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Beijing Shengtong Printing Co (SZSE:002599) Days Inventory : 75.37 (As of Mar. 2024)


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What is Beijing Shengtong Printing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Shengtong Printing Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥340 Mil. Beijing Shengtong Printing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥412 Mil. Hence, Beijing Shengtong Printing Co's Days Inventory for the three months ended in Mar. 2024 was 75.37.

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

SZSE:002599' s Days Inventory Range Over the Past 10 Years
Min: 52.84   Med: 64.66   Max: 103.88
Current: 61.85

During the past 13 years, Beijing Shengtong Printing Co's highest Days Inventory was 103.88. The lowest was 52.84. And the median was 64.66.

SZSE:002599's Days Inventory is ranked worse than
62.9% of 682 companies
in the Business Services industry
Industry Median: 30.305 vs SZSE:002599: 61.85

Beijing Shengtong Printing Co's Days Inventory increased from Mar. 2023 (58.47) to Mar. 2024 (75.37). It might indicate that Beijing Shengtong Printing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Shengtong Printing Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.21.

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. Beijing Shengtong Printing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.70.


Beijing Shengtong Printing Co Days Inventory Historical Data

The historical data trend for Beijing Shengtong Printing 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.

Beijing Shengtong Printing Co Days Inventory Chart

Beijing Shengtong Printing 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 64.86 56.50 52.84 61.82 58.39

Beijing Shengtong Printing 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 58.47 61.40 50.90 56.76 75.37

Competitive Comparison of Beijing Shengtong Printing Co's Days Inventory

For the Specialty Business Services subindustry, Beijing Shengtong Printing 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.


Beijing Shengtong Printing Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Beijing Shengtong Printing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Shengtong Printing Co's Days Inventory falls into.



Beijing Shengtong Printing Co Days Inventory Calculation

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

Beijing Shengtong Printing 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
=( (340.426 + 311.009) / 2 ) / 2035.979*365
=325.7175 / 2035.979*365
=58.39

Beijing Shengtong Printing 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
=( (311.009 + 369.528) / 2 ) / 411.985*365 / 4
=340.2685 / 411.985*365 / 4
=75.37

* 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.


Beijing Shengtong Printing Co  (SZSE:002599) 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.

Beijing Shengtong Printing 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.

Beijing Shengtong Printing 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.


Beijing Shengtong Printing Co Days Inventory Related Terms

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


Beijing Shengtong Printing Co (SZSE:002599) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jinghai 3rd Road, Beijing Economic and Technological Development Zone, Beijing, CHN, 100176
Beijing Shengtong Printing Co Ltd is a Chinese company that provides full-color magazines, high-volume business propaganda materials, color printing and comprehensive printing services.
Executives
Li Yan Qiu Directors, executives
Tang Wu Director
Cai Jian Jun Director
Tang Zheng Jun Directors, executives
Hou Jing Gang Directors, executives
Jia Chun Lin Director
Li Qing Qi Director
Xiao Wei Secretary Dong
Jia Xi Executives
Liang Ling Ling Director
Yin Qing Yun Supervisors

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