CSG Holding Co (SZSE:000012) Days Inventory : 52.09 (As of Mar. 2024)

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What is CSG Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CSG Holding Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,773 Mil. CSG Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,106 Mil. Hence, CSG Holding Co's Days Inventory for the three months ended in Mar. 2024 was 52.09.

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

SZSE:000012' s Days Inventory Range Over the Past 10 Years
Min: 23.03 Med: 31.1 Max: 49.04
Current: 49.04

During the past 13 years, CSG Holding Co's highest Days Inventory was 49.04. The lowest was 23.03. And the median was 31.10.

SZSE:000012's Days Inventory is ranked better than
76.69% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs SZSE:000012: 49.04

CSG Holding Co's Days Inventory declined from Mar. 2023 (55.15) to Mar. 2024 (52.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. CSG Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.75.

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. CSG Holding Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.

CSG Holding Co Days Inventory Historical Data

The historical data trend for CSG Holding 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.

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CSG Holding Co Days Inventory Chart

CSG Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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33.29

39.90

39.16

47.71

43.55

CSG Holding 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															55.15	57.01	45.11	40.91	52.09

Competitive Comparison of CSG Holding Co's Days Inventory

For the Building Materials subindustry, CSG Holding 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.

CSG Holding Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CSG Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where CSG Holding Co's Days Inventory falls into.

CSG Holding Co Days Inventory Calculation

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

CSG Holding 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
=	( (1783.942	+	1590.225)	/	2 )	/	14141.072	*	365
=	1687.0835					/	14141.072	*	365
=	43.55

CSG Holding 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
=	( (1590.225	+	1955.891)	/	2 )	/	3106.051	*	365 / 4
=	1773.058					/	3106.051	*	365 / 4
=	52.09

CSG Holding Co (SZSE:000012) 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.

CSG Holding Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3106.051	/	1773.058
	=	1.75

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.

CSG Holding Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1773.058	/	3947.22
	=	0.45

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.

CSG Holding Co Days Inventory Related Terms

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

CSG Holding Co (SZSE:000012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CSG Holding Co Ltd (SZSE:000012) » Definitions » Days Inventory

Traded in Other Exchanges

200012:China

Address

6th Industrial Road, CSG Building, Number 1, Shekou, Shenzhen, CHN, 518067

Website

https://www.csgholding.com

CSG Holding Co Ltd produces and sells glass products. The company's operating segment includes Flat glass; Solar energy; Electronic glass and displays and others. It generates maximum revenue from the Flat glass segment. The flat glass segment is engaged in production and sales of float glass and engineering glass and the silica for the production thereof. Its glass products include Float Glass; Ultra-clear Float Glass; Solar Patterned Low Iron Glass and AR Coating Solar Glass. Geographically, it derives revenue from Mainland China.

CSG Holding Co (SZSE:000012) Headlines

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