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Central Plains Environment Protection Co (SZSE:000544) Days Inventory : 7.66 (As of Mar. 2024)


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What is Central Plains Environment Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Central Plains Environment Protection Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥68 Mil. Central Plains Environment Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥815 Mil. Hence, Central Plains Environment Protection Co's Days Inventory for the three months ended in Mar. 2024 was 7.66.

The historical rank and industry rank for Central Plains Environment Protection Co's Days Inventory or its related term are showing as below:

SZSE:000544' s Days Inventory Range Over the Past 10 Years
Min: 2.97   Med: 10.35   Max: 16.55
Current: 5.23

During the past 13 years, Central Plains Environment Protection Co's highest Days Inventory was 16.55. The lowest was 2.97. And the median was 10.35.

SZSE:000544's Days Inventory is ranked better than
99.04% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs SZSE:000544: 5.23

Central Plains Environment Protection Co's Days Inventory increased from Mar. 2023 (5.23) to Mar. 2024 (7.66). It might indicate that Central Plains Environment Protection Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Plains Environment Protection Co's Inventory Turnover for the three months ended in Mar. 2024 was 11.91.

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. Central Plains Environment Protection Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Central Plains Environment Protection Co Days Inventory Historical Data

The historical data trend for Central Plains Environment 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.

Central Plains Environment Protection Co Days Inventory Chart

Central Plains Environment Protection 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 10.67 15.06 4.05 3.04 2.97

Central Plains Environment 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 5.23 4.86 6.56 3.38 7.66

Competitive Comparison of Central Plains Environment Protection Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Central Plains Environment 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.


Central Plains Environment Protection Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Central Plains Environment Protection Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Central Plains Environment Protection Co's Days Inventory falls into.



Central Plains Environment Protection Co Days Inventory Calculation

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

Central Plains Environment 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
=( (50.524 + 40.681) / 2 ) / 5611.743*365
=45.6025 / 5611.743*365
=2.97

Central Plains Environment 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
=( (40.681 + 96.157) / 2 ) / 814.945*365 / 4
=68.419 / 814.945*365 / 4
=7.66

* 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.


Central Plains Environment Protection Co  (SZSE:000544) 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.

Central Plains Environment 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.

Central Plains Environment 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.


Central Plains Environment Protection Co Days Inventory Related Terms

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


Central Plains Environment Protection Co (SZSE:000544) Business Description

Traded in Other Exchanges
N/A
Address
Chung Dong New Area CBD Outer Ring Road and West Seven Streets, Chinese Business Building 15A, Zhengzhou, CHN, 450000
Central Plains Environment Protection Co Ltd is an integrated service provider of ecological environment. The company is engaged in the treatment of urban sewage, industrial park sewage, and industrial wastewater. The other business of the company includes sludge disposal, solid waste disposal, and central heating.

Central Plains Environment Protection Co (SZSE:000544) Headlines

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