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Anhui Golden Seed Winery Co (SHSE:600199) Days Inventory : 1,173.86 (As of Sep. 2024)


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What is Anhui Golden Seed Winery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Golden Seed Winery Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,510 Mil. Anhui Golden Seed Winery Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥117 Mil. Hence, Anhui Golden Seed Winery Co's Days Inventory for the three months ended in Sep. 2024 was 1,173.86.

The historical rank and industry rank for Anhui Golden Seed Winery Co's Days Inventory or its related term are showing as below:

SHSE:600199' s Days Inventory Range Over the Past 10 Years
Min: 206.09   Med: 398.84   Max: 788.11
Current: 788.11

During the past 13 years, Anhui Golden Seed Winery Co's highest Days Inventory was 788.11. The lowest was 206.09. And the median was 398.84.

SHSE:600199's Days Inventory is ranked worse than
87.5% of 200 companies
in the Beverages - Alcoholic industry
Industry Median: 149.335 vs SHSE:600199: 788.11

Anhui Golden Seed Winery Co's Days Inventory increased from Sep. 2023 (810.79) to Sep. 2024 (1,173.86). It might indicate that Anhui Golden Seed Winery Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Golden Seed Winery Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.08.

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 Golden Seed Winery Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 10.85.


Anhui Golden Seed Winery Co Days Inventory Historical Data

The historical data trend for Anhui Golden Seed Winery 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 Golden Seed Winery Co Days Inventory Chart

Anhui Golden Seed Winery 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 494.01 439.62 489.05 558.78 581.90

Anhui Golden Seed Winery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 810.79 693.70 579.55 949.81 1,173.86

Competitive Comparison of Anhui Golden Seed Winery Co's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Anhui Golden Seed Winery 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 Golden Seed Winery Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Golden Seed Winery Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Golden Seed Winery Co's Days Inventory falls into.


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Anhui Golden Seed Winery Co Days Inventory Calculation

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

Anhui Golden Seed Winery 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
=( (1328.568 + 1467.431) / 2 ) / 876.904*365
=1397.9995 / 876.904*365
=581.90

Anhui Golden Seed Winery Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1512.954 + 1507.168) / 2 ) / 117.385*365 / 4
=1510.061 / 117.385*365 / 4
=1,173.86

* 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 Golden Seed Winery Co  (SHSE:600199) 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 Golden Seed Winery Co's Inventory Turnover for the three months ended in Sep. 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 Golden Seed Winery Co's Inventory to Revenue for the three months ended in Sep. 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 Golden Seed Winery Co Days Inventory Related Terms

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


Anhui Golden Seed Winery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 302, Hebin Road, Anhui Province, Fuyang, CHN, 236023
Anhui Golden Seed Winery Co Ltd is engaged in the production of liquor, biochemical pharmaceutical products, and packaging materials.
Executives
He Xiu Xia Directors, senior managers
Xu San Neng senior management
Yang Yun senior management
Jin Hao senior management
Yang Hong Wen Directors, senior managers
Jin Biao Directors, senior managers
He Wu Yong senior management
Ning Zhong Wei Director
Suo Bing Xun Director

Anhui Golden Seed Winery Co Headlines

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