Beijing China Sciences Runyu Environmental Technology Co (SZSE:301175) Days Inventory : 53.27 (As of Mar. 2024)

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What is Beijing China Sciences Runyu Environmental Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing China Sciences Runyu Environmental Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥127 Mil. Beijing China Sciences Runyu Environmental Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥218 Mil. Hence, Beijing China Sciences Runyu Environmental Technology Co's Days Inventory for the three months ended in Mar. 2024 was 53.27.

The historical rank and industry rank for Beijing China Sciences Runyu Environmental Technology Co's Days Inventory or its related term are showing as below:

SZSE:301175' s Days Inventory Range Over the Past 10 Years
Min: 19.09 Med: 43.91 Max: 49.17
Current: 34.68

During the past 7 years, Beijing China Sciences Runyu Environmental Technology Co's highest Days Inventory was 49.17. The lowest was 19.09. And the median was 43.91.

SZSE:301175's Days Inventory is ranked worse than
60.66% of 211 companies
in the Waste Management industry
Industry Median: 23.5 vs SZSE:301175: 34.68

Beijing China Sciences Runyu Environmental Technology Co's Days Inventory increased from Mar. 2023 (21.24) to Mar. 2024 (53.27). It might indicate that Beijing China Sciences Runyu Environmental Technology Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing China Sciences Runyu Environmental Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.71.

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. Beijing China Sciences Runyu Environmental Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.

Beijing China Sciences Runyu Environmental Technology Co Days Inventory Historical Data

The historical data trend for Beijing China Sciences Runyu Environmental Technology 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.

Beijing China Sciences Runyu Environmental Technology Co Days Inventory Chart

Beijing China Sciences Runyu Environmental Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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49.17

19.09

19.45

39.90

Beijing China Sciences Runyu Environmental Technology Co Quarterly Data
	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														21.24	14.25	30.96	49.00	53.27

Competitive Comparison of Beijing China Sciences Runyu Environmental Technology Co's Days Inventory

For the Waste Management subindustry, Beijing China Sciences Runyu Environmental Technology 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.

Beijing China Sciences Runyu Environmental Technology Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing China Sciences Runyu Environmental Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing China Sciences Runyu Environmental Technology Co's Days Inventory falls into.

Beijing China Sciences Runyu Environmental Technology Co Days Inventory Calculation

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

Beijing China Sciences Runyu Environmental Technology 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
=	( (48.568	+	136.148)	/	2 )	/	844.807	*	365
=	92.358					/	844.807	*	365
=	39.90

Beijing China Sciences Runyu Environmental Technology 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
=	( (136.148	+	118.051)	/	2 )	/	217.703	*	365 / 4
=	127.0995					/	217.703	*	365 / 4
=	53.27

Beijing China Sciences Runyu Environmental Technology Co (SZSE:301175) 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.

Beijing China Sciences Runyu Environmental Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	217.703	/	127.0995
	=	1.71

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.

Beijing China Sciences Runyu Environmental Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	127.0995	/	361.058
	=	0.35

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.

Beijing China Sciences Runyu Environmental Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing China Sciences Runyu Environmental Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing China Sciences Runyu Environmental Technology Co (SZSE:301175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing China Sciences Runyu Environmental Technology Co Ltd (SZSE:301175) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Suzhou Street, Room 1102-03, 11th Floor, Haidian District, Beijing, CHN, 100080

Website

https://www.cset.ac.cn

Beijing China Sciences Runyu Environmental Technology Co Ltd is engaged in providing comprehensive services of waste treatment and disposal for the government and society.

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