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Anhui Fuhuang Steel Structure Co (SZSE:002743) Days Inventory : 60.14 (As of Mar. 2024)


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What is Anhui Fuhuang Steel Structure Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Fuhuang Steel Structure Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥521 Mil. Anhui Fuhuang Steel Structure Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥791 Mil. Hence, Anhui Fuhuang Steel Structure Co's Days Inventory for the three months ended in Mar. 2024 was 60.14.

The historical rank and industry rank for Anhui Fuhuang Steel Structure Co's Days Inventory or its related term are showing as below:

SZSE:002743' s Days Inventory Range Over the Past 10 Years
Min: 33.72   Med: 171.88   Max: 321.76
Current: 49.2

During the past 13 years, Anhui Fuhuang Steel Structure Co's highest Days Inventory was 321.76. The lowest was 33.72. And the median was 171.88.

SZSE:002743's Days Inventory is ranked better than
76.87% of 575 companies
in the Steel industry
Industry Median: 85.74 vs SZSE:002743: 49.20

Anhui Fuhuang Steel Structure Co's Days Inventory increased from Mar. 2023 (42.34) to Mar. 2024 (60.14). It might indicate that Anhui Fuhuang Steel Structure Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Fuhuang Steel Structure Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.52.

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. Anhui Fuhuang Steel Structure Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Anhui Fuhuang Steel Structure Co Days Inventory Historical Data

The historical data trend for Anhui Fuhuang Steel Structure 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.

Anhui Fuhuang Steel Structure Co Days Inventory Chart

Anhui Fuhuang Steel Structure 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 142.82 50.41 33.72 41.05 46.17

Anhui Fuhuang Steel Structure 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 42.34 34.84 48.84 55.28 60.14

Competitive Comparison of Anhui Fuhuang Steel Structure Co's Days Inventory

For the Steel subindustry, Anhui Fuhuang Steel Structure 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.


Anhui Fuhuang Steel Structure Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Anhui Fuhuang Steel Structure Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Fuhuang Steel Structure Co's Days Inventory falls into.



Anhui Fuhuang Steel Structure Co Days Inventory Calculation

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

Anhui Fuhuang Steel Structure 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
=( (498.993 + 492.797) / 2 ) / 3919.957*365
=495.895 / 3919.957*365
=46.17

Anhui Fuhuang Steel Structure 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
=( (492.797 + 549.427) / 2 ) / 790.68*365 / 4
=521.112 / 790.68*365 / 4
=60.14

* 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.


Anhui Fuhuang Steel Structure Co  (SZSE:002743) 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.

Anhui Fuhuang Steel Structure 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.

Anhui Fuhuang Steel Structure 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.


Anhui Fuhuang Steel Structure Co Days Inventory Related Terms

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


Anhui Fuhuang Steel Structure Co (SZSE:002743) Business Description

Traded in Other Exchanges
N/A
Address
Huanglu Town of Chaohu Fuhuang Industrial Park, Anhui, CHN, 238076
Anhui Fuhuang Steel Structure Co Ltd is engaged in the design, manufacture, installation and contracting of a set of the steel structure. It also includes assembly-type building industrialization, heavy-duty construction steel structure, heavy-duty special steel structure, light steel structure, aesthetic wood customization, high-speed visual perception and high-end door and window product serialization development.

Anhui Fuhuang Steel Structure Co (SZSE:002743) Headlines

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