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Gansu Dunhuang Seed Group Co (SHSE:600354) Days Inventory : 114.97 (As of Mar. 2024)


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What is Gansu Dunhuang Seed Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gansu Dunhuang Seed Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥346 Mil. Gansu Dunhuang Seed Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥275 Mil. Hence, Gansu Dunhuang Seed Group Co's Days Inventory for the three months ended in Mar. 2024 was 114.97.

The historical rank and industry rank for Gansu Dunhuang Seed Group Co's Days Inventory or its related term are showing as below:

SHSE:600354' s Days Inventory Range Over the Past 10 Years
Min: 102.8   Med: 224.89   Max: 497.26
Current: 102.8

During the past 13 years, Gansu Dunhuang Seed Group Co's highest Days Inventory was 497.26. The lowest was 102.80. And the median was 224.89.

SHSE:600354's Days Inventory is ranked worse than
61.68% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs SHSE:600354: 102.80

Gansu Dunhuang Seed Group Co's Days Inventory increased from Mar. 2023 (113.32) to Mar. 2024 (114.97). It might indicate that Gansu Dunhuang Seed Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gansu Dunhuang Seed Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.79.

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. Gansu Dunhuang Seed Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.78.


Gansu Dunhuang Seed Group Co Days Inventory Historical Data

The historical data trend for Gansu Dunhuang Seed Group Co'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.

Gansu Dunhuang Seed Group Co Days Inventory Chart

Gansu Dunhuang Seed Group Co 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 141.35 169.26 176.41 159.97 176.26

Gansu Dunhuang Seed Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 113.32 213.85 305.67 60.95 114.97

Competitive Comparison of Gansu Dunhuang Seed Group Co's Days Inventory

For the Farm Products subindustry, Gansu Dunhuang Seed Group Co'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.


Gansu Dunhuang Seed Group Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gansu Dunhuang Seed Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gansu Dunhuang Seed Group Co's Days Inventory falls into.



Gansu Dunhuang Seed Group Co Days Inventory Calculation

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

Gansu Dunhuang Seed Group Co'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
=( (363.574 + 443.811) / 2 ) / 835.989*365
=403.6925 / 835.989*365
=176.26

Gansu Dunhuang Seed Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (443.811 + 248.967) / 2 ) / 274.934*365 / 4
=346.389 / 274.934*365 / 4
=114.97

* 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.


Gansu Dunhuang Seed Group Co  (SHSE:600354) 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.

Gansu Dunhuang Seed Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Gansu Dunhuang Seed Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Gansu Dunhuang Seed Group Co Days Inventory Related Terms

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


Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000
Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.
Executives
Shi Xiao Zhong Director
Wang Cheng Ji Director
Wang Shan Guang senior management
Zhang Shao Ping Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

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