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PNC Process Systems Co (SHSE:603690) Days Inventory : 477.97 (As of Mar. 2024)


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What is PNC Process Systems Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PNC Process Systems Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,813 Mil. PNC Process Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥537 Mil. Hence, PNC Process Systems Co's Days Inventory for the three months ended in Mar. 2024 was 477.97.

The historical rank and industry rank for PNC Process Systems Co's Days Inventory or its related term are showing as below:

SHSE:603690' s Days Inventory Range Over the Past 10 Years
Min: 215.21   Med: 267.45   Max: 448.96
Current: 448.96

During the past 13 years, PNC Process Systems Co's highest Days Inventory was 448.96. The lowest was 215.21. And the median was 267.45.

SHSE:603690's Days Inventory is ranked worse than
95.98% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs SHSE:603690: 448.96

PNC Process Systems Co's Days Inventory increased from Mar. 2023 (332.28) to Mar. 2024 (477.97). It might indicate that PNC Process Systems 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. PNC Process Systems Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.19.

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. PNC Process Systems Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.47.


PNC Process Systems Co Days Inventory Historical Data

The historical data trend for PNC Process Systems 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.

PNC Process Systems Co Days Inventory Chart

PNC Process Systems 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 295.50 295.45 271.36 267.38 381.11

PNC Process Systems Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 332.28 456.42 513.46 383.70 477.97

Competitive Comparison of PNC Process Systems Co's Days Inventory

For the Specialty Industrial Machinery subindustry, PNC Process Systems 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.


PNC Process Systems Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PNC Process Systems Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where PNC Process Systems Co's Days Inventory falls into.



PNC Process Systems Co Days Inventory Calculation

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

PNC Process Systems 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
=( (1704.929 + 2650.359) / 2 ) / 2085.608*365
=2177.644 / 2085.608*365
=381.11

PNC Process Systems Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2650.359 + 2974.818) / 2 ) / 536.955*365 / 4
=2812.5885 / 536.955*365 / 4
=477.97

* 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.


PNC Process Systems Co  (SHSE:603690) 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.

PNC Process Systems Co'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.

PNC Process Systems Co'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.


PNC Process Systems Co Days Inventory Related Terms

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


PNC Process Systems Co (SHSE:603690) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241
PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.

PNC Process Systems Co (SHSE:603690) Headlines

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