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Denox Environmental & Technology Holdings (HKSE:01452) Days Inventory : 620.73 (As of Dec. 2023)


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What is Denox Environmental & Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Denox Environmental & Technology Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$220.2 Mil. Denox Environmental & Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$64.8 Mil. Hence, Denox Environmental & Technology Holdings's Days Inventory for the six months ended in Dec. 2023 was 620.73.

The historical rank and industry rank for Denox Environmental & Technology Holdings's Days Inventory or its related term are showing as below:

HKSE:01452' s Days Inventory Range Over the Past 10 Years
Min: 180.69   Med: 325.27   Max: 1088.92
Current: 677.29

During the past 10 years, Denox Environmental & Technology Holdings's highest Days Inventory was 1088.92. The lowest was 180.69. And the median was 325.27.

HKSE:01452's Days Inventory is ranked worse than
98.48% of 2904 companies
in the Industrial Products industry
Industry Median: 120.69 vs HKSE:01452: 677.29

Denox Environmental & Technology Holdings's Days Inventory declined from Dec. 2022 (1,343.27) to Dec. 2023 (620.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Denox Environmental & Technology Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.29.

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. Denox Environmental & Technology Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.72.


Denox Environmental & Technology Holdings Days Inventory Historical Data

The historical data trend for Denox Environmental & Technology Holdings'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.

Denox Environmental & Technology Holdings Days Inventory Chart

Denox Environmental & Technology Holdings 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 337.20 546.44 646.57 1,088.92 688.91

Denox Environmental & Technology Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 664.87 859.97 1,343.27 741.90 620.73

Competitive Comparison of Denox Environmental & Technology Holdings's Days Inventory

For the Pollution & Treatment Controls subindustry, Denox Environmental & Technology Holdings'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.


Denox Environmental & Technology Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Denox Environmental & Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Denox Environmental & Technology Holdings's Days Inventory falls into.



Denox Environmental & Technology Holdings Days Inventory Calculation

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

Denox Environmental & Technology Holdings'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
=( (179.735 + 240.849) / 2 ) / 111.417*365
=210.292 / 111.417*365
=688.91

Denox Environmental & Technology Holdings'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (199.648 + 240.849) / 2 ) / 64.755*365 / 2
=220.2485 / 64.755*365 / 2
=620.73

* 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.


Denox Environmental & Technology Holdings  (HKSE:01452) 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.

Denox Environmental & Technology Holdings's Inventory Turnover for the six 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.

Denox Environmental & Technology Holdings's Inventory to Revenue for the six 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.


Denox Environmental & Technology Holdings Days Inventory Related Terms

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


Denox Environmental & Technology Holdings (HKSE:01452) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Western South Fourth Ring Road, Room 1506-1, Block 2, 12th Floor, Fengtai District, Beijing, CHN, 100070
Denox Environmental & Technology Holdings Ltd is a China-based firm. The company is mainly engaged in the development and production of products related to air pollution control. Its main product is plate-type DeNOx catalysts, honey-comb DeNOx catalysts and DeNOx catalysts for diesel-powered vehicles. The company derives majority of the revenue from PRC.

Denox Environmental & Technology Holdings (HKSE:01452) Headlines

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