Haier Electronics Group Co (Haier Electronics Group Co) Days Inventory : 57.56 (As of Jun. 2020)

Haier Electronics Group Co Days Inventory Chart

Haier Electronics Group Co Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Days Inventory		Get a 7-Day Free Trial					28.40	34.25	37.54	52.77	58.15

Haier Electronics Group Co Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Days Inventory	Get a 7-Day Free Trial															45.68	67.37	48.66	52.07	57.56

Competitive Comparison of Haier Electronics Group Co's Days Inventory

For the Consumer Electronics subindustry, Haier Electronics 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.

Haier Electronics Group Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Haier Electronics Group Co's Days Inventory distribution charts can be found below:

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

Haier Electronics Group Co Days Inventory Calculation

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

Haier Electronics Group Co's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Haier Electronics Group Co's Days Inventory for the quarter that ended in Jun. 2020 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.

Haier Electronics Group Co  (OTCPK:HRELF) 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.

Haier Electronics Group Co's Inventory Turnover for the six months ended in Jun. 2020 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.

Haier Electronics Group Co's Inventory to Revenue for the six months ended in Jun. 2020 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.

Haier Electronics Group Co Days Inventory Related Terms

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Haier Electronics Group Co (Haier Electronics Group Co) Business Description