BTR New Material Group Co (BJSE:835185) Days Inventory : 84.74 (As of Mar. 2024)

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What is BTR New Material Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BTR New Material Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,589 Mil. BTR New Material Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,788 Mil. Hence, BTR New Material Group Co's Days Inventory for the three months ended in Mar. 2024 was 84.74.

The historical rank and industry rank for BTR New Material Group Co's Days Inventory or its related term are showing as below:

BJSE:835185' s Days Inventory Range Over the Past 10 Years
Min: 54.74 Med: 100.98 Max: 125.7
Current: 60.89

During the past 11 years, BTR New Material Group Co's highest Days Inventory was 125.70. The lowest was 54.74. And the median was 100.98.

BJSE:835185's Days Inventory is ranked better than
83.99% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs BJSE:835185: 60.89

BTR New Material Group Co's Days Inventory increased from Mar. 2023 (61.76) to Mar. 2024 (84.74). It might indicate that BTR New Material Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BTR New Material Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.08.

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. BTR New Material Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.73.

BTR New Material Group Co Days Inventory Historical Data

The historical data trend for BTR New Material Group 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.

BTR New Material Group Co Days Inventory Chart

BTR New Material Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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106.45

118.34

79.53

54.74

60.20

BTR New Material Group 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															61.76	52.61	49.14	69.23	84.74

Competitive Comparison of BTR New Material Group Co's Days Inventory

For the Electrical Equipment & Parts subindustry, BTR New Material Group 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.

BTR New Material Group Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BTR New Material Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where BTR New Material Group Co's Days Inventory falls into.

BTR New Material Group Co Days Inventory Calculation

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

BTR New Material Group 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
=	( (4241.911	+	2580.976)	/	2 )	/	20682.846	*	365
=	3411.4435					/	20682.846	*	365
=	60.20

BTR New Material Group 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
=	( (2580.976	+	2596.33)	/	2 )	/	2787.636	*	365 / 4
=	2588.653					/	2787.636	*	365 / 4
=	84.74

BTR New Material Group Co (BJSE:835185) 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.

BTR New Material Group Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2787.636	/	2588.653
	=	1.08

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.

BTR New Material Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2588.653	/	3528.386
	=	0.73

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.

BTR New Material Group Co Days Inventory Related Terms

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

BTR New Material Group Co (BJSE:835185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BTR New Material Group Co Ltd (BJSE:835185) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 8, Guangyuan 4th Road, Dongkeng Community, Fenghuang Subdistrict, Guangming District, Shenzhen, CHN

Website

https://www.btrchina.com

BTR New Material Group Co Ltd is a manufacturer of cathode and anode materials for lithium-ion batteries. It is mainly engaged in graphite mining, graphite product manufacturing, and lithium-ion manufacture of positive electrode materials and negative electrode materials for batteries.

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