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Zhuhai Port Co (SZSE:000507) Days Inventory : 33.68 (As of Mar. 2024)


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What is Zhuhai Port Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhuhai Port Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥370 Mil. Zhuhai Port Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,001 Mil. Hence, Zhuhai Port Co's Days Inventory for the three months ended in Mar. 2024 was 33.68.

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

SZSE:000507' s Days Inventory Range Over the Past 10 Years
Min: 12.51   Med: 16.57   Max: 31.2
Current: 29.65

During the past 13 years, Zhuhai Port Co's highest Days Inventory was 31.20. The lowest was 12.51. And the median was 16.57.

SZSE:000507's Days Inventory is ranked worse than
76.64% of 779 companies
in the Transportation industry
Industry Median: 11.38 vs SZSE:000507: 29.65

Zhuhai Port Co's Days Inventory increased from Mar. 2023 (31.94) to Mar. 2024 (33.68). It might indicate that Zhuhai Port Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuhai Port Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.71.

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. Zhuhai Port Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


Zhuhai Port Co Days Inventory Historical Data

The historical data trend for Zhuhai Port 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.

Zhuhai Port Co Days Inventory Chart

Zhuhai Port 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 13.58 15.85 16.51 31.20 31.14

Zhuhai Port 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 31.94 27.18 27.95 29.77 33.68

Competitive Comparison of Zhuhai Port Co's Days Inventory

For the Marine Shipping subindustry, Zhuhai Port 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.


Zhuhai Port Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhuhai Port Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhuhai Port Co's Days Inventory falls into.



Zhuhai Port Co Days Inventory Calculation

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

Zhuhai Port 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
=( (331.305 + 373.348) / 2 ) / 4130.043*365
=352.3265 / 4130.043*365
=31.14

Zhuhai Port 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
=( (373.348 + 365.887) / 2 ) / 1001.4*365 / 4
=369.6175 / 1001.4*365 / 4
=33.68

* 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.


Zhuhai Port Co  (SZSE:000507) 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.

Zhuhai Port 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.

Zhuhai Port 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.


Zhuhai Port Co Days Inventory Related Terms

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


Zhuhai Port Co (SZSE:000507) Business Description

Traded in Other Exchanges
N/A
Address
6th Unit, 1st Building, Jiuzhou Garden, Zhuhai, CHN, 519015
Zhuhai Port Co Ltd is engaged in port shipping, logistics supply chain, energy and environmental protection, port city construction, and shipping finance.
Executives
Chen Hong Executives
Tian Qiu Sheng Independent director
Huang Zhi Hua Executives, directors
Wang Ji Ning Director
Yang Ting An Director
Chen Hui Director
Shi Qi Feng Supervisors
Yan Qian Director
Wu Qian Xin Supervisors
Zhuang Ai Na Supervisors

Zhuhai Port Co (SZSE:000507) Headlines

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