GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Yibin Paper Industry Co Ltd (SHSE:600793) » Definitions » Days Inventory

Yibin Paper Industry Co (SHSE:600793) Days Inventory : 126.18 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Yibin Paper Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yibin Paper Industry Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥460 Mil. Yibin Paper Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥333 Mil. Hence, Yibin Paper Industry Co's Days Inventory for the three months ended in Mar. 2024 was 126.18.

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

SHSE:600793' s Days Inventory Range Over the Past 10 Years
Min: 63.62   Med: 89.53   Max: 2571.7
Current: 114.71

During the past 13 years, Yibin Paper Industry Co's highest Days Inventory was 2571.70. The lowest was 63.62. And the median was 89.53.

SHSE:600793's Days Inventory is ranked worse than
67.63% of 278 companies
in the Forest Products industry
Industry Median: 90.005 vs SHSE:600793: 114.71

Yibin Paper Industry Co's Days Inventory increased from Mar. 2023 (88.91) to Mar. 2024 (126.18). It might indicate that Yibin Paper Industry Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yibin Paper Industry Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.72.

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. Yibin Paper Industry Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.30.


Yibin Paper Industry Co Days Inventory Historical Data

The historical data trend for Yibin Paper Industry 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.

Yibin Paper Industry Co Days Inventory Chart

Yibin Paper Industry 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 82.25 65.42 63.62 68.17 105.57

Yibin Paper Industry 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 88.91 125.02 107.91 104.92 126.18

Competitive Comparison of Yibin Paper Industry Co's Days Inventory

For the Paper & Paper Products subindustry, Yibin Paper Industry 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.


Yibin Paper Industry Co's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yibin Paper Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yibin Paper Industry Co's Days Inventory falls into.



Yibin Paper Industry Co Days Inventory Calculation

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

Yibin Paper Industry 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
=( (440.298 + 471.912) / 2 ) / 1576.916*365
=456.105 / 1576.916*365
=105.57

Yibin Paper Industry 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
=( (471.912 + 448.93) / 2 ) / 332.962*365 / 4
=460.421 / 332.962*365 / 4
=126.18

* 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.


Yibin Paper Industry Co  (SHSE:600793) 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.

Yibin Paper Industry 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.

Yibin Paper Industry 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.


Yibin Paper Industry Co Days Inventory Related Terms

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


Yibin Paper Industry Co (SHSE:600793) Business Description

Traded in Other Exchanges
N/A
Address
Lanshi Light Industrial Park, Nanxi District, Sichuan Province, Yibin, CHN, 644100
Yibin Paper Industry Co Ltd is a paper product manufacturer in China. The company's main products include high-grade paper cup base paper, bamboo pulp board, and others.
Executives
Chen Dan Supervisors
Xie Zhang Hong senior management
Huang Cai Jin Supervisors
Huang Zheng Wen senior management
Yang Jun Supervisors
Xing Zhi Min senior management
Gao Ge Sheng Supervisors
Lv Yan Zhi senior management
Zhou Ming Cong senior management
Chen Hong Director
Chen Shi Gui Supervisors

Yibin Paper Industry Co (SHSE:600793) Headlines

No Headlines