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Yuancheng Environment Co (SHSE:603388) Days Inventory : 196.74 (As of Mar. 2024)


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What is Yuancheng Environment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yuancheng Environment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥65.8 Mil. Yuancheng Environment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥30.5 Mil. Hence, Yuancheng Environment Co's Days Inventory for the three months ended in Mar. 2024 was 196.74.

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

SHSE:603388' s Days Inventory Range Over the Past 10 Years
Min: 37.8   Med: 310.26   Max: 473.48
Current: 93.53

During the past 13 years, Yuancheng Environment Co's highest Days Inventory was 473.48. The lowest was 37.80. And the median was 310.26.

SHSE:603388's Days Inventory is ranked worse than
67.93% of 1394 companies
in the Construction industry
Industry Median: 48.8 vs SHSE:603388: 93.53

Yuancheng Environment Co's Days Inventory increased from Mar. 2023 (28.94) to Mar. 2024 (196.74). It might indicate that Yuancheng Environment 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. Yuancheng Environment Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Yuancheng Environment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.29.


Yuancheng Environment Co Days Inventory Historical Data

The historical data trend for Yuancheng Environment 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.

Yuancheng Environment Co Days Inventory Chart

Yuancheng Environment 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 354.76 46.01 37.80 46.98 62.26

Yuancheng Environment 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 28.94 34.46 177.75 136.71 196.74

Competitive Comparison of Yuancheng Environment Co's Days Inventory

For the Engineering & Construction subindustry, Yuancheng Environment 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.


Yuancheng Environment Co's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Yuancheng Environment Co's Days Inventory falls into.



Yuancheng Environment Co Days Inventory Calculation

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

Yuancheng Environment 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
=( (22.686 + 65.87) / 2 ) / 259.582*365
=44.278 / 259.582*365
=62.26

Yuancheng Environment 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
=( (65.87 + 65.655) / 2 ) / 30.501*365 / 4
=65.7625 / 30.501*365 / 4
=196.74

* 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.


Yuancheng Environment Co  (SHSE:603388) 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.

Yuancheng Environment 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.

Yuancheng Environment 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.


Yuancheng Environment Co Days Inventory Related Terms

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


Yuancheng Environment Co (SHSE:603388) Business Description

Traded in Other Exchanges
N/A
Address
2-6 Qingchun East Road, 15th Floor, Hangzhou Jintou Financial Building, Zhejiang Province, Hangzhou, CHN
Yuancheng Environment Co Ltd is a Chinese eco-environmental service provider. It integrates planning, design, construction, seedling production and marketing, technology research and development, information services, and industrial investment. The firm focuses on projects such as eco-environment, green environmental protection, and leisure tourism.
Executives
Zhu Chang Ren Director
Chen Ping senior management
Yao Li Hua Director
Zhang Jian He Director
Zhou Jin Hai Director
Kong Wei Bo senior management
Shen Guo Tai Supervisors

Yuancheng Environment Co (SHSE:603388) Headlines

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