GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hanjia Design Group Co Ltd (SZSE:300746) » Definitions » Days Inventory

Hanjia Design Group Co (SZSE:300746) Days Inventory : 0.66 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Hanjia Design Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hanjia Design Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1 Mil. Hanjia Design Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥152 Mil. Hence, Hanjia Design Group Co's Days Inventory for the three months ended in Mar. 2024 was 0.66.

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

SZSE:300746' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 0.2   Max: 0.59
Current: 0.22

During the past 13 years, Hanjia Design Group Co's highest Days Inventory was 0.59. The lowest was 0.03. And the median was 0.20.

SZSE:300746's Days Inventory is ranked better than
98.35% of 1390 companies
in the Construction industry
Industry Median: 48.575 vs SZSE:300746: 0.22

Hanjia Design Group Co's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (0.66). It might indicate that Hanjia Design Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanjia Design Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 138.54.

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. Hanjia Design Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Hanjia Design Group Co Days Inventory Historical Data

The historical data trend for Hanjia Design 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.

Hanjia Design Group Co Days Inventory Chart

Hanjia Design 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 0.11 0.03 - - 0.20

Hanjia Design 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 - - - 0.13 0.66

Competitive Comparison of Hanjia Design Group Co's Days Inventory

For the Engineering & Construction subindustry, Hanjia Design 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.


Hanjia Design Group Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hanjia Design Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hanjia Design Group Co's Days Inventory falls into.



Hanjia Design Group Co Days Inventory Calculation

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

Hanjia Design 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
=( (0 + 1.098) / 1 ) / 1985.384*365
=1.098 / 1985.384*365
=0.20

Hanjia Design 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
=( (1.098 + 1.098) / 2 ) / 152.113*365 / 4
=1.098 / 152.113*365 / 4
=0.66

* 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.


Hanjia Design Group Co  (SZSE:300746) 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.

Hanjia Design 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.

Hanjia Design 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.


Hanjia Design Group Co Days Inventory Related Terms

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


Hanjia Design Group Co (SZSE:300746) Business Description

Traded in Other Exchanges
N/A
Address
501 Hushu South Road, Dishan Business Building, Zhejiang Province, Hangzhou, CHN, 310005
Hanjia Design Group Co Ltd is an architectural designing and engineering company. The company is engaged in the business development and development in related fields such as architectural design and decorative landscape municipal design.
Executives
Gao Zhong Jian Director
Ye Jun Directors, executives
Gu Peng Directors, executives
Yang Xiao Jun Directors, executives
Li Hu Juan Director

Hanjia Design Group Co (SZSE:300746) Headlines

No Headlines