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Shaanxi Coal Industry Co (SHSE:601225) Days Inventory : 11.91 (As of Mar. 2024)


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What is Shaanxi Coal Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shaanxi Coal Industry Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,420 Mil. Shaanxi Coal Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥26,197 Mil. Hence, Shaanxi Coal Industry Co's Days Inventory for the three months ended in Mar. 2024 was 11.91.

The historical rank and industry rank for Shaanxi Coal Industry Co's Days Inventory or its related term are showing as below:

SHSE:601225' s Days Inventory Range Over the Past 10 Years
Min: 8.74   Med: 15.26   Max: 20.88
Current: 13.25

During the past 13 years, Shaanxi Coal Industry Co's highest Days Inventory was 20.88. The lowest was 8.74. And the median was 15.26.

SHSE:601225's Days Inventory is ranked better than
82.61% of 115 companies
in the Other Energy Sources industry
Industry Median: 30.14 vs SHSE:601225: 13.25

Shaanxi Coal Industry Co's Days Inventory increased from Mar. 2023 (10.90) to Mar. 2024 (11.91). It might indicate that Shaanxi Coal Industry Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shaanxi Coal Industry Co's Inventory Turnover for the three months ended in Mar. 2024 was 7.66.

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. Shaanxi Coal Industry Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.


Shaanxi Coal Industry Co Days Inventory Historical Data

The historical data trend for Shaanxi Coal Industry 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.

Shaanxi Coal Industry Co Days Inventory Chart

Shaanxi Coal Industry 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 10.62 17.78 16.84 12.52 8.74

Shaanxi Coal Industry 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 10.90 11.86 16.87 11.96 11.91

Competitive Comparison of Shaanxi Coal Industry Co's Days Inventory

For the Thermal Coal subindustry, Shaanxi Coal Industry 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.


Shaanxi Coal Industry Co's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Coal Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shaanxi Coal Industry Co's Days Inventory falls into.



Shaanxi Coal Industry Co Days Inventory Calculation

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

Shaanxi Coal Industry 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
=( (2678.318 + 2405.021) / 2 ) / 106188.077*365
=2541.6695 / 106188.077*365
=8.74

Shaanxi Coal Industry 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
=( (2405.021 + 4434.927) / 2 ) / 26197.043*365 / 4
=3419.974 / 26197.043*365 / 4
=11.91

* 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.


Shaanxi Coal Industry Co  (SHSE:601225) 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.

Shaanxi Coal Industry 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.

Shaanxi Coal Industry 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.


Shaanxi Coal Industry Co Days Inventory Related Terms

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


Shaanxi Coal Industry Co (SHSE:601225) Business Description

Traded in Other Exchanges
N/A
Address
Yanta District, Xi'an, Shaanxi Province, all the way to the 2nd Kam industry, Shaanxi Coal Chemical Group Building 19-22, Xi'an, CHN, 710065
Shaanxi Coal Industry Co Ltd is a China-based company, principally engaged in the mining, dressing by washing, transportation, and sales of coal. The company's coal products are mainly applied in power, chemical engineering, and metallurgy, among others. The company distributes its products mainly within domestic markets.

Shaanxi Coal Industry Co (SHSE:601225) Headlines

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