GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Anzheng Fashion Group Co Ltd (SHSE:603839) » Definitions » Days Inventory

Anzheng Fashion Group Co (SHSE:603839) Days Inventory : 206.72 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Anzheng Fashion Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anzheng Fashion Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥591 Mil. Anzheng Fashion Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥261 Mil. Hence, Anzheng Fashion Group Co's Days Inventory for the three months ended in Mar. 2024 was 206.72.

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

SHSE:603839' s Days Inventory Range Over the Past 10 Years
Min: 211.52   Med: 313.58   Max: 404.14
Current: 228.33

During the past 13 years, Anzheng Fashion Group Co's highest Days Inventory was 404.14. The lowest was 211.52. And the median was 313.58.

SHSE:603839's Days Inventory is ranked worse than
78.16% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs SHSE:603839: 228.33

Anzheng Fashion Group Co's Days Inventory declined from Mar. 2023 (229.51) to Mar. 2024 (206.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Anzheng Fashion Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.44.

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. Anzheng Fashion Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.16.


Anzheng Fashion Group Co Days Inventory Historical Data

The historical data trend for Anzheng Fashion Group 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.

Anzheng Fashion Group Co Days Inventory Chart

Anzheng Fashion Group 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 297.21 211.52 246.87 256.83 235.42

Anzheng Fashion Group 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 229.51 154.03 238.18 499.65 206.72

Competitive Comparison of Anzheng Fashion Group Co's Days Inventory

For the Apparel Manufacturing subindustry, Anzheng Fashion Group 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.


Anzheng Fashion Group Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anzheng Fashion Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anzheng Fashion Group Co's Days Inventory falls into.



Anzheng Fashion Group Co Days Inventory Calculation

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

Anzheng Fashion Group 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
=( (769.08 + 619.155) / 2 ) / 1076.179*365
=694.1175 / 1076.179*365
=235.42

Anzheng Fashion Group 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
=( (619.155 + 563.467) / 2 ) / 261.013*365 / 4
=591.311 / 261.013*365 / 4
=206.72

* 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.


Anzheng Fashion Group Co  (SHSE:603839) 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.

Anzheng Fashion Group 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.

Anzheng Fashion Group 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.


Anzheng Fashion Group Co Days Inventory Related Terms

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


Anzheng Fashion Group Co (SHSE:603839) Business Description

Traded in Other Exchanges
N/A
Address
No. 298 Guhui Road, Haining Economic Development Zone, Zhejiang Province, Haining, CHN, 314400
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac, and Fiona Chen.
Executives
Tan Cai Nian senior management
Ge Guo Ping senior management
Zheng An Kun Director
Chen Ke Chuan Director
Zheng An Zheng Director
Zhao Ying senior management
Zheng Xiu Ping senior management

Anzheng Fashion Group Co (SHSE:603839) Headlines

No Headlines