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Yantai Yuancheng Gold Co (SHSE:600766) Days Inventory : 291.83 (As of Mar. 2024)


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What is Yantai Yuancheng Gold Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yantai Yuancheng Gold Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥54.5 Mil. Yantai Yuancheng Gold Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥17.0 Mil. Hence, Yantai Yuancheng Gold Co's Days Inventory for the three months ended in Mar. 2024 was 291.83.

The historical rank and industry rank for Yantai Yuancheng Gold Co's Days Inventory or its related term are showing as below:

SHSE:600766' s Days Inventory Range Over the Past 10 Years
Min: 68.57   Med: 1659.66   Max: 96794.61
Current: 68.57

During the past 13 years, Yantai Yuancheng Gold Co's highest Days Inventory was 96794.61. The lowest was 68.57. And the median was 1659.66.

SHSE:600766's Days Inventory is ranked better than
82.32% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs SHSE:600766: 68.57

Yantai Yuancheng Gold Co's Days Inventory increased from Mar. 2023 (87.20) to Mar. 2024 (291.83). It might indicate that Yantai Yuancheng Gold Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yantai Yuancheng Gold Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.31.

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. Yantai Yuancheng Gold Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.44.


Yantai Yuancheng Gold Co Days Inventory Historical Data

The historical data trend for Yantai Yuancheng Gold 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.

Yantai Yuancheng Gold Co Days Inventory Chart

Yantai Yuancheng Gold 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 1,704.81 1,614.50 158.37 231.05 71.96

Yantai Yuancheng Gold 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 87.20 34.88 57.21 50.07 291.83

Competitive Comparison of Yantai Yuancheng Gold Co's Days Inventory

For the Real Estate - Development subindustry, Yantai Yuancheng Gold 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.


Yantai Yuancheng Gold Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yantai Yuancheng Gold Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yantai Yuancheng Gold Co's Days Inventory falls into.



Yantai Yuancheng Gold Co Days Inventory Calculation

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

Yantai Yuancheng Gold 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
=( (20.203 + 56.956) / 2 ) / 195.672*365
=38.5795 / 195.672*365
=71.96

Yantai Yuancheng Gold 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
=( (56.956 + 51.978) / 2 ) / 17.031*365 / 4
=54.467 / 17.031*365 / 4
=291.83

* 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.


Yantai Yuancheng Gold Co  (SHSE:600766) 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.

Yantai Yuancheng Gold 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.

Yantai Yuancheng Gold 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.


Yantai Yuancheng Gold Co Days Inventory Related Terms

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


Yantai Yuancheng Gold Co (SHSE:600766) Business Description

Traded in Other Exchanges
N/A
Address
No. 261 South Street, Shandong Province, Yantai, CHN, 264000
Website
Yantai Yuancheng Gold Co Ltd is engaged in property development in China. The Company has a merchandise retail segment.
Executives
Xu Cheng Hui Director

Yantai Yuancheng Gold Co (SHSE:600766) Headlines

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