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China Resources Power Holdings Co (China Resources Power Holdings Co) Days Inventory

: 31.83 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). China Resources Power Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was $630 Mil. China Resources Power Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,613 Mil. Hence, China Resources Power Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 31.83.

The historical rank and industry rank for China Resources Power Holdings Co's Days Inventory or its related term are showing as below:

CRPJY' s Days Inventory Range Over the Past 10 Years
Min: 27.06   Med: 30.76   Max: 36.65
Current: 30.29

During the past 13 years, China Resources Power Holdings Co's highest Days Inventory was 36.65. The lowest was 27.06. And the median was 30.76.

CRPJY's Days Inventory is ranked better than
50.93% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.105 vs CRPJY: 30.29

China Resources Power Holdings Co's Days Inventory increased from Dec. 2022 (24.69) to Dec. 2023 (31.83). It might indicate that China Resources Power Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Power Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 5.73.

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. China Resources Power Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.09.


China Resources Power Holdings Co Days Inventory Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.48 31.03 28.34 30.35 27.10

China Resources Power Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 24.26 32.46 24.69 32.02 31.83

Competitive Comparison

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.


China Resources Power Holdings Co Days Inventory Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Days Inventory falls into.



China Resources Power Holdings Co Days Inventory Calculation

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

China Resources Power Holdings 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
=( (588.488 + 514.347) / 2 ) / 7426.168*365
=551.4175 / 7426.168*365
=27.10

China Resources Power Holdings Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (745.686 + 514.347) / 2 ) / 3612.797*365 / 2
=630.0165 / 3612.797*365 / 2
=31.83

* 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.


China Resources Power Holdings Co  (OTCPK:CRPJY) 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.

China Resources Power Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 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.

China Resources Power Holdings Co's Inventory to Revenue for the six months ended in Dec. 2023 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.


China Resources Power Holdings Co Days Inventory Related Terms

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


China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines