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Goldenhome Living Co (SHSE:603180) Days Inventory : 101.29 (As of Mar. 2024)


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What is Goldenhome Living Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goldenhome Living Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥512 Mil. Goldenhome Living Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥461 Mil. Hence, Goldenhome Living Co's Days Inventory for the three months ended in Mar. 2024 was 101.29.

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

SHSE:603180' s Days Inventory Range Over the Past 10 Years
Min: 52.89   Med: 59.89   Max: 84.42
Current: 71.03

During the past 12 years, Goldenhome Living Co's highest Days Inventory was 84.42. The lowest was 52.89. And the median was 59.89.

SHSE:603180's Days Inventory is ranked better than
70.69% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.325 vs SHSE:603180: 71.03

Goldenhome Living Co's Days Inventory declined from Mar. 2023 (116.71) to Mar. 2024 (101.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldenhome Living Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.90.

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. Goldenhome Living Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.80.


Goldenhome Living Co Days Inventory Historical Data

The historical data trend for Goldenhome Living 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.

Goldenhome Living Co Days Inventory Chart

Goldenhome Living 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 54.99 55.72 58.66 72.75 72.98

Goldenhome Living 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 116.71 70.73 63.19 59.21 101.29

Competitive Comparison of Goldenhome Living Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Goldenhome Living 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.


Goldenhome Living Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Goldenhome Living Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goldenhome Living Co's Days Inventory falls into.



Goldenhome Living Co Days Inventory Calculation

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

Goldenhome Living 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
=( (528.088 + 498.424) / 2 ) / 2567.07*365
=513.256 / 2567.07*365
=72.98

Goldenhome Living 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
=( (498.424 + 525.503) / 2 ) / 461.23*365 / 4
=511.9635 / 461.23*365 / 4
=101.29

* 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.


Goldenhome Living Co  (SHSE:603180) 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.

Goldenhome Living 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.

Goldenhome Living 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.


Goldenhome Living Co Days Inventory Related Terms

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


Goldenhome Living Co (SHSE:603180) Business Description

Traded in Other Exchanges
N/A
Address
No. 190, Jihe Road, Tong'an Park, Tong'an Industrial Concentration Zone, Fujian Province, Xiamen, CHN, 361100
Goldenhome Living Co Ltd is engaged in research and development, design, production, sales, installation and after-sales of the overall kitchen cabinet.

Goldenhome Living Co (SHSE:603180) Headlines

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