings Co Days Inventory Chart

China Merchants Expressway Network & Technology Holdings 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 65.48 23.16 17.92 17.87 20.18

China Merchants Expressway Network & Technology Holdings 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 26.89 27.59 32.35 18.55 19.41

Competitive Comparison of China Merchants Expressway Network & Technology Holdings Co's Days Inventory

For the Infrastructure Operations subindustry, China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Merchants Expressway Network & Technology Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Merchants Expressway Network & Technology Holdings Co's Days Inventory falls into.



China Merchants Expressway Network & Technology Holdings Co Days Inventory Calculation

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

China Merchants Expressway Network & Technology Holdings 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
=( (310.835 + 367.487) / 2 ) / 6134.765*365
=339.161 / 6134.765*365
=20.18

China Merchants Expressway Network & Technology Holdings 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
=( (367.487 + 459.402) / 2 ) / 1943.999*365 / 4
=413.4445 / 1943.999*365 / 4
=19.41

* 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 Merchants Expressway Network & Technology Holdings Co  (SZSE:001965) 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 Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of China Merchants Expressway Network & Technology Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Business Description

Traded in Other Exchanges
N/A
Address
No.118 Jian Guo Road, 31F China Merchants Tower, Chaoyang District, Beijing, CHN, 100022
China Merchants Expressway Network & Technology Holdings Co Ltd is a China-based service provider for expressway investment and operation. Its business activities include investment and operation of expressway transportation infrastructure, transportation science and technology, intelligent transportation and other industries related to the expressway. Its investment projects include Yongtaiwen Expressway, Beilun Port Expressway, Jiurui Expressway, Huaizhi Expressway, Gaojie Expressway, Zhengxin Huanghe Bridge, among others.

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