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Hebeiilhero Environmental Protection High-Tech Co (SZSE:300137) Days Inventory : 326.78 (As of Mar. 2024)


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What is Hebeiilhero Environmental Protection High-Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hebeiilhero Environmental Protection High-Tech Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥345.2 Mil. Hebeiilhero Environmental Protection High-Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥96.4 Mil. Hence, Hebeiilhero Environmental Protection High-Tech Co's Days Inventory for the three months ended in Mar. 2024 was 326.78.

The historical rank and industry rank for Hebeiilhero Environmental Protection High-Tech Co's Days Inventory or its related term are showing as below:

SZSE:300137' s Days Inventory Range Over the Past 10 Years
Min: 178.99   Med: 232.72   Max: 250.41
Current: 222.09

During the past 13 years, Hebeiilhero Environmental Protection High-Tech Co's highest Days Inventory was 250.41. The lowest was 178.99. And the median was 232.72.

SZSE:300137's Days Inventory is ranked worse than
79.84% of 2912 companies
in the Industrial Products industry
Industry Median: 120.75 vs SZSE:300137: 222.09

Hebeiilhero Environmental Protection High-Tech Co's Days Inventory increased from Mar. 2023 (222.35) to Mar. 2024 (326.78). It might indicate that Hebeiilhero Environmental Protection High-Tech Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hebeiilhero Environmental Protection High-Tech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.28.

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. Hebeiilhero Environmental Protection High-Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.14.


Hebeiilhero Environmental Protection High-Tech Co Days Inventory Historical Data

The historical data trend for Hebeiilhero Environmental Protection High-Tech 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.

Hebeiilhero Environmental Protection High-Tech Co Days Inventory Chart

Hebeiilhero Environmental Protection High-Tech 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 227.54 199.41 197.12 178.99 205.07

Hebeiilhero Environmental Protection High-Tech 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 222.35 214.11 226.87 174.27 326.78

Competitive Comparison of Hebeiilhero Environmental Protection High-Tech Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Hebeiilhero Environmental Protection High-Tech 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.


Hebeiilhero Environmental Protection High-Tech Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hebeiilhero Environmental Protection High-Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hebeiilhero Environmental Protection High-Tech Co's Days Inventory falls into.



Hebeiilhero Environmental Protection High-Tech Co Days Inventory Calculation

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

Hebeiilhero Environmental Protection High-Tech 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
=( (301.862 + 345.788) / 2 ) / 576.362*365
=323.825 / 576.362*365
=205.07

Hebeiilhero Environmental Protection High-Tech 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
=( (345.788 + 344.566) / 2 ) / 96.387*365 / 4
=345.177 / 96.387*365 / 4
=326.78

* 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.


Hebeiilhero Environmental Protection High-Tech Co  (SZSE:300137) 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.

Hebeiilhero Environmental Protection High-Tech 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.

Hebeiilhero Environmental Protection High-Tech 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.


Hebeiilhero Environmental Protection High-Tech Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hebeiilhero Environmental Protection High-Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Hebeiilhero Environmental Protection High-Tech Co (SZSE:300137) Business Description

Traded in Other Exchanges
N/A
Address
Number 251 Xiangjiang Road, High-tech Development Zone, Hebei, Shijiazhuang, CHN, 050035
Hebei Sailhero Environmental Protection High-Tech Co Ltd researches develop manufactures and sells online and automatic environmental monitoring instruments in China. It offers ambient air monitoring and early warning systems, surface and underground water monitoring systems, drinking water monitoring and early warning systems, acid rain online monitoring systems, and pollution source online monitoring systems, as well as emergency monitoring, decision-making, and command systems.
Executives
Wang Yi Qin Supervisors
Li Yu Guo Director
Fan Chao Directors, executives
Wang Qiang Supervisors
Chen Rong Qiang Directors, executives
Zhang Wen Supervisors
Zhang Hua Supervisors
Zhang Xiang Ji Directors, executives
Ma Yue Chao Supervisors
Xing Jin Sheng Executives

Hebeiilhero Environmental Protection High-Tech Co (SZSE:300137) Headlines

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