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Minmetals Capital Co (SHSE:600390) Days Inventory : 26.52 (As of Mar. 2024)


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What is Minmetals Capital Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minmetals Capital Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥254 Mil. Minmetals Capital Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥874 Mil. Hence, Minmetals Capital Co's Days Inventory for the three months ended in Mar. 2024 was 26.52.

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

SHSE:600390' s Days Inventory Range Over the Past 10 Years
Min: 8.82   Med: 13.53   Max: 101.16
Current: 19.82

During the past 13 years, Minmetals Capital Co's highest Days Inventory was 101.16. The lowest was 8.82. And the median was 13.53.

SHSE:600390's Days Inventory is ranked better than
75.86% of 29 companies
in the Diversified Financial Services industry
Industry Median: 66.88 vs SHSE:600390: 19.82

Minmetals Capital Co's Days Inventory increased from Mar. 2023 (7.41) to Mar. 2024 (26.52). It might indicate that Minmetals Capital Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minmetals Capital Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.44.

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. Minmetals Capital Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Minmetals Capital Co Days Inventory Historical Data

The historical data trend for Minmetals Capital 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.

Minmetals Capital Co Days Inventory Chart

Minmetals Capital 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 8.82 10.67 17.48 15.93 10.46

Minmetals Capital 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 7.41 12.38 18.44 15.53 26.52

Competitive Comparison of Minmetals Capital Co's Days Inventory

For the Financial Conglomerates subindustry, Minmetals Capital 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.


Minmetals Capital Co's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minmetals Capital Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Minmetals Capital Co's Days Inventory falls into.



Minmetals Capital Co Days Inventory Calculation

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

Minmetals Capital 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
=( (65.851 + 111.753) / 2 ) / 3098.872*365
=88.802 / 3098.872*365
=10.46

Minmetals Capital 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
=( (111.753 + 396.324) / 2 ) / 874.072*365 / 4
=254.0385 / 874.072*365 / 4
=26.52

* 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.


Minmetals Capital Co  (SHSE:600390) 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.

Minmetals Capital 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.

Minmetals Capital 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.


Minmetals Capital Co Days Inventory Related Terms

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


Minmetals Capital Co (SHSE:600390) Business Description

Traded in Other Exchanges
N/A
Address
Lu Feng Road 69, City High-tech Development Zone, Hunan Province, Changsha, CHN, 410205
Minmetals Capital Co Ltd is engaged in offering investment management services. Minmetals capital business covers investment, trust, financial leasing, commercial banking, securities, futures, funds, and insurance that forms a reasonable and stable profit model. In addition, the firm operates in the trust business, industrial fund, investment banking, wealth management, and inherent business.

Minmetals Capital Co (SHSE:600390) Headlines

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