JA Solar Holdings Co (JA Solar Holdings Co) Days Inventory : 62.94 (As of Dec. 2017)

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What is JA Solar Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JA Solar Holdings Co's Average Total Inventories for the three months ended in Dec. 2017 was $521 Mil. JA Solar Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2017 was $755 Mil. Hence, JA Solar Holdings Co's Days Inventory for the three months ended in Dec. 2017 was 62.94.

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

JASO's Days Inventory is not ranked ^*
in the Semiconductors industry.
Industry Median: 130.77
* Ranked among companies with meaningful Days Inventory only.

JA Solar Holdings Co's Days Inventory declined from Dec. 2016 (68.11) to Dec. 2017 (62.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. JA Solar Holdings Co's Inventory Turnover for the three months ended in Dec. 2017 was 1.45.

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. JA Solar Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2017 was 0.61.

JA Solar Holdings Co Days Inventory Historical Data

The historical data trend for JA Solar 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.

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JA Solar Holdings Co Days Inventory Chart

JA Solar Holdings Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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64.05

62.35

58.92

57.59

61.63

JA Solar Holdings Co Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Days Inventory	Get a 7-Day Free Trial															68.11	77.63	48.30	68.22	62.94

Competitive Comparison of JA Solar Holdings Co's Days Inventory

For the Solar subindustry, JA Solar 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.

JA Solar Holdings Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, JA Solar Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where JA Solar Holdings Co's Days Inventory falls into.

JA Solar Holdings Co Days Inventory Calculation

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

JA Solar Holdings Co's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (355.572	+	527.986)	/	2 )	/	2616.353	*	365
=	441.779					/	2616.353	*	365
=	61.63

JA Solar Holdings Co's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

	Days Inventory (Q: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (514.109	+	527.986)	/	2 )	/	755.409	*	365 / 4
=	521.0475					/	755.409	*	365 / 4
=	62.94

JA Solar Holdings Co (NAS:JASO) 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.

JA Solar Holdings Co's Inventory Turnover for the three months ended in Dec. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	755.409	/	521.0475
	=	1.45

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.

JA Solar Holdings Co's Inventory to Revenue for the three months ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	521.0475	/	860.298
	=	0.61

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.

JA Solar Holdings Co Days Inventory Related Terms

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JA Solar Holdings Co (JA Solar Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JA Solar Holdings Co Ltd (NAS:JASO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.jasolar.com

JA Solar Holdings Co Ltd is a holding company. The primary business is to design, develop, manufacture and sell solar power products which convert sunlight into electricity for a variety of uses. The company acts as an integrated manufacturer of PV products and its products include monocrystalline and multicrystalline solar modules and solar cells in a variety of standards and specialties. It operates through two segments namely Manufacturing segment which includes design, development, and manufacture of PV products; and Solar projects segment which includes downstream solar projects. The company sells its products under JA Solar brand.