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Shanghai Aiyingshi Co (SHSE:603214) Days Inventory : 119.15 (As of Mar. 2024)


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What is Shanghai Aiyingshi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Aiyingshi Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥790 Mil. Shanghai Aiyingshi Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥605 Mil. Hence, Shanghai Aiyingshi Co's Days Inventory for the three months ended in Mar. 2024 was 119.15.

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

SHSE:603214' s Days Inventory Range Over the Past 10 Years
Min: 87.33   Med: 107.06   Max: 136.26
Current: 117.35

During the past 11 years, Shanghai Aiyingshi Co's highest Days Inventory was 136.26. The lowest was 87.33. And the median was 107.06.

SHSE:603214's Days Inventory is ranked worse than
52.9% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs SHSE:603214: 117.35

Shanghai Aiyingshi Co's Days Inventory declined from Mar. 2023 (134.36) to Mar. 2024 (119.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Aiyingshi Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.77.

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. Shanghai Aiyingshi Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.


Shanghai Aiyingshi Co Days Inventory Historical Data

The historical data trend for Shanghai Aiyingshi 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.

Shanghai Aiyingshi Co Days Inventory Chart

Shanghai Aiyingshi 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 111.15 126.82 136.26 121.49 126.10

Shanghai Aiyingshi 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 134.36 108.00 127.98 116.63 119.15

Competitive Comparison of Shanghai Aiyingshi Co's Days Inventory

For the Specialty Retail subindustry, Shanghai Aiyingshi 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.


Shanghai Aiyingshi Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Aiyingshi Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Aiyingshi Co's Days Inventory falls into.



Shanghai Aiyingshi Co Days Inventory Calculation

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

Shanghai Aiyingshi 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
=( (846.018 + 802.625) / 2 ) / 2386.097*365
=824.3215 / 2386.097*365
=126.10

Shanghai Aiyingshi 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
=( (802.625 + 778.053) / 2 ) / 605.283*365 / 4
=790.339 / 605.283*365 / 4
=119.15

* 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.


Shanghai Aiyingshi Co  (SHSE:603214) 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.

Shanghai Aiyingshi 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.

Shanghai Aiyingshi 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.


Shanghai Aiyingshi Co Days Inventory Related Terms

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Shanghai Aiyingshi Co (SHSE:603214) Business Description

Traded in Other Exchanges
N/A
Address
Shanghai Pudong Road, 3E-1158 Room, Shanghai, CHN, 200127
Shanghai Aiyingshi Co Ltd is engaged in selling and distribution of products like diaper, toy book, formula milk which include goat milk and milk powder, nutritional which include nutritional supplements, rice, noodles, biscuits, beverage, snack foods, and cooking ingredients, breast pump, safety supplies, clothes washing, and moisturizing.

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