China Precision Steel (China Precision Steel) Days Inventory : 110.93 (As of Dec. 2014)

China Precision Steel Days Inventory Chart

China Precision Steel Annual Data
	Trend	Dec04	Dec05	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Days Inventory		Get a 7-Day Free Trial					81.63	130.22	111.17	118.46	73.53

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Days Inventory	Get a 7-Day Free Trial															85.59	66.51	82.62	108.96	110.93

Competitive Comparison of China Precision Steel's Days Inventory

For the Steel subindustry, China Precision Steel'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.

China Precision Steel's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Precision Steel's Days Inventory falls into.

China Precision Steel Days Inventory Calculation

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

China Precision Steel's Days Inventory for the fiscal year that ended in Jun. 2014 is calculated as

China Precision Steel's Days Inventory for the quarter that ended in Dec. 2014 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.

China Precision Steel  (OTCPK:CPSL) 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.

China Precision Steel's Inventory Turnover for the three months ended in Dec. 2014 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.

China Precision Steel's Inventory to Revenue for the three months ended in Dec. 2014 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.

China Precision Steel Days Inventory Related Terms

Thank you for viewing the detailed overview of China Precision Steel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Precision Steel (China Precision Steel) Business Description