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Jiangxi JDL Environmental Protection Co (SHSE:688057) Days Inventory : 160.39 (As of Mar. 2024)


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What is Jiangxi JDL Environmental Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangxi JDL Environmental Protection Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥52.8 Mil. Jiangxi JDL Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥30.0 Mil. Hence, Jiangxi JDL Environmental Protection Co's Days Inventory for the three months ended in Mar. 2024 was 160.39.

The historical rank and industry rank for Jiangxi JDL Environmental Protection Co's Days Inventory or its related term are showing as below:

SHSE:688057' s Days Inventory Range Over the Past 10 Years
Min: 115.33   Med: 173.83   Max: 252.9
Current: 147.53

During the past 11 years, Jiangxi JDL Environmental Protection Co's highest Days Inventory was 252.90. The lowest was 115.33. And the median was 173.83.

SHSE:688057's Days Inventory is ranked worse than
61.42% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs SHSE:688057: 147.53

Jiangxi JDL Environmental Protection Co's Days Inventory increased from Mar. 2023 (152.24) to Mar. 2024 (160.39). It might indicate that Jiangxi JDL Environmental Protection Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangxi JDL Environmental Protection Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. Jiangxi JDL Environmental Protection Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.


Jiangxi JDL Environmental Protection Co Days Inventory Historical Data

The historical data trend for Jiangxi JDL Environmental Protection 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.

Jiangxi JDL Environmental Protection Co Days Inventory Chart

Jiangxi JDL Environmental Protection 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 250.50 186.04 158.72 137.52 123.01

Jiangxi JDL Environmental Protection 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 152.24 230.81 142.14 95.37 160.39

Competitive Comparison of Jiangxi JDL Environmental Protection Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Jiangxi JDL Environmental Protection 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.


Jiangxi JDL Environmental Protection Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangxi JDL Environmental Protection Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangxi JDL Environmental Protection Co's Days Inventory falls into.



Jiangxi JDL Environmental Protection Co Days Inventory Calculation

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

Jiangxi JDL Environmental Protection 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
=( (69.978 + 51.938) / 2 ) / 180.881*365
=60.958 / 180.881*365
=123.01

Jiangxi JDL Environmental Protection 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
=( (51.938 + 53.615) / 2 ) / 30.026*365 / 4
=52.7765 / 30.026*365 / 4
=160.39

* 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.


Jiangxi JDL Environmental Protection Co  (SHSE:688057) 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.

Jiangxi JDL Environmental Protection 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.

Jiangxi JDL Environmental Protection 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.


Jiangxi JDL Environmental Protection Co Days Inventory Related Terms

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


Jiangxi JDL Environmental Protection Co (SHSE:688057) Business Description

Traded in Other Exchanges
N/A
Address
459 Industrial Avenue, Changhou Foreign Investment Development Zone, New District, Jiangxi Province, Nanchang, CHN, 330100
Jiangxi JDL Environmental Protection Co Ltd is engaged manufacturing equipment for water environment management. The company offers a core technology called the facultative MBR (FMBR) process that is a breakthrough technology for the utility of the future. The facultative membrane bioreactor (FMBR) is a biological wastewater treatment process that removes carbon, nitrogen and phosphorus simultaneously in a single reactor.

Jiangxi JDL Environmental Protection Co (SHSE:688057) Headlines

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