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Phoenix Shipping (Wuhan) Co (SZSE:000520) Days Inventory : 6.19 (As of Mar. 2024)


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What is Phoenix Shipping (Wuhan) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Phoenix Shipping (Wuhan) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥14.5 Mil. Phoenix Shipping (Wuhan) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥213.5 Mil. Hence, Phoenix Shipping (Wuhan) Co's Days Inventory for the three months ended in Mar. 2024 was 6.19.

The historical rank and industry rank for Phoenix Shipping (Wuhan) Co's Days Inventory or its related term are showing as below:

SZSE:000520' s Days Inventory Range Over the Past 10 Years
Min: 3.64   Med: 6.54   Max: 10.73
Current: 4.74

During the past 13 years, Phoenix Shipping (Wuhan) Co's highest Days Inventory was 10.73. The lowest was 3.64. And the median was 6.54.

SZSE:000520's Days Inventory is ranked better than
70.99% of 779 companies
in the Transportation industry
Industry Median: 11.38 vs SZSE:000520: 4.74

Phoenix Shipping (Wuhan) Co's Days Inventory increased from Mar. 2023 (5.13) to Mar. 2024 (6.19). It might indicate that Phoenix Shipping (Wuhan) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Shipping (Wuhan) Co's Inventory Turnover for the three months ended in Mar. 2024 was 14.75.

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. Phoenix Shipping (Wuhan) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.


Phoenix Shipping (Wuhan) Co Days Inventory Historical Data

The historical data trend for Phoenix Shipping (Wuhan) 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.

Phoenix Shipping (Wuhan) Co Days Inventory Chart

Phoenix Shipping (Wuhan) 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 5.89 4.85 3.64 4.39 4.99

Phoenix Shipping (Wuhan) 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 5.13 3.97 4.02 4.63 6.19

Competitive Comparison of Phoenix Shipping (Wuhan) Co's Days Inventory

For the Marine Shipping subindustry, Phoenix Shipping (Wuhan) 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.


Phoenix Shipping (Wuhan) Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Phoenix Shipping (Wuhan) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Phoenix Shipping (Wuhan) Co's Days Inventory falls into.



Phoenix Shipping (Wuhan) Co Days Inventory Calculation

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

Phoenix Shipping (Wuhan) 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
=( (13.818 + 13.297) / 2 ) / 991.001*365
=13.5575 / 991.001*365
=4.99

Phoenix Shipping (Wuhan) 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
=( (13.297 + 15.655) / 2 ) / 213.546*365 / 4
=14.476 / 213.546*365 / 4
=6.19

* 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.


Phoenix Shipping (Wuhan) Co  (SZSE:000520) 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.

Phoenix Shipping (Wuhan) 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.

Phoenix Shipping (Wuhan) 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.


Phoenix Shipping (Wuhan) Co Days Inventory Related Terms

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


Phoenix Shipping (Wuhan) Co (SZSE:000520) Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Minquan Road, Huijiang Building, Jianghan, Hubei, Wuhan, CHN, 430021
Phoenix Shipping (Wuhan) Co Ltd is engaged in the Dry bulk shipping and port logistics services industry.
Executives
Wang Tao Directors, executives
Li Xiao Chen Supervisors
Chen De Shun Director
Xiao Xiang Secretary, Director
Zhao Yu Fu Directors, executives
Chen Qi Heng Executives
Yan Xin Ping Director

Phoenix Shipping (Wuhan) Co (SZSE:000520) Headlines

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