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Beijing GeoEnviron Engineering & Technology (SHSE:603588) Days Inventory : 168.61 (As of Mar. 2024)


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What is Beijing GeoEnviron Engineering & Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing GeoEnviron Engineering & Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥4,917 Mil. Beijing GeoEnviron Engineering & Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,661 Mil. Hence, Beijing GeoEnviron Engineering & Technology's Days Inventory for the three months ended in Mar. 2024 was 168.61.

The historical rank and industry rank for Beijing GeoEnviron Engineering & Technology's Days Inventory or its related term are showing as below:

SHSE:603588' s Days Inventory Range Over the Past 10 Years
Min: 63.27   Med: 199.51   Max: 445.36
Current: 160.82

During the past 13 years, Beijing GeoEnviron Engineering & Technology's highest Days Inventory was 445.36. The lowest was 63.27. And the median was 199.51.

SHSE:603588's Days Inventory is ranked worse than
90.43% of 209 companies
in the Waste Management industry
Industry Median: 23.54 vs SHSE:603588: 160.82

Beijing GeoEnviron Engineering & Technology's Days Inventory declined from Mar. 2023 (227.01) to Mar. 2024 (168.61).

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. Beijing GeoEnviron Engineering & Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.54.

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. Beijing GeoEnviron Engineering & Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.57.


Beijing GeoEnviron Engineering & Technology Days Inventory Historical Data

The historical data trend for Beijing GeoEnviron Engineering & Technology'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.

Beijing GeoEnviron Engineering & Technology Days Inventory Chart

Beijing GeoEnviron Engineering & Technology 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 124.17 63.27 75.31 105.68 159.66

Beijing GeoEnviron Engineering & Technology 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 227.01 160.11 152.63 166.94 168.61

Competitive Comparison of Beijing GeoEnviron Engineering & Technology's Days Inventory

For the Waste Management subindustry, Beijing GeoEnviron Engineering & Technology'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.


Beijing GeoEnviron Engineering & Technology's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing GeoEnviron Engineering & Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing GeoEnviron Engineering & Technology's Days Inventory falls into.



Beijing GeoEnviron Engineering & Technology Days Inventory Calculation

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

Beijing GeoEnviron Engineering & Technology'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
=( (2637.959 + 4931.28) / 2 ) / 8652.267*365
=3784.6195 / 8652.267*365
=159.66

Beijing GeoEnviron Engineering & Technology'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
=( (4931.28 + 4902.06) / 2 ) / 2660.786*365 / 4
=4916.67 / 2660.786*365 / 4
=168.61

* 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.


Beijing GeoEnviron Engineering & Technology  (SHSE:603588) 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.

Beijing GeoEnviron Engineering & Technology'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.

Beijing GeoEnviron Engineering & Technology'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.


Beijing GeoEnviron Engineering & Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing GeoEnviron Engineering & Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing GeoEnviron Engineering & Technology (SHSE:603588) Business Description

Traded in Other Exchanges
N/A
Address
BGE Building, No.9 Dijin Road, Zhongguancun Environmental Protection Park, Beiqing Road, Haidian District, Beijing, CHN, 100095
Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.

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