Beijing Gas Blue Sky Holdings (HKSE:06828) Days Inventory : 3.94 (As of Dec. 2023)

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What is Beijing Gas Blue Sky Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Gas Blue Sky Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$20 Mil. Beijing Gas Blue Sky Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$938 Mil. Hence, Beijing Gas Blue Sky Holdings's Days Inventory for the six months ended in Dec. 2023 was 3.94.

The historical rank and industry rank for Beijing Gas Blue Sky Holdings's Days Inventory or its related term are showing as below:

HKSE:06828' s Days Inventory Range Over the Past 10 Years
Min: 3.24 Med: 5.92 Max: 32.42
Current: 3.55

During the past 13 years, Beijing Gas Blue Sky Holdings's highest Days Inventory was 32.42. The lowest was 3.24. And the median was 5.92.

HKSE:06828's Days Inventory is ranked better than
86.18% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs HKSE:06828: 3.55

Beijing Gas Blue Sky Holdings's Days Inventory declined from Dec. 2022 (6.17) to Dec. 2023 (3.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Gas Blue Sky Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 46.26.

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 Gas Blue Sky Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

Beijing Gas Blue Sky Holdings Days Inventory Historical Data

The historical data trend for Beijing Gas Blue Sky Holdings'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 Gas Blue Sky Holdings Days Inventory Chart

Beijing Gas Blue Sky Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

8.29

10.15

3.82

4.27

3.42

Beijing Gas Blue Sky Holdings 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															10.93	3.98	6.17	3.35	3.94

Competitive Comparison of Beijing Gas Blue Sky Holdings's Days Inventory

For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky Holdings'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 Gas Blue Sky Holdings's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Gas Blue Sky Holdings's Days Inventory falls into.

Beijing Gas Blue Sky Holdings Days Inventory Calculation

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

Beijing Gas Blue Sky Holdings'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
=	( (20.255	+	18.762)	/	2 )	/	2084.905	*	365
=	19.5085					/	2084.905	*	365
=	3.42

Beijing Gas Blue Sky Holdings'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
=	( (21.79	+	18.762)	/	2 )	/	938.059	*	365 / 2
=	20.276					/	938.059	*	365 / 2
=	3.94

Beijing Gas Blue Sky Holdings (HKSE:06828) 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 Gas Blue Sky Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	938.059	/	20.276
	=	46.26

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 Gas Blue Sky Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.276	/	958.829
	=	0.02

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 Gas Blue Sky Holdings Days Inventory Related Terms

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

Beijing Gas Blue Sky Holdings (HKSE:06828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Gas Blue Sky Holdings Ltd (HKSE:06828) » Definitions » Days Inventory

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Traded in Other Exchanges

KO32:Germany

Address

200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.bgbluesky.com

Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.

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