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Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Days Inventory : 270.10 (As of Mar. 2024)


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What is Xinjiang Baihuacun Pharam Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xinjiang Baihuacun Pharam Tech Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥128.4 Mil. Xinjiang Baihuacun Pharam Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥43.4 Mil. Hence, Xinjiang Baihuacun Pharam Tech Co's Days Inventory for the three months ended in Mar. 2024 was 270.10.

The historical rank and industry rank for Xinjiang Baihuacun Pharam Tech Co's Days Inventory or its related term are showing as below:

SHSE:600721' s Days Inventory Range Over the Past 10 Years
Min: 88.13   Med: 298.5   Max: 633.18
Current: 266.49

During the past 13 years, Xinjiang Baihuacun Pharam Tech Co's highest Days Inventory was 633.18. The lowest was 88.13. And the median was 298.50.

SHSE:600721's Days Inventory is ranked worse than
98.81% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs SHSE:600721: 266.49

Xinjiang Baihuacun Pharam Tech Co's Days Inventory declined from Mar. 2023 (359.71) to Mar. 2024 (270.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinjiang Baihuacun Pharam Tech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.34.

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. Xinjiang Baihuacun Pharam Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.41.


Xinjiang Baihuacun Pharam Tech Co Days Inventory Historical Data

The historical data trend for Xinjiang Baihuacun Pharam Tech 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.

Xinjiang Baihuacun Pharam Tech Co Days Inventory Chart

Xinjiang Baihuacun Pharam Tech 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 633.18 359.44 413.69 298.18 265.96

Xinjiang Baihuacun Pharam Tech 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 359.71 279.39 274.27 238.04 270.10

Competitive Comparison of Xinjiang Baihuacun Pharam Tech Co's Days Inventory

For the Restaurants subindustry, Xinjiang Baihuacun Pharam Tech 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.


Xinjiang Baihuacun Pharam Tech Co's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xinjiang Baihuacun Pharam Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xinjiang Baihuacun Pharam Tech Co's Days Inventory falls into.



Xinjiang Baihuacun Pharam Tech Co Days Inventory Calculation

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

Xinjiang Baihuacun Pharam Tech 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
=( (149.426 + 124.832) / 2 ) / 188.193*365
=137.129 / 188.193*365
=265.96

Xinjiang Baihuacun Pharam Tech 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
=( (124.832 + 132.026) / 2 ) / 43.388*365 / 4
=128.429 / 43.388*365 / 4
=270.10

* 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.


Xinjiang Baihuacun Pharam Tech Co  (SHSE:600721) 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.

Xinjiang Baihuacun Pharam Tech 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.

Xinjiang Baihuacun Pharam Tech 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.


Xinjiang Baihuacun Pharam Tech Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Xinjiang Baihuacun Pharam Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Business Description

Traded in Other Exchanges
N/A
Address
No. 141 Zhongshan Road, Urumqi, Xinjiang, CHN, 830002
Xinjiang Baihuacun Co Ltd is engaged in energy development, information products and digital imaging technology, as well as the operation of restaurants.
Executives
Xia Yan Director
Cai Zi Yun Directors, senior managers
Lv Zheng Tian Director
Zheng Cai Hong Director
Zhao Qin Qin senior management
Li Na Supervisors
Wang Qing Hui Director
Huang Hui Director
Tian Ping Director
Zhang Xiao Qing Director
Zhang Jun senior management
Hou Tie Jun Director

Xinjiang Baihuacun Pharam Tech Co (SHSE:600721) Headlines

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