Days Inventory is also known as Days Sales of Inventory (DSI). Hesai Group's Average Total Inventories for the
three
months ended in Mar. 2024 was €72.4 Mil. Hesai Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €28.1 Mil.
Hence, Hesai Group's Days Inventory for the
three
months ended in Mar. 2024 was 235.12.
The historical rank and industry rank for Hesai Group's Days Inventory or its related term are showing as below:
FRA:ZN80'
s Days Inventory Range Over the Past 10 Years
Min: 176.83 Med: 248.03 Max: 275.59
Current: 178.83
During the past 5 years, Hesai Group's highest Days Inventory was 275.59. The lowest was 176.83. And the median was 248.03.
FRA:ZN80's Days Inventory is ranked worse than 88.59% of 1253
companies
in the Vehicles & Parts industry
Industry Median: 80.85
vs FRA:ZN80: 178.83
Hesai Group's Days Inventory
increased
from Mar. 2023 (218.63) to Mar. 2024 (235.12).
It might indicate that Hesai Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hesai Group's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.39.
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.
Hesai Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.58.
Hesai Group Days Inventory Historical Data
The historical data trend for Hesai Group'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.
Competitive Comparison of Hesai Group's Days Inventory
For the Auto Parts subindustry, Hesai Group'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.
Hesai Group's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hesai Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hesai Group's Days Inventory falls into.
Hesai Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hesai Group's Days Inventory for the fiscal year that 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.
Hesai Group (FRA:ZN80) 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.
Hesai Group'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.
Hesai Group'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.
Hesai Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Hesai Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.
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