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Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Days Inventory : 215.52 (As of Mar. 2024)


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What is Beijing Competitor Sports Science Technology Joint Stock Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Competitor Sports Science Technology Joint Stock Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥190.0 Mil. Beijing Competitor Sports Science Technology Joint Stock Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥80.4 Mil. Hence, Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory for the three months ended in Mar. 2024 was 215.52.

The historical rank and industry rank for Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory or its related term are showing as below:

BJSE:833429' s Days Inventory Range Over the Past 10 Years
Min: 91.61   Med: 122.62   Max: 153.72
Current: 128.02

During the past 11 years, Beijing Competitor Sports Science Technology Joint Stock Co's highest Days Inventory was 153.72. The lowest was 91.61. And the median was 122.62.

BJSE:833429's Days Inventory is ranked worse than
71.76% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs BJSE:833429: 128.02

Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory increased from Mar. 2023 (206.86) to Mar. 2024 (215.52). It might indicate that Beijing Competitor Sports Science Technology Joint Stock Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Competitor Sports Science Technology Joint Stock Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.42.

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 Competitor Sports Science Technology Joint Stock Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.24.


Beijing Competitor Sports Science Technology Joint Stock Co Days Inventory Historical Data

The historical data trend for Beijing Competitor Sports Science Technology Joint Stock 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 Competitor Sports Science Technology Joint Stock Co Days Inventory Chart

Beijing Competitor Sports Science Technology Joint Stock 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 91.61 95.74 130.23 153.72 126.99

Beijing Competitor Sports Science Technology Joint Stock Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 206.86 100.58 125.74 110.89 215.52

Competitive Comparison of Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory

For the Packaged Foods subindustry, Beijing Competitor Sports Science Technology Joint Stock 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 Competitor Sports Science Technology Joint Stock Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Competitor Sports Science Technology Joint Stock Co's Days Inventory falls into.



Beijing Competitor Sports Science Technology Joint Stock Co Days Inventory Calculation

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

Beijing Competitor Sports Science Technology Joint Stock 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
=( (173.941 + 177.537) / 2 ) / 505.134*365
=175.739 / 505.134*365
=126.99

Beijing Competitor Sports Science Technology Joint Stock 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
=( (177.537 + 202.384) / 2 ) / 80.428*365 / 4
=189.9605 / 80.428*365 / 4
=215.52

* 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 Competitor Sports Science Technology Joint Stock Co  (BJSE:833429) 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 Competitor Sports Science Technology Joint Stock 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 Competitor Sports Science Technology Joint Stock 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 Competitor Sports Science Technology Joint Stock Co Days Inventory Related Terms

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Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Lixiang Road,, Science and Technology Park, Changping District, Beijing, CHN, 102200
Beijing Competitor Sports Science Technology Joint Stock Co Ltd manufactures sports nutrition foods. It mainly focuses on Sports nutrition, research and development and manufacturing of healthy and nutritious food, digital sports technology service.

Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Headlines

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