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Beijing Originwater Technology Co (SZSE:300070) Days Inventory : 14.83 (As of Mar. 2024)


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What is Beijing Originwater Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Originwater Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥219 Mil. Beijing Originwater Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,348 Mil. Hence, Beijing Originwater Technology Co's Days Inventory for the three months ended in Mar. 2024 was 14.83.

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

SZSE:300070' s Days Inventory Range Over the Past 10 Years
Min: 10.82   Med: 27.62   Max: 69.31
Current: 15.64

During the past 13 years, Beijing Originwater Technology Co's highest Days Inventory was 69.31. The lowest was 10.82. And the median was 27.62.

SZSE:300070's Days Inventory is ranked better than
60.29% of 209 companies
in the Waste Management industry
Industry Median: 23.54 vs SZSE:300070: 15.64

Beijing Originwater Technology Co's Days Inventory increased from Mar. 2023 (12.89) to Mar. 2024 (14.83). It might indicate that Beijing Originwater Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Originwater Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 6.15.

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. Beijing Originwater Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Beijing Originwater Technology Co Days Inventory Historical Data

The historical data trend for Beijing Originwater Technology 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.

Beijing Originwater Technology Co Days Inventory Chart

Beijing Originwater Technology 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 46.58 18.44 16.22 14.18 10.82

Beijing Originwater Technology 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 12.89 23.40 22.07 10.69 14.83

Competitive Comparison of Beijing Originwater Technology Co's Days Inventory

For the Waste Management subindustry, Beijing Originwater Technology 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.


Beijing Originwater Technology Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing Originwater Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Originwater Technology Co's Days Inventory falls into.



Beijing Originwater Technology Co Days Inventory Calculation

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

Beijing Originwater Technology 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
=( (178.035 + 199.432) / 2 ) / 6367.754*365
=188.7335 / 6367.754*365
=10.82

Beijing Originwater Technology 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
=( (199.432 + 238.687) / 2 ) / 1347.524*365 / 4
=219.0595 / 1347.524*365 / 4
=14.83

* 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.


Beijing Originwater Technology Co  (SZSE:300070) 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.

Beijing Originwater Technology 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.

Beijing Originwater Technology 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.


Beijing Originwater Technology Co Days Inventory Related Terms

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


Beijing Originwater Technology Co (SZSE:300070) Business Description

Traded in Other Exchanges
N/A
Address
23-2 BOW Building, Life Science Park Road, Haidian District, Beijing, CHN
Beijing Originwater Technology Co Ltd is a high-tech environmental protection enterprise integrated with membrane material development, membrane equipment manufacturing and membrane technology. The company is involved in the treatment of wastewater. The product portfolio includes - Microfiltration membrane (MF), Ultrafiltration (UF), Ultra-low pressure and highly selective membrane (DF), and Reverse Osmosis (RO). The company's products are used in seawater desalination, industrial water recycling, brackish water desalination, household drinking water purification, wastewater reclamation projects, and surface water treatment projects.

Beijing Originwater Technology Co (SZSE:300070) Headlines

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