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Dongjiang Environmental Co (HKSE:00895) Days Inventory : 70.61 (As of Dec. 2023)


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What is Dongjiang Environmental Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongjiang Environmental Co's Average Total Inventories for the three months ended in Dec. 2023 was HK$865 Mil. Dongjiang Environmental Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$1,118 Mil. Hence, Dongjiang Environmental Co's Days Inventory for the three months ended in Dec. 2023 was 70.61.

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

HKSE:00895' s Days Inventory Range Over the Past 10 Years
Min: 45.92   Med: 57.21   Max: 73.09
Current: 73.09

During the past 13 years, Dongjiang Environmental Co's highest Days Inventory was 73.09. The lowest was 45.92. And the median was 57.21.

HKSE:00895's Days Inventory is ranked worse than
78.2% of 211 companies
in the Waste Management industry
Industry Median: 22.94 vs HKSE:00895: 73.09

Dongjiang Environmental Co's Days Inventory increased from Dec. 2022 (67.55) to Dec. 2023 (70.61). It might indicate that Dongjiang Environmental Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongjiang Environmental Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.29.

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. Dongjiang Environmental Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.


Dongjiang Environmental Co Days Inventory Historical Data

The historical data trend for Dongjiang Environmental 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.

Dongjiang Environmental Co Days Inventory Chart

Dongjiang Environmental 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 50.00 45.92 50.74 70.01 68.91

Dongjiang Environmental 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 80.79 65.68 79.12 70.61 91.72

Competitive Comparison of Dongjiang Environmental Co's Days Inventory

For the Waste Management subindustry, Dongjiang Environmental 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.


Dongjiang Environmental Co's Days Inventory Distribution in the Waste Management Industry

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

* The bar in red indicates where Dongjiang Environmental Co's Days Inventory falls into.



Dongjiang Environmental Co Days Inventory Calculation

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

Dongjiang Environmental 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
=( (725.546 + 863.894) / 2 ) / 4209.213*365
=794.72 / 4209.213*365
=68.91

Dongjiang Environmental Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (865.959 + 863.894) / 2 ) / 1117.732*365 / 4
=864.9265 / 1117.732*365 / 4
=70.61

* 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.


Dongjiang Environmental Co  (HKSE:00895) 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.

Dongjiang Environmental Co's Inventory Turnover for the three months ended in Dec. 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.

Dongjiang Environmental Co's Inventory to Revenue for the three months ended in Dec. 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.


Dongjiang Environmental Co Days Inventory Related Terms

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


Dongjiang Environmental Co (HKSE:00895) Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.
Executives
Guang Dong Sheng Guang Cheng Zi Chan Jing Ying You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hui Hong Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Jiang Su Su Hui Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

Dongjiang Environmental Co (HKSE:00895) Headlines

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