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Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Days Inventory : 89.43 (As of Mar. 2024)


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What is Cnnc Hua Yuan Titanium Dioxide Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cnnc Hua Yuan Titanium Dioxide Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,165 Mil. Cnnc Hua Yuan Titanium Dioxide Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,189 Mil. Hence, Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory for the three months ended in Mar. 2024 was 89.43.

The historical rank and industry rank for Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory or its related term are showing as below:

SZSE:002145' s Days Inventory Range Over the Past 10 Years
Min: 60.58   Med: 71.29   Max: 119.41
Current: 79.06

During the past 13 years, Cnnc Hua Yuan Titanium Dioxide Co's highest Days Inventory was 119.41. The lowest was 60.58. And the median was 71.29.

SZSE:002145's Days Inventory is ranked better than
52.35% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs SZSE:002145: 79.06

Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory increased from Mar. 2023 (61.21) to Mar. 2024 (89.43). It might indicate that Cnnc Hua Yuan Titanium Dioxide Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cnnc Hua Yuan Titanium Dioxide Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Cnnc Hua Yuan Titanium Dioxide Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.


Cnnc Hua Yuan Titanium Dioxide Co Days Inventory Historical Data

The historical data trend for Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide Co Days Inventory Chart

Cnnc Hua Yuan Titanium Dioxide 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 73.76 63.82 60.58 62.63 80.03

Cnnc Hua Yuan Titanium Dioxide 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 61.21 87.13 58.68 74.43 89.43

Competitive Comparison of Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory

For the Chemicals subindustry, Cnnc Hua Yuan Titanium Dioxide 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.


Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cnnc Hua Yuan Titanium Dioxide Co's Days Inventory falls into.



Cnnc Hua Yuan Titanium Dioxide Co Days Inventory Calculation

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

Cnnc Hua Yuan Titanium Dioxide 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
=( (776.856 + 1005.831) / 2 ) / 4065.421*365
=891.3435 / 4065.421*365
=80.03

Cnnc Hua Yuan Titanium Dioxide 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
=( (1005.831 + 1324.201) / 2 ) / 1188.713*365 / 4
=1165.016 / 1188.713*365 / 4
=89.43

* 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.


Cnnc Hua Yuan Titanium Dioxide Co  (SZSE:002145) 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.

Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide 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.


Cnnc Hua Yuan Titanium Dioxide Co Days Inventory Related Terms

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


Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Business Description

Traded in Other Exchanges
N/A
Address
Number 8 Xingfu Road, Zhangjing Industrial Park, Xibei Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214194
Cnnc Hua Yuan Titanium Dioxide Co Ltd engages in the production, marketing, and service of titanium dioxide powder in China and internationally. Its products are used in the coating, printing ink, décor paper/laminate, and plastic industries.
Executives
Shen Xin Director
Han Yu Chen Secretary, Director
Yuan Qiu Li Directors, executives
Hu Yue Han Director
Mei Ke Chun Directors, executives
Fan Xi Cheng Director
Qiu Bei Directors, executives
You Cui Chun Directors, executives
Hu Jian Long Director
Li Jian Feng Directors, executives
Chen Fu Qiang Director
Wang Xiong Ya Supervisors
Jian Fu Ren Supervisors
Xin Cheng Xiang Supervisors

Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Headlines

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