GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Huaihe Energy (Group) Co Ltd (SHSE:600575) » Definitions » Days Inventory

Huaihe Energy (Group) Co (SHSE:600575) Days Inventory : 18.99 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Huaihe Energy (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huaihe Energy (Group) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,396 Mil. Huaihe Energy (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,707 Mil. Hence, Huaihe Energy (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 18.99.

The historical rank and industry rank for Huaihe Energy (Group) Co's Days Inventory or its related term are showing as below:

SHSE:600575' s Days Inventory Range Over the Past 10 Years
Min: 9.06   Med: 18.47   Max: 36.02
Current: 17.05

During the past 13 years, Huaihe Energy (Group) Co's highest Days Inventory was 36.02. The lowest was 9.06. And the median was 18.47.

SHSE:600575's Days Inventory is ranked worse than
62.64% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs SHSE:600575: 17.05

Huaihe Energy (Group) Co's Days Inventory increased from Mar. 2023 (15.05) to Mar. 2024 (18.99). It might indicate that Huaihe Energy (Group) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaihe Energy (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.80.

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. Huaihe Energy (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.19.


Huaihe Energy (Group) Co Days Inventory Historical Data

The historical data trend for Huaihe Energy (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.

Huaihe Energy (Group) Co Days Inventory Chart

Huaihe Energy (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 18.35 18.59 11.07 9.06 12.35

Huaihe Energy (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 15.05 15.47 16.96 13.91 18.99

Competitive Comparison of Huaihe Energy (Group) Co's Days Inventory

For the Integrated Freight & Logistics subindustry, Huaihe Energy (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.


Huaihe Energy (Group) Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Huaihe Energy (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Huaihe Energy (Group) Co's Days Inventory falls into.



Huaihe Energy (Group) Co Days Inventory Calculation

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

Huaihe Energy (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
=( (697.582 + 1037.252) / 2 ) / 25627.896*365
=867.417 / 25627.896*365
=12.35

Huaihe Energy (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
=( (1037.252 + 1754.452) / 2 ) / 6706.809*365 / 4
=1395.852 / 6706.809*365 / 4
=18.99

* 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.


Huaihe Energy (Group) Co  (SHSE:600575) 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.

Huaihe Energy (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.

Huaihe Energy (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.


Huaihe Energy (Group) Co Days Inventory Related Terms

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


Huaihe Energy (Group) Co (SHSE:600575) Business Description

Traded in Other Exchanges
N/A
Address
Yuexiu Road, Building 2, North Shore Water Shore, Wuhu Economic and Technological Development Zone, Wuhu, CHN, 241006
Huaihe Energy (Group) Co Ltd is engaged in cargo handling, storage, international container loading and unloading, logistics and distribution, multimodal transport, port management and the goods transfer service.
Executives
Yang Yun Lin senior management
Dai Bang Sheng Supervisors
Wang Li senior management

Huaihe Energy (Group) Co (SHSE:600575) Headlines

No Headlines