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Zhuhai Cosmx Battery Co (SHSE:688772) Days Inventory : 90.86 (As of Mar. 2024)


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What is Zhuhai Cosmx Battery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhuhai Cosmx Battery Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,912 Mil. Zhuhai Cosmx Battery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,920 Mil. Hence, Zhuhai Cosmx Battery Co's Days Inventory for the three months ended in Mar. 2024 was 90.86.

The historical rank and industry rank for Zhuhai Cosmx Battery Co's Days Inventory or its related term are showing as below:

SHSE:688772' s Days Inventory Range Over the Past 10 Years
Min: 66.58   Med: 80.19   Max: 117.51
Current: 82.95

During the past 7 years, Zhuhai Cosmx Battery Co's highest Days Inventory was 117.51. The lowest was 66.58. And the median was 80.19.

SHSE:688772's Days Inventory is ranked better than
71.46% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs SHSE:688772: 82.95

Zhuhai Cosmx Battery Co's Days Inventory declined from Mar. 2023 (96.14) to Mar. 2024 (90.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuhai Cosmx Battery Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.

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. Zhuhai Cosmx Battery Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.75.


Zhuhai Cosmx Battery Co Days Inventory Historical Data

The historical data trend for Zhuhai Cosmx Battery 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.

Zhuhai Cosmx Battery Co Days Inventory Chart

Zhuhai Cosmx Battery Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 72.92 66.58 80.19 88.02 85.19

Zhuhai Cosmx Battery 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 96.14 75.98 80.80 85.26 90.86

Competitive Comparison of Zhuhai Cosmx Battery Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Zhuhai Cosmx Battery 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.


Zhuhai Cosmx Battery Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhuhai Cosmx Battery Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhuhai Cosmx Battery Co's Days Inventory falls into.



Zhuhai Cosmx Battery Co Days Inventory Calculation

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

Zhuhai Cosmx Battery 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
=( (2046.99 + 1950.776) / 2 ) / 8564.229*365
=1998.883 / 8564.229*365
=85.19

Zhuhai Cosmx Battery 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
=( (1950.776 + 1873.593) / 2 ) / 1920.386*365 / 4
=1912.1845 / 1920.386*365 / 4
=90.86

* 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.


Zhuhai Cosmx Battery Co  (SHSE:688772) 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.

Zhuhai Cosmx Battery 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.

Zhuhai Cosmx Battery 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.


Zhuhai Cosmx Battery Co Days Inventory Related Terms

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


Zhuhai Cosmx Battery Co (SHSE:688772) Business Description

Traded in Other Exchanges
N/A
Address
No. 209, Zhufeng Avenue, Jing'an Town, Doumen District, Guangdong Province, Zhuhai, CHN, 519100
Zhuhai Cosmx Battery Co Ltd is engaged in the research and development, production and sales of consumer polymer soft-pack lithium-ion batteries.
Executives
Peng Ning Core technical personnel

Zhuhai Cosmx Battery Co (SHSE:688772) Headlines

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