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Sany Heavy Energy Co (SHSE:688349) Days Inventory : 240.41 (As of Mar. 2024)


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What is Sany Heavy Energy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sany Heavy Energy Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,657 Mil. Sany Heavy Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,388 Mil. Hence, Sany Heavy Energy Co's Days Inventory for the three months ended in Mar. 2024 was 240.41.

The historical rank and industry rank for Sany Heavy Energy Co's Days Inventory or its related term are showing as below:

SHSE:688349' s Days Inventory Range Over the Past 10 Years
Min: 61.29   Med: 88.79   Max: 176.05
Current: 93.45

During the past 7 years, Sany Heavy Energy Co's highest Days Inventory was 176.05. The lowest was 61.29. And the median was 88.79.

SHSE:688349's Days Inventory is ranked better than
65.43% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs SHSE:688349: 93.45

Sany Heavy Energy Co's Days Inventory increased from Mar. 2023 (146.30) to Mar. 2024 (240.41). It might indicate that Sany Heavy Energy Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sany Heavy Energy Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

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. Sany Heavy Energy Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.12.


Sany Heavy Energy Co Days Inventory Historical Data

The historical data trend for Sany Heavy Energy 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.

Sany Heavy Energy Co Days Inventory Chart

Sany Heavy Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 151.69 71.61 88.79 61.29 69.54

Sany Heavy Energy Co Quarterly Data
Dec17 Dec18 Dec19 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 146.30 125.71 104.75 49.08 240.41

Competitive Comparison of Sany Heavy Energy Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Sany Heavy Energy 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.


Sany Heavy Energy Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sany Heavy Energy Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sany Heavy Energy Co's Days Inventory falls into.



Sany Heavy Energy Co Days Inventory Calculation

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

Sany Heavy Energy 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
=( (1635.991 + 3086.801) / 2 ) / 12395.168*365
=2361.396 / 12395.168*365
=69.54

Sany Heavy Energy 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
=( (3086.801 + 4227.115) / 2 ) / 1388.05*365 / 4
=3656.958 / 1388.05*365 / 4
=240.41

* 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.


Sany Heavy Energy Co  (SHSE:688349) 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.

Sany Heavy Energy 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.

Sany Heavy Energy 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.


Sany Heavy Energy Co Days Inventory Related Terms

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


Sany Heavy Energy Co (SHSE:688349) Business Description

Traded in Other Exchanges
N/A
Address
Beiqing Road, Sany Industrial Park, Changping District, Beijing, CHN, 102206
Sany Heavy Energy Co Ltd is engaged in the research and development, manufacturing and sales of wind turbines.

Sany Heavy Energy Co (SHSE:688349) Headlines

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