Anhui Sentai WPC Group Share Co (SZSE:301429) Days Inventory : 109.32 (As of Mar. 2024)

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What is Anhui Sentai WPC Group Share Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Sentai WPC Group Share Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥164.1 Mil. Anhui Sentai WPC Group Share Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥137.0 Mil. Hence, Anhui Sentai WPC Group Share Co's Days Inventory for the three months ended in Mar. 2024 was 109.32.

The historical rank and industry rank for Anhui Sentai WPC Group Share Co's Days Inventory or its related term are showing as below:

SZSE:301429' s Days Inventory Range Over the Past 10 Years
Min: 86.66 Med: 100.84 Max: 131.94
Current: 106.74

During the past 7 years, Anhui Sentai WPC Group Share Co's highest Days Inventory was 131.94. The lowest was 86.66. And the median was 100.84.

SZSE:301429's Days Inventory is ranked worse than
52.45% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs SZSE:301429: 106.74

Anhui Sentai WPC Group Share Co's Days Inventory increased from Mar. 2023 (78.86) to Mar. 2024 (109.32). It might indicate that Anhui Sentai WPC Group Share Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Sentai WPC Group Share Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.83.

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. Anhui Sentai WPC Group Share Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.86.

Anhui Sentai WPC Group Share Co Days Inventory Historical Data

The historical data trend for Anhui Sentai WPC Group Share 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.

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Anhui Sentai WPC Group Share Co Days Inventory Chart

Anhui Sentai WPC Group Share Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

107.53

86.66

86.85

96.15

100.84

Anhui Sentai WPC Group Share Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial												78.86	97.38	115.18	94.77	109.32

Competitive Comparison of Anhui Sentai WPC Group Share Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Anhui Sentai WPC Group Share Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Sentai WPC Group Share Co's Days Inventory falls into.

Anhui Sentai WPC Group Share Co Days Inventory Calculation

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

Anhui Sentai WPC Group Share 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
=	( (115.057	+	137.005)	/	2 )	/	456.166	*	365
=	126.031					/	456.166	*	365
=	100.84

Anhui Sentai WPC Group Share 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
=	( (137.005	+	191.284)	/	2 )	/	137.014	*	365 / 4
=	164.1445					/	137.014	*	365 / 4
=	109.32

Anhui Sentai WPC Group Share Co (SZSE:301429) 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.

Anhui Sentai WPC Group Share Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	137.014	/	164.1445
	=	0.83

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.

Anhui Sentai WPC Group Share Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	164.1445	/	190.166
	=	0.86

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.

Anhui Sentai WPC Group Share Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Anhui Sentai WPC Group Share Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Sentai WPC Group Share Co (SZSE:301429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Anhui Sentai WPC Group Share Co Ltd (SZSE:301429) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Guohua Road, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200

Website

http://www.sentaiwpc.com

Anhui Sentai WPC Group Share Co Ltd is focused on the research and development and promotion of wood-plastic composite materials and their products. The company's products are mainly used in wood substitution, whole house assembly, prefabricated buildings, automotive interiors and other fields.

Anhui Sentai WPC Group Share Co (SZSE:301429) Headlines

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