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Xinjiang Winka Times Department Store Co (SHSE:603101) Days Inventory : 57.16 (As of Mar. 2024)


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What is Xinjiang Winka Times Department Store Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xinjiang Winka Times Department Store Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥294 Mil. Xinjiang Winka Times Department Store Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥469 Mil. Hence, Xinjiang Winka Times Department Store Co's Days Inventory for the three months ended in Mar. 2024 was 57.16.

The historical rank and industry rank for Xinjiang Winka Times Department Store Co's Days Inventory or its related term are showing as below:

SHSE:603101' s Days Inventory Range Over the Past 10 Years
Min: 11.82   Med: 20.23   Max: 96.39
Current: 66.19

During the past 13 years, Xinjiang Winka Times Department Store Co's highest Days Inventory was 96.39. The lowest was 11.82. And the median was 20.23.

SHSE:603101's Days Inventory is ranked better than
70.51% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs SHSE:603101: 66.19

Xinjiang Winka Times Department Store Co's Days Inventory declined from Mar. 2023 (63.94) to Mar. 2024 (57.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinjiang Winka Times Department Store Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.60.

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. Xinjiang Winka Times Department Store Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


Xinjiang Winka Times Department Store Co Days Inventory Historical Data

The historical data trend for Xinjiang Winka Times Department Store 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.

Xinjiang Winka Times Department Store Co Days Inventory Chart

Xinjiang Winka Times Department Store 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 22.62 65.29 68.74 96.39 74.24

Xinjiang Winka Times Department Store 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 63.94 74.24 67.48 67.47 57.16

Competitive Comparison of Xinjiang Winka Times Department Store Co's Days Inventory

For the Department Stores subindustry, Xinjiang Winka Times Department Store 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.


Xinjiang Winka Times Department Store Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Xinjiang Winka Times Department Store Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xinjiang Winka Times Department Store Co's Days Inventory falls into.



Xinjiang Winka Times Department Store Co Days Inventory Calculation

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

Xinjiang Winka Times Department Store 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
=( (333.015 + 301.036) / 2 ) / 1558.706*365
=317.0255 / 1558.706*365
=74.24

Xinjiang Winka Times Department Store 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
=( (301.036 + 286.267) / 2 ) / 468.776*365 / 4
=293.6515 / 468.776*365 / 4
=57.16

* 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.


Xinjiang Winka Times Department Store Co  (SHSE:603101) 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.

Xinjiang Winka Times Department Store 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.

Xinjiang Winka Times Department Store 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.


Xinjiang Winka Times Department Store Co Days Inventory Related Terms

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Xinjiang Winka Times Department Store Co (SHSE:603101) Business Description

Traded in Other Exchanges
N/A
Address
No. 58 Qianjin Street, Urumqi, Xinjiang, CHN, 830002
Xinjiang Winka Times Department Store Co Ltd operates chain of fashion department store. Its engaged in commodity retail and commercial property leasing and its business covers shopping malls, traditional department stores, supermarkets and other formats. Its products are some international and domestic famous brand cosmetics, some supermarket products.

Xinjiang Winka Times Department Store Co (SHSE:603101) Headlines

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