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Shengyuan Environmental Protection Co (SZSE:300867) Days Inventory : 24.88 (As of Mar. 2024)


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What is Shengyuan Environmental Protection Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shengyuan Environmental Protection Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥60 Mil. Shengyuan Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥218 Mil. Hence, Shengyuan Environmental Protection Co's Days Inventory for the three months ended in Mar. 2024 was 24.88.

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

SZSE:300867' s Days Inventory Range Over the Past 10 Years
Min: 6.58   Med: 12.05   Max: 18.76
Current: 18.76

During the past 11 years, Shengyuan Environmental Protection Co's highest Days Inventory was 18.76. The lowest was 6.58. And the median was 12.05.

SZSE:300867's Days Inventory is ranked better than
54.55% of 209 companies
in the Waste Management industry
Industry Median: 22.94 vs SZSE:300867: 18.76

Shengyuan Environmental Protection Co's Days Inventory increased from Mar. 2023 (22.33) to Mar. 2024 (24.88). It might indicate that Shengyuan Environmental Protection Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shengyuan Environmental Protection Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.67.

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. Shengyuan Environmental Protection Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


Shengyuan Environmental Protection Co Days Inventory Historical Data

The historical data trend for Shengyuan Environmental Protection 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.

Shengyuan Environmental Protection Co Days Inventory Chart

Shengyuan Environmental Protection Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 15.52 8.15 15.86 18.38

Shengyuan Environmental Protection 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 22.33 19.73 22.76 12.81 24.88

Competitive Comparison of Shengyuan Environmental Protection Co's Days Inventory

For the Waste Management subindustry, Shengyuan Environmental Protection 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.


Shengyuan Environmental Protection Co's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shengyuan Environmental Protection Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shengyuan Environmental Protection Co's Days Inventory falls into.



Shengyuan Environmental Protection Co Days Inventory Calculation

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

Shengyuan Environmental Protection 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
=( (60.537 + 60.265) / 2 ) / 1199.5*365
=60.401 / 1199.5*365
=18.38

Shengyuan Environmental Protection 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
=( (60.265 + 58.807) / 2 ) / 218.381*365 / 4
=59.536 / 218.381*365 / 4
=24.88

* 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.


Shengyuan Environmental Protection Co  (SZSE:300867) 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.

Shengyuan Environmental Protection 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.

Shengyuan Environmental Protection 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.


Shengyuan Environmental Protection Co Days Inventory Related Terms

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


Shengyuan Environmental Protection Co (SZSE:300867) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Huli Avenue, second floor of Dongdu Road No.104, Northern Commercial Building, Huli District, Fujian Province, Xiamen, CHN
Shengyuan Environmental Protection Co Ltd is a comprehensive management enterprise specializing in garbage incineration power generation, sewage treatment, among others. The company owns garbage incineration power plants in operation, construction and preparation, sewage treatment plants, landfill leachate treatment station, kitchen waste disposal project under way, and the system of collection, transportation and terminal treatment of domestic garbage.
Executives
Cai Yan Bin Supervisors
Zhu Yu Xuan Director
Chen Wen Yu Directors, Directors, and Executives

Shengyuan Environmental Protection Co (SZSE:300867) Headlines

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