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Shenzhen Fountain (SZSE:000005) Days Inventory : 30.00 (As of Sep. 2023)


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What is Shenzhen Fountain Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Fountain's Average Total Inventories for the three months ended in Sep. 2023 was ¥13.0 Mil. Shenzhen Fountain's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥39.5 Mil. Hence, Shenzhen Fountain's Days Inventory for the three months ended in Sep. 2023 was 30.00.

The historical rank and industry rank for Shenzhen Fountain's Days Inventory or its related term are showing as below:

SZSE:000005' s Days Inventory Range Over the Past 10 Years
Min: 17.12   Med: 184.38   Max: 1023.38
Current: 23

During the past 13 years, Shenzhen Fountain's highest Days Inventory was 1023.38. The lowest was 17.12. And the median was 184.38.

SZSE:000005's Days Inventory is not ranked
in the Real Estate industry.
Industry Median: 699.45 vs SZSE:000005: 23.00

Shenzhen Fountain's Days Inventory increased from Sep. 2022 (16.99) to Sep. 2023 (30.00). It might indicate that Shenzhen Fountain's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Fountain's Inventory Turnover for the three months ended in Sep. 2023 was 3.04.

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. Shenzhen Fountain's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.27.


Shenzhen Fountain Days Inventory Historical Data

The historical data trend for Shenzhen Fountain'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.

Shenzhen Fountain Days Inventory Chart

Shenzhen Fountain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 478.01 224.50 26.88 17.12 18.97

Shenzhen Fountain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 16.99 12.15 39.62 28.97 30.00

Competitive Comparison of Shenzhen Fountain's Days Inventory

For the Real Estate - Development subindustry, Shenzhen Fountain'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.


Shenzhen Fountain's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Fountain's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Fountain's Days Inventory falls into.



Shenzhen Fountain Days Inventory Calculation

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

Shenzhen Fountain's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (14.695 + 10.942) / 2 ) / 246.704*365
=12.8185 / 246.704*365
=18.97

Shenzhen Fountain's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (13.282 + 12.66) / 2 ) / 39.458*365 / 4
=12.971 / 39.458*365 / 4
=30.00

* 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.


Shenzhen Fountain  (SZSE:000005) 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.

Shenzhen Fountain's Inventory Turnover for the three months ended in Sep. 2023 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.

Shenzhen Fountain's Inventory to Revenue for the three months ended in Sep. 2023 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.


Shenzhen Fountain Days Inventory Related Terms

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


Shenzhen Fountain (SZSE:000005) Business Description

Traded in Other Exchanges
N/A
Address
Renmin South Road, Development Center Building, 13F, Shenzhen, Guangdong, CHN, 518001
Shenzhen Fountain Corp is an innovative company in the energy and environmental sector and is mainly engaged in carbon transformation efforts along its main businesses, which include sustainable real estate development, alternative transportation concepts and waste to carbon technologies.
Executives
Chen Kun Bai Director
Liu Min Er Supervisors
Zheng Lie Lie Directors, executives
Song Xiao Gang Director
Ren Sheng Jian Director
Yong Zheng Feng Supervisors
Chen Rong Quan Director

Shenzhen Fountain (SZSE:000005) Headlines

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