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Beijing ZEHO Waterfront Ecological Environment Treatment Co (SHSE:605069) Days Inventory : 8.64 (As of Mar. 2024)


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What is Beijing ZEHO Waterfront Ecological Environment Treatment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing ZEHO Waterfront Ecological Environment Treatment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥5.3 Mil. Beijing ZEHO Waterfront Ecological Environment Treatment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥56.1 Mil. Hence, Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory for the three months ended in Mar. 2024 was 8.64.

The historical rank and industry rank for Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory or its related term are showing as below:

SHSE:605069' s Days Inventory Range Over the Past 10 Years
Min: 1.38   Med: 43.62   Max: 704.66
Current: 9.5

During the past 11 years, Beijing ZEHO Waterfront Ecological Environment Treatment Co's highest Days Inventory was 704.66. The lowest was 1.38. And the median was 43.62.

SHSE:605069's Days Inventory is ranked better than
70.14% of 211 companies
in the Waste Management industry
Industry Median: 23.5 vs SHSE:605069: 9.50

Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory increased from Mar. 2023 (4.87) to Mar. 2024 (8.64). It might indicate that Beijing ZEHO Waterfront Ecological Environment Treatment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing ZEHO Waterfront Ecological Environment Treatment Co's Inventory Turnover for the three months ended in Mar. 2024 was 10.56.

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 ZEHO Waterfront Ecological Environment Treatment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.


Beijing ZEHO Waterfront Ecological Environment Treatment Co Days Inventory Historical Data

The historical data trend for Beijing ZEHO Waterfront Ecological Environment Treatment 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.

Beijing ZEHO Waterfront Ecological Environment Treatment Co Days Inventory Chart

Beijing ZEHO Waterfront Ecological Environment Treatment Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.97 8.89 1.38 3.42 6.69

Beijing ZEHO Waterfront Ecological Environment Treatment Co Quarterly Data
Dec17 Dec18 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 4.87 8.68 25.69 6.91 8.64

Competitive Comparison of Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory

For the Waste Management subindustry, Beijing ZEHO Waterfront Ecological Environment Treatment 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.


Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Inventory falls into.



Beijing ZEHO Waterfront Ecological Environment Treatment Co Days Inventory Calculation

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

Beijing ZEHO Waterfront Ecological Environment Treatment 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
=( (1.956 + 5.314) / 2 ) / 198.411*365
=3.635 / 198.411*365
=6.69

Beijing ZEHO Waterfront Ecological Environment Treatment 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
=( (5.314 + 5.314) / 2 ) / 56.101*365 / 4
=5.314 / 56.101*365 / 4
=8.64

* 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 ZEHO Waterfront Ecological Environment Treatment Co  (SHSE:605069) 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 ZEHO Waterfront Ecological Environment Treatment 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.

Beijing ZEHO Waterfront Ecological Environment Treatment 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.


Beijing ZEHO Waterfront Ecological Environment Treatment Co Days Inventory Related Terms

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Beijing ZEHO Waterfront Ecological Environment Treatment Co (SHSE:605069) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Yongjie North Road, Room 314, 3rd Floor, Block A, Yongfeng Industrial Base, Haidian District, Beijing, CHN, 100084
Beijing ZEHO Waterfront Ecological Environment Treatment Co Ltd is engaged in the ecological protection, ecological restoration, water environment management, ecological landscape construction and planning and design services.

Beijing ZEHO Waterfront Ecological Environment Treatment Co (SHSE:605069) Headlines

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