GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Jia Yuan Technology Shares Co Ltd (SHSE:688388) » Definitions » Days Inventory

Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Days Inventory : 89.16 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Guangdong Jia Yuan Technology Shares Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Jia Yuan Technology Shares Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥908 Mil. Guangdong Jia Yuan Technology Shares Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥929 Mil. Hence, Guangdong Jia Yuan Technology Shares Co's Days Inventory for the three months ended in Mar. 2024 was 89.16.

The historical rank and industry rank for Guangdong Jia Yuan Technology Shares Co's Days Inventory or its related term are showing as below:

SHSE:688388' s Days Inventory Range Over the Past 10 Years
Min: 41.4   Med: 56.49   Max: 73.75
Current: 73.15

During the past 10 years, Guangdong Jia Yuan Technology Shares Co's highest Days Inventory was 73.75. The lowest was 41.40. And the median was 56.49.

SHSE:688388's Days Inventory is ranked better than
60.09% of 659 companies
in the Metals & Mining industry
Industry Median: 88.57 vs SHSE:688388: 73.15

Guangdong Jia Yuan Technology Shares Co's Days Inventory declined from Mar. 2023 (102.49) to Mar. 2024 (89.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Jia Yuan Technology Shares Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Guangdong Jia Yuan Technology Shares Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.


Guangdong Jia Yuan Technology Shares Co Days Inventory Historical Data

The historical data trend for Guangdong Jia Yuan Technology Shares 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.

Guangdong Jia Yuan Technology Shares Co Days Inventory Chart

Guangdong Jia Yuan Technology Shares 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 49.85 61.14 44.01 61.81 73.75

Guangdong Jia Yuan Technology Shares 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 102.49 82.92 55.79 74.40 89.16

Competitive Comparison of Guangdong Jia Yuan Technology Shares Co's Days Inventory

For the Copper subindustry, Guangdong Jia Yuan Technology Shares 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.


Guangdong Jia Yuan Technology Shares Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Jia Yuan Technology Shares Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Jia Yuan Technology Shares Co's Days Inventory falls into.



Guangdong Jia Yuan Technology Shares Co Days Inventory Calculation

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

Guangdong Jia Yuan Technology Shares 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
=( (936.603 + 954.153) / 2 ) / 4678.743*365
=945.378 / 4678.743*365
=73.75

Guangdong Jia Yuan Technology Shares 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
=( (954.153 + 861.548) / 2 ) / 929.121*365 / 4
=907.8505 / 929.121*365 / 4
=89.16

* 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.


Guangdong Jia Yuan Technology Shares Co  (SHSE:688388) 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.

Guangdong Jia Yuan Technology Shares 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.

Guangdong Jia Yuan Technology Shares 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.


Guangdong Jia Yuan Technology Shares Co Days Inventory Related Terms

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


Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Business Description

Traded in Other Exchanges
N/A
Address
Yanyang Town, Mei Count, Guangdong Province, Meizhou, CHN, 514759
Guangdong Jia Yuan Technology Shares Co Ltd is engaged in the research, production and sales of various types of high performance electrolytic copper foil, the main products are ultra-thin lithium battery copper foil and ultra-thin lithium battery copper foil.

Guangdong Jia Yuan Technology Shares Co (SHSE:688388) Headlines

No Headlines