Dynagreen Environmental Protection Group Co (HKSE:01330) Days Inventory : 12.43 (As of Mar. 2024)

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What is Dynagreen Environmental Protection Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dynagreen Environmental Protection Group Co's Average Total Inventories for the three months ended in Mar. 2024 was HK$67 Mil. Dynagreen Environmental Protection Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$488 Mil. Hence, Dynagreen Environmental Protection Group Co's Days Inventory for the three months ended in Mar. 2024 was 12.43.

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

HKSE:01330' s Days Inventory Range Over the Past 10 Years
Min: 2.89 Med: 9.9 Max: 35.16
Current: 9.38

During the past 11 years, Dynagreen Environmental Protection Group Co's highest Days Inventory was 35.16. The lowest was 2.89. And the median was 9.90.

HKSE:01330's Days Inventory is ranked better than
70.48% of 210 companies
in the Waste Management industry
Industry Median: 23.52 vs HKSE:01330: 9.38

Dynagreen Environmental Protection Group Co's Days Inventory increased from Mar. 2023 (6.81) to Mar. 2024 (12.43). It might indicate that Dynagreen Environmental Protection Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dynagreen Environmental Protection Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 7.34.

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. Dynagreen Environmental Protection Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.

Dynagreen Environmental Protection Group Co Days Inventory Historical Data

The historical data trend for Dynagreen Environmental Protection 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.

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Dynagreen Environmental Protection Group Co Days Inventory Chart

Dynagreen Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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11.23

12.17

4.36

5.98

8.57

Dynagreen Environmental Protection Group Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															6.81	6.30	9.62	9.82	12.43

Competitive Comparison of Dynagreen Environmental Protection Group Co's Days Inventory

For the Waste Management subindustry, Dynagreen Environmental Protection 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.

Dynagreen Environmental Protection Group Co's Days Inventory Distribution in the Waste Management Industry

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

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

Dynagreen Environmental Protection Group Co Days Inventory Calculation

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

Dynagreen Environmental Protection 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
=	( (56.345	+	68.618)	/	2 )	/	2659.85	*	365
=	62.4815					/	2659.85	*	365
=	8.57

Dynagreen Environmental Protection 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
=	( (68.618	+	64.412)	/	2 )	/	488.141	*	365 / 4
=	66.515					/	488.141	*	365 / 4
=	12.43

Dynagreen Environmental Protection Group Co (HKSE:01330) 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.

Dynagreen Environmental Protection 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
	=	488.141	/	66.515
	=	7.34

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.

Dynagreen Environmental Protection Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.515	/	874.339
	=	0.08

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.

Dynagreen Environmental Protection Group Co Days Inventory Related Terms

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

Dynagreen Environmental Protection Group Co (HKSE:01330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dynagreen Environmental Protection Group Co Ltd (HKSE:01330) » Definitions » Days Inventory

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Traded in Other Exchanges

601330:China

Address

007 Keji South 12th Street, Jiuzhou Electronic Building, 2nd Floor, Northeastern Wing, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.dynagreen.com.cn

Dynagreen Environmental Protection Group Co Ltd invests, constructs, operates, and maintains waste-to-energy plants that use waste incineration technology in China. Business activity of the group is operated under the build-operate-transfer and build-transfer arrangements. In addition, it also provides technical consulting service for these facilities.

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