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Sichuan Expressway Co (SHSE:601107) Days Inventory : 13.97 (As of Mar. 2024)


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What is Sichuan Expressway Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Expressway Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥181 Mil. Sichuan Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,180 Mil. Hence, Sichuan Expressway Co's Days Inventory for the three months ended in Mar. 2024 was 13.97.

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

SHSE:601107' s Days Inventory Range Over the Past 10 Years
Min: 2.02   Med: 99.03   Max: 251.49
Current: 5.37

During the past 13 years, Sichuan Expressway Co's highest Days Inventory was 251.49. The lowest was 2.02. And the median was 99.03.

SHSE:601107's Days Inventory is ranked better than
85.3% of 1395 companies
in the Construction industry
Industry Median: 48.64 vs SHSE:601107: 5.37

Sichuan Expressway Co's Days Inventory increased from Mar. 2023 (3.27) to Mar. 2024 (13.97). It might indicate that Sichuan Expressway Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Expressway Co's Inventory Turnover for the three months ended in Mar. 2024 was 6.53.

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. Sichuan Expressway Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.09.


Sichuan Expressway Co Days Inventory Historical Data

The historical data trend for Sichuan 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.

Sichuan Expressway Co Days Inventory Chart

Sichuan 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 189.69 251.49 72.16 2.02 3.14

Sichuan 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 3.27 1.72 5.95 4.17 13.97

Competitive Comparison of Sichuan Expressway Co's Days Inventory

For the Infrastructure Operations subindustry, Sichuan 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.


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

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

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



Sichuan Expressway Co Days Inventory Calculation

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

Sichuan 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
=( (30.076 + 119.821) / 2 ) / 8721.948*365
=74.9485 / 8721.948*365
=3.14

Sichuan 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
=( (119.821 + 241.637) / 2 ) / 1180.41*365 / 4
=180.729 / 1180.41*365 / 4
=13.97

* 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.


Sichuan Expressway Co  (SHSE:601107) 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.

Sichuan 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.

Sichuan 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.


Sichuan Expressway Co Days Inventory Related Terms

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


Sichuan Expressway Co (SHSE:601107) Business Description

Traded in Other Exchanges
Address
252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.

Sichuan Expressway Co (SHSE:601107) Headlines

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