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Jiangsu Expressway Co (SHSE:600377) Days Inventory : 110.15 (As of Mar. 2024)


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What is Jiangsu Expressway Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Expressway Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,212 Mil. Jiangsu Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,832 Mil. Hence, Jiangsu Expressway Co's Days Inventory for the three months ended in Mar. 2024 was 110.15.

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

SHSE:600377' s Days Inventory Range Over the Past 10 Years
Min: 90.28   Med: 260.75   Max: 327.44
Current: 90.28

During the past 13 years, Jiangsu Expressway Co's highest Days Inventory was 327.44. The lowest was 90.28. And the median was 260.75.

SHSE:600377's Days Inventory is ranked worse than
67.31% of 1395 companies
in the Construction industry
Industry Median: 48.64 vs SHSE:600377: 90.28

Jiangsu Expressway Co's Days Inventory declined from Mar. 2023 (119.17) to Mar. 2024 (110.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Expressway Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.83.

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. Jiangsu Expressway Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Jiangsu Expressway Co Days Inventory Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Days Inventory Chart

Jiangsu Expressway 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 327.44 323.70 163.02 133.64 91.88

Jiangsu Expressway 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 119.17 113.52 80.05 71.49 110.15

Competitive Comparison of Jiangsu Expressway Co's Days Inventory

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Days Inventory falls into.



Jiangsu Expressway Co Days Inventory Calculation

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

Jiangsu Expressway 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
=( (2585.018 + 2238.247) / 2 ) / 9580.685*365
=2411.6325 / 9580.685*365
=91.88

Jiangsu Expressway 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
=( (2238.247 + 2185.051) / 2 ) / 1832.222*365 / 4
=2211.649 / 1832.222*365 / 4
=110.15

* 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.


Jiangsu Expressway Co  (SHSE:600377) 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.

Jiangsu Expressway 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.

Jiangsu Expressway 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.


Jiangsu Expressway Co Days Inventory Related Terms

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


Jiangsu Expressway Co (SHSE:600377) Business Description

Traded in Other Exchanges
Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

Jiangsu Expressway Co (SHSE:600377) Headlines

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