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Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Days Inventory : 22.08 (As of Mar. 2024)


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What is Wuhan Tianyuan Environmental Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wuhan Tianyuan Environmental Protection Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥40 Mil. Wuhan Tianyuan Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥163 Mil. Hence, Wuhan Tianyuan Environmental Protection Co's Days Inventory for the three months ended in Mar. 2024 was 22.08.

The historical rank and industry rank for Wuhan Tianyuan Environmental Protection Co's Days Inventory or its related term are showing as below:

SZSE:301127' s Days Inventory Range Over the Past 10 Years
Min: 5.69   Med: 19.07   Max: 112.61
Current: 14.67

During the past 10 years, Wuhan Tianyuan Environmental Protection Co's highest Days Inventory was 112.61. The lowest was 5.69. And the median was 19.07.

SZSE:301127's Days Inventory is ranked better than
61.14% of 211 companies
in the Waste Management industry
Industry Median: 23.5 vs SZSE:301127: 14.67

Wuhan Tianyuan Environmental Protection Co's Days Inventory declined from Mar. 2023 (24.88) to Mar. 2024 (22.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Tianyuan Environmental Protection Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.13.

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. Wuhan Tianyuan Environmental Protection Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


Wuhan Tianyuan Environmental Protection Co Days Inventory Historical Data

The historical data trend for Wuhan Tianyuan Environmental 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.

Wuhan Tianyuan Environmental Protection Co Days Inventory Chart

Wuhan Tianyuan Environmental Protection Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.70 42.76 22.03 16.11 12.31

Wuhan Tianyuan Environmental Protection Co Quarterly Data
Jun15 Dec17 Dec18 Dec19 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 24.88 23.11 17.07 8.42 22.08

Competitive Comparison of Wuhan Tianyuan Environmental Protection Co's Days Inventory

For the Waste Management subindustry, Wuhan Tianyuan Environmental 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.


Wuhan Tianyuan Environmental Protection Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Wuhan Tianyuan Environmental Protection Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wuhan Tianyuan Environmental Protection Co's Days Inventory falls into.



Wuhan Tianyuan Environmental Protection Co Days Inventory Calculation

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

Wuhan Tianyuan Environmental 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
=( (54.34 + 38.268) / 2 ) / 1373.204*365
=46.304 / 1373.204*365
=12.31

Wuhan Tianyuan Environmental 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
=( (38.268 + 40.746) / 2 ) / 163.285*365 / 4
=39.507 / 163.285*365 / 4
=22.08

* 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.


Wuhan Tianyuan Environmental Protection Co  (SZSE:301127) 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.

Wuhan Tianyuan Environmental 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.

Wuhan Tianyuan Environmental 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.


Wuhan Tianyuan Environmental Protection Co Days Inventory Related Terms

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Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Business Description

Traded in Other Exchanges
N/A
Address
No.392, Weihu West Road, Shamao Street, Hannan District, Hubei Province, Wuhan, CHN, 430000
Wuhan Tianyuan Environmental Protection Co Ltd is engaged in the research and development, manufacturing and integration, environmental protection engineering construction and environmental protection project operation services.

Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Headlines

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