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China Quanjude (Group) Co (SZSE:002186) Days Inventory : 25.53 (As of Mar. 2024)


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What is China Quanjude (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Quanjude (Group) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥81 Mil. China Quanjude (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥289 Mil. Hence, China Quanjude (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 25.53.

The historical rank and industry rank for China Quanjude (Group) Co's Days Inventory or its related term are showing as below:

SZSE:002186' s Days Inventory Range Over the Past 10 Years
Min: 22.63   Med: 32.41   Max: 47.17
Current: 25.74

During the past 13 years, China Quanjude (Group) Co's highest Days Inventory was 47.17. The lowest was 22.63. And the median was 32.41.

SZSE:002186's Days Inventory is ranked worse than
67.95% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs SZSE:002186: 25.74

China Quanjude (Group) Co's Days Inventory declined from Mar. 2023 (26.57) to Mar. 2024 (25.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Quanjude (Group) Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.57.

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. China Quanjude (Group) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.


China Quanjude (Group) Co Days Inventory Historical Data

The historical data trend for China Quanjude (Group) 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.

China Quanjude (Group) Co Days Inventory Chart

China Quanjude (Group) 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 47.17 30.88 22.63 30.94 24.82

China Quanjude (Group) 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 26.57 26.17 26.30 26.93 25.53

Competitive Comparison of China Quanjude (Group) Co's Days Inventory

For the Restaurants subindustry, China Quanjude (Group) 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.


China Quanjude (Group) Co's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, China Quanjude (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Quanjude (Group) Co's Days Inventory falls into.



China Quanjude (Group) Co Days Inventory Calculation

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

China Quanjude (Group) 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
=( (76.961 + 82.482) / 2 ) / 1172.548*365
=79.7215 / 1172.548*365
=24.82

China Quanjude (Group) 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
=( (82.482 + 78.967) / 2 ) / 288.571*365 / 4
=80.7245 / 288.571*365 / 4
=25.53

* 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.


China Quanjude (Group) Co  (SZSE:002186) 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.

China Quanjude (Group) 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.

China Quanjude (Group) 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.


China Quanjude (Group) Co Days Inventory Related Terms

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


China Quanjude (Group) Co (SZSE:002186) Business Description

Traded in Other Exchanges
N/A
Address
No.217 Qianmenxi River Bank Street, Xuanwu District, Beijing, Beijing, CHN, 100051
China Quanjude (Group) Co Ltd operates in the foodservice industry. The principal business activities of the company include catering service, food processing and sale of food. In addition, the company is engaged in the production and sales of Quanjude vacuum packaging roast duck and duck series cooked food products, lotus leaf cake, sweet noodle sauce and other roast duck accessories for the holiday consumer market.
Executives
Shi Bing Feng Directors, executives
Wang Zhi Qiang Director
Tang Li Xin Executives
Yu Jia Xiang Supervisors
Xing Ying Directors, executives
Xu Jia Executives
Tang Ying Securities Affairs Representative
Ye Xin Nian Executives
Wang Ru Qin Director

China Quanjude (Group) Co (SZSE:002186) Headlines

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