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Ziyuanyuan Holdings Group (HKSE:08223) Days Inventory : 55.18 (As of Dec. 2023)


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What is Ziyuanyuan Holdings Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ziyuanyuan Holdings Group's Average Total Inventories for the three months ended in Dec. 2023 was HK$5.3 Mil. Ziyuanyuan Holdings Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$8.8 Mil. Hence, Ziyuanyuan Holdings Group's Days Inventory for the three months ended in Dec. 2023 was 55.18.

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

HKSE:08223' s Days Inventory Range Over the Past 10 Years
Min: 8.68   Med: 48.19   Max: 116.28
Current: 116.28

During the past 9 years, Ziyuanyuan Holdings Group's highest Days Inventory was 116.28. The lowest was 8.68. And the median was 48.19.

HKSE:08223's Days Inventory is ranked worse than
67.33% of 101 companies
in the Credit Services industry
Industry Median: 45.6 vs HKSE:08223: 116.28

Ziyuanyuan Holdings Group's Days Inventory declined from Dec. 2022 (89.41) to Dec. 2023 (55.18).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ziyuanyuan Holdings Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.65.

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. Ziyuanyuan Holdings Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Ziyuanyuan Holdings Group Days Inventory Historical Data

The historical data trend for Ziyuanyuan Holdings 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.

Ziyuanyuan Holdings Group Days Inventory Chart

Ziyuanyuan Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 8.68 48.19 69.71

Ziyuanyuan Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 89.41 80.73 195.02 210.21 55.18

Competitive Comparison of Ziyuanyuan Holdings Group's Days Inventory

For the Credit Services subindustry, Ziyuanyuan Holdings 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.


Ziyuanyuan Holdings Group's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ziyuanyuan Holdings Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ziyuanyuan Holdings Group's Days Inventory falls into.



Ziyuanyuan Holdings Group Days Inventory Calculation

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

Ziyuanyuan Holdings 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
=( (13.377 + 5.316) / 2 ) / 48.937*365
=9.3465 / 48.937*365
=69.71

Ziyuanyuan Holdings 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 5.316) / 1 ) / 8.791*365 / 4
=5.316 / 8.791*365 / 4
=55.18

* 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.


Ziyuanyuan Holdings Group  (HKSE:08223) 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.

Ziyuanyuan Holdings Group's Inventory Turnover for the three 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.

Ziyuanyuan Holdings Group's Inventory to Revenue for the three 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.


Ziyuanyuan Holdings Group Days Inventory Related Terms

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


Ziyuanyuan Holdings Group (HKSE:08223) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Shenzhen, CHN
Ziyuanyuan Holdings Group Ltd is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services in the PRC. The segments of the group are Finance leasing, Postpartum care service and Trading of medical equipment and consumables. Geographically, it derives revenue from the PRC.
Executives
Hero Global Limited 2101 Beneficial owner
Icon Global Holding Limited 2401 A concert party to an agreement to buy shares
Tang Yiping 2202 Interest of your spouse
Zhang Junshen 2201 Interest of corporation controlled by you
Zhang Junwei 2401 A concert party to an agreement to buy shares

Ziyuanyuan Holdings Group (HKSE:08223) Headlines

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