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Yindu Kitchen Equipment Co (SHSE:603277) Days Inventory : 232.69 (As of Mar. 2024)


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What is Yindu Kitchen Equipment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yindu Kitchen Equipment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥835 Mil. Yindu Kitchen Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥327 Mil. Hence, Yindu Kitchen Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 232.69.

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

SHSE:603277' s Days Inventory Range Over the Past 10 Years
Min: 95.44   Med: 164.65   Max: 216.1
Current: 209.8

During the past 11 years, Yindu Kitchen Equipment Co's highest Days Inventory was 216.10. The lowest was 95.44. And the median was 164.65.

SHSE:603277's Days Inventory is ranked worse than
77.82% of 2895 companies
in the Industrial Products industry
Industry Median: 121.51 vs SHSE:603277: 209.80

Yindu Kitchen Equipment Co's Days Inventory increased from Mar. 2023 (226.16) to Mar. 2024 (232.69). It might indicate that Yindu Kitchen Equipment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yindu Kitchen Equipment Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.39.

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. Yindu Kitchen Equipment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.32.


Yindu Kitchen Equipment Co Days Inventory Historical Data

The historical data trend for Yindu Kitchen Equipment 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.

Yindu Kitchen Equipment Co Days Inventory Chart

Yindu Kitchen Equipment 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 170.97 197.79 187.22 214.14 216.10

Yindu Kitchen Equipment 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 226.16 179.34 193.26 252.60 232.69

Competitive Comparison of Yindu Kitchen Equipment Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Yindu Kitchen Equipment 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.


Yindu Kitchen Equipment Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yindu Kitchen Equipment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yindu Kitchen Equipment Co's Days Inventory falls into.



Yindu Kitchen Equipment Co Days Inventory Calculation

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

Yindu Kitchen Equipment 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
=( (933.83 + 840.699) / 2 ) / 1498.615*365
=887.2645 / 1498.615*365
=216.10

Yindu Kitchen Equipment 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
=( (840.699 + 828.868) / 2 ) / 327.366*365 / 4
=834.7835 / 327.366*365 / 4
=232.69

* 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.


Yindu Kitchen Equipment Co  (SHSE:603277) 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.

Yindu Kitchen Equipment 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.

Yindu Kitchen Equipment 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.


Yindu Kitchen Equipment Co Days Inventory Related Terms

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


Yindu Kitchen Equipment Co (SHSE:603277) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Xingxing Road, Xingqiao Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311100
Yindu Kitchen Equipment Co Ltd operates in the commercial kitchen equipment industry. The company focuses on scientific research, design, manufacture, direct sales and after-sales services of commercial kitchen equipment. Its product portfolio comprises commercial refrigerator, chafing dish equipment, gas equipment, display refrigerator and ice maker machine.
Executives
Zhu Wen Wei senior management
Lu Ling Peng senior management
Wang Fen Di senior management
Wang Chun Yao senior management
Lin Jian Yong senior management

Yindu Kitchen Equipment Co (SHSE:603277) Headlines

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