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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Days Inventory : 8.97 (As of Dec. 2023)


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What is Beijing Enterprises Water Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Enterprises Water Group's Average Total Inventories for the six months ended in Dec. 2023 was $53 Mil. Beijing Enterprises Water Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,077 Mil. Hence, Beijing Enterprises Water Group's Days Inventory for the six months ended in Dec. 2023 was 8.97.

The historical rank and industry rank for Beijing Enterprises Water Group's Days Inventory or its related term are showing as below:

BJWTF' s Days Inventory Range Over the Past 10 Years
Min: 2.8   Med: 4.45   Max: 8.66
Current: 8.66

During the past 13 years, Beijing Enterprises Water Group's highest Days Inventory was 8.66. The lowest was 2.80. And the median was 4.45.

BJWTF's Days Inventory is ranked better than
74.95% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs BJWTF: 8.66

Beijing Enterprises Water Group's Days Inventory increased from Dec. 2022 (8.22) to Dec. 2023 (8.97). It might indicate that Beijing Enterprises Water Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Enterprises Water Group's Inventory Turnover for the six months ended in Dec. 2023 was 20.35.

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 Enterprises Water Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Beijing Enterprises Water Group Days Inventory Historical Data

The historical data trend for Beijing Enterprises Water Group'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 Enterprises Water Group Days Inventory Chart

Beijing Enterprises Water Group 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 4.74 5.51 4.95 7.79 8.34

Beijing Enterprises Water Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.25 9.69 8.22 8.68 8.97

Competitive Comparison of Beijing Enterprises Water Group's Days Inventory

For the Utilities - Regulated Water subindustry, Beijing Enterprises Water Group'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 Enterprises Water Group's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Enterprises Water Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Water Group's Days Inventory falls into.



Beijing Enterprises Water Group Days Inventory Calculation

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

Beijing Enterprises Water Group'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
=( (49.961 + 50.154) / 2 ) / 2190.498*365
=50.0575 / 2190.498*365
=8.34

Beijing Enterprises Water Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (55.701 + 50.154) / 2 ) / 1077.013*365 / 2
=52.9275 / 1077.013*365 / 2
=8.97

* 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.


Beijing Enterprises Water Group  (OTCPK:BJWTF) 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 Enterprises Water Group's Inventory Turnover for the six months ended in Dec. 2023 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.

Beijing Enterprises Water Group's Inventory to Revenue for the six months ended in Dec. 2023 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.


Beijing Enterprises Water Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing Enterprises Water Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Enterprises Water Group (Beijing Enterprises Water Group) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Beijing Enterprises Water Group (Beijing Enterprises Water Group) Headlines

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