China Shanshui Cement Group (HKSE:00691) Days Inventory : 52.53 (As of Dec. 2023)

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What is China Shanshui Cement Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Shanshui Cement Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$2,697 Mil. China Shanshui Cement Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9,369 Mil. Hence, China Shanshui Cement Group's Days Inventory for the six months ended in Dec. 2023 was 52.53.

The historical rank and industry rank for China Shanshui Cement Group's Days Inventory or its related term are showing as below:

HKSE:00691' s Days Inventory Range Over the Past 10 Years
Min: 44.76 Med: 55.83 Max: 64.94
Current: 61.79

During the past 13 years, China Shanshui Cement Group's highest Days Inventory was 64.94. The lowest was 44.76. And the median was 55.83.

HKSE:00691's Days Inventory is ranked better than
66.3% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs HKSE:00691: 61.79

China Shanshui Cement Group's Days Inventory declined from Dec. 2022 (66.26) to Dec. 2023 (52.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Shanshui Cement Group's Inventory Turnover for the six months ended in Dec. 2023 was 3.47.

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 Shanshui Cement Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.27.

China Shanshui Cement Group Days Inventory Historical Data

The historical data trend for China Shanshui Cement 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.

China Shanshui Cement Group Days Inventory Chart

China Shanshui Cement Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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44.76

54.53

52.20

64.94

61.29

China Shanshui Cement 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															45.78	73.54	66.26	72.70	52.53

Competitive Comparison of China Shanshui Cement Group's Days Inventory

For the Building Materials subindustry, China Shanshui Cement 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.

China Shanshui Cement Group's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Shanshui Cement Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Shanshui Cement Group's Days Inventory falls into.

China Shanshui Cement Group Days Inventory Calculation

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

China Shanshui Cement 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
=	( (3607.337	+	2344.615)	/	2 )	/	17723.353	*	365
=	2975.976					/	17723.353	*	365
=	61.29

China Shanshui Cement 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
=	( (3049.047	+	2344.615)	/	2 )	/	9368.719	*	365 / 2
=	2696.831					/	9368.719	*	365 / 2
=	52.53

China Shanshui Cement Group (HKSE:00691) 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 Shanshui Cement Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9368.719	/	2696.831
	=	3.47

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 Shanshui Cement Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2696.831	/	10134.168
	=	0.27

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 Shanshui Cement Group Days Inventory Related Terms

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

China Shanshui Cement Group (HKSE:00691) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Shanshui Cement Group Ltd (HKSE:00691) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanshui Industrial Park, Gushan Town, Changqing District, Shandong, Jinan, CHN, 250307

Website

http://www.shanshuicement.com

China Shanshui Cement Group Ltd is a cement producer in China. The company manufactures and sells cement, clinker, and concrete in several provinces of China. Its geographic segments include Shandong Province which contributes to the majority of revenue and several other provinces of China that include Northeastern China, Shanxi Province, and Xinjiang Region. Its products are used for national key projects, railways, highways, airports, real estates and other infrastructure construction and exported to more than 60 countries and other international markets.

Executives

Bo Hai Yin Hang Gu Fen You Xian Gong Si Da Lian Fen Hang	2106 Person having a security interest in shares
Shen Neng International Spc - Green Planet Sp	2101 Beneficial owner
Shen Neng Investment Management Limited	2101 Beneficial owner
Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2101 Beneficial owner
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Asia Cement Corporation	2101 Beneficial owner
Yu Yuan Investment Corporation Limited	2101 Beneficial owner
China Building Material Holdings Co., Limited	2101 Beneficial owner
China National Building Material Company Limited	2201 Interest of corporation controlled by you
China National Building Material Group Co., Ltd.	2201 Interest of corporation controlled by you

China Shanshui Cement Group (HKSE:00691) Headlines

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