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Guilin Layn Natural Ingredients (SZSE:002166) Days Inventory : 401.70 (As of Mar. 2024)


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What is Guilin Layn Natural Ingredients Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guilin Layn Natural Ingredients's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,111 Mil. Guilin Layn Natural Ingredients's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥252 Mil. Hence, Guilin Layn Natural Ingredients's Days Inventory for the three months ended in Mar. 2024 was 401.70.

The historical rank and industry rank for Guilin Layn Natural Ingredients's Days Inventory or its related term are showing as below:

SZSE:002166' s Days Inventory Range Over the Past 10 Years
Min: 302.38   Med: 520.05   Max: 1294.23
Current: 327.84

During the past 13 years, Guilin Layn Natural Ingredients's highest Days Inventory was 1294.23. The lowest was 302.38. And the median was 520.05.

SZSE:002166's Days Inventory is ranked worse than
93.95% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs SZSE:002166: 327.84

Guilin Layn Natural Ingredients's Days Inventory declined from Mar. 2023 (478.25) to Mar. 2024 (401.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guilin Layn Natural Ingredients's Inventory Turnover for the three months ended in Mar. 2024 was 0.23.

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. Guilin Layn Natural Ingredients's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.26.


Guilin Layn Natural Ingredients Days Inventory Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients Days Inventory Chart

Guilin Layn Natural Ingredients 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 578.66 401.76 338.68 302.38 306.54

Guilin Layn Natural Ingredients 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 478.25 508.85 308.44 197.36 401.70

Competitive Comparison of Guilin Layn Natural Ingredients's Days Inventory

For the Farm Products subindustry, Guilin Layn Natural Ingredients'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.


Guilin Layn Natural Ingredients's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Layn Natural Ingredients's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guilin Layn Natural Ingredients's Days Inventory falls into.



Guilin Layn Natural Ingredients Days Inventory Calculation

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

Guilin Layn Natural Ingredients'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
=( (925.365 + 971.299) / 2 ) / 1129.188*365
=948.332 / 1129.188*365
=306.54

Guilin Layn Natural Ingredients'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
=( (971.299 + 1250.243) / 2 ) / 252.323*365 / 4
=1110.771 / 252.323*365 / 4
=401.70

* 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.


Guilin Layn Natural Ingredients  (SZSE:002166) 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.

Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients'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.


Guilin Layn Natural Ingredients Days Inventory Related Terms

Thank you for viewing the detailed overview of Guilin Layn Natural Ingredients's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004
Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.
Executives
Yao Xin De Director
Huang Li Juan Independent director
Qin Ben Jun Directors, executives
Liu Hong Yu Independent director
Bai Yu Directors, executives
Jiang Xiao San Directors, executives
Jiang Zhi Gang Supervisors
Xie Yong Fu Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

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