GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hunan Silver Co Ltd (SZSE:002716) » Definitions » Days Inventory

Hunan Silver Co (SZSE:002716) Days Inventory : 89.43 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hunan Silver Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hunan Silver Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,538 Mil. Hunan Silver Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,569 Mil. Hence, Hunan Silver Co's Days Inventory for the three months ended in Mar. 2024 was 89.43.

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

SZSE:002716' s Days Inventory Range Over the Past 10 Years
Min: 91.83   Med: 164.06   Max: 308.58
Current: 91.83

During the past 13 years, Hunan Silver Co's highest Days Inventory was 308.58. The lowest was 91.83. And the median was 164.06.

SZSE:002716's Days Inventory is ranked worse than
51.29% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs SZSE:002716: 91.83

Hunan Silver Co's Days Inventory declined from Mar. 2023 (101.68) to Mar. 2024 (89.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hunan Silver 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. Hunan Silver Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.97.


Hunan Silver Co Days Inventory Historical Data

The historical data trend for Hunan Silver 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.

Hunan Silver Co Days Inventory Chart

Hunan Silver 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 188.28 308.58 138.87 128.40 103.17

Hunan Silver 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 101.68 133.16 86.65 84.22 89.43

Competitive Comparison of Hunan Silver Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Hunan Silver 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.


Hunan Silver Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hunan Silver Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hunan Silver Co's Days Inventory falls into.



Hunan Silver Co Days Inventory Calculation

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

Hunan Silver 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
=( (1169.785 + 1685.601) / 2 ) / 5050.973*365
=1427.693 / 5050.973*365
=103.17

Hunan Silver 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
=( (1685.601 + 1389.511) / 2 ) / 1568.826*365 / 4
=1537.556 / 1568.826*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.


Hunan Silver Co  (SZSE:002716) 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.

Hunan Silver 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.

Hunan Silver 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.


Hunan Silver Co Days Inventory Related Terms

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


Hunan Silver Co (SZSE:002716) Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Nanling Avenue, Jingui Building, Beihu District, Hunan Province, Chenzhou, CHN
Chenzhou City Jingui Silver Industry Co Ltd is a Chinese company engaged in the production and operation of silver and deep processing of silver. The company has the silver smelting and deep processing technology through which it produces silver products and other metals. The company offers silver nitrate, tellurium, gold, indium, copper, bismuth, antimony ingot, zinc and lead ingots.

Hunan Silver Co (SZSE:002716) Headlines

No Headlines