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Hangzhou Haoyue Personal Care Co (SHSE:605009) Days Inventory : 53.31 (As of Mar. 2024)


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What is Hangzhou Haoyue Personal Care Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Haoyue Personal Care Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥270 Mil. Hangzhou Haoyue Personal Care Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥462 Mil. Hence, Hangzhou Haoyue Personal Care Co's Days Inventory for the three months ended in Mar. 2024 was 53.31.

The historical rank and industry rank for Hangzhou Haoyue Personal Care Co's Days Inventory or its related term are showing as below:

SHSE:605009' s Days Inventory Range Over the Past 10 Years
Min: 46.11   Med: 52.32   Max: 111.83
Current: 50.22

During the past 8 years, Hangzhou Haoyue Personal Care Co's highest Days Inventory was 111.83. The lowest was 46.11. And the median was 52.32.

SHSE:605009's Days Inventory is ranked better than
75.94% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs SHSE:605009: 50.22

Hangzhou Haoyue Personal Care Co's Days Inventory declined from Mar. 2023 (60.10) to Mar. 2024 (53.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Haoyue Personal Care Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.71.

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. Hangzhou Haoyue Personal Care Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


Hangzhou Haoyue Personal Care Co Days Inventory Historical Data

The historical data trend for Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care Co Days Inventory Chart

Hangzhou Haoyue Personal Care Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 51.83 46.11 51.33 49.84 52.81

Hangzhou Haoyue Personal Care 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 60.10 51.42 43.13 48.86 53.31

Competitive Comparison of Hangzhou Haoyue Personal Care Co's Days Inventory

For the Household & Personal Products subindustry, Hangzhou Haoyue Personal Care 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.


Hangzhou Haoyue Personal Care Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hangzhou Haoyue Personal Care Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Haoyue Personal Care Co's Days Inventory falls into.



Hangzhou Haoyue Personal Care Co Days Inventory Calculation

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

Hangzhou Haoyue Personal Care 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
=( (305.511 + 277.333) / 2 ) / 2014.197*365
=291.422 / 2014.197*365
=52.81

Hangzhou Haoyue Personal Care 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
=( (277.333 + 263) / 2 ) / 462.458*365 / 4
=270.1665 / 462.458*365 / 4
=53.31

* 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.


Hangzhou Haoyue Personal Care Co  (SHSE:605009) 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.

Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care 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.


Hangzhou Haoyue Personal Care Co Days Inventory Related Terms

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


Hangzhou Haoyue Personal Care Co (SHSE:605009) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Fengdu Road, Pingyao, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310026
Hangzhou Haoyue Personal Care Co Ltd is engaged in manufacturing and sales as a whole and focuses on women, young and adult health care products. The products produced and operated under the banner of haoyue are baby step pants, paper diapers, paper diapers, wet towels, adult Lala pants, diapers, paper diapers, nursing mats, wet towels, female sanitary napkins, menstrual care pants, maternity and baby dual-use napkins, parturient towel, among others.

Hangzhou Haoyue Personal Care Co (SHSE:605009) Headlines

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