Guangdong Electric Power Development Co (SZSE:000539) Days Inventory : 23.91 (As of Mar. 2024)

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What is Guangdong Electric Power Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Electric Power Development Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,977 Mil. Guangdong Electric Power Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11,362 Mil. Hence, Guangdong Electric Power Development Co's Days Inventory for the three months ended in Mar. 2024 was 23.91.

The historical rank and industry rank for Guangdong Electric Power Development Co's Days Inventory or its related term are showing as below:

SZSE:000539' s Days Inventory Range Over the Past 10 Years
Min: 18.25 Med: 23.91 Max: 29.89
Current: 24.38

During the past 13 years, Guangdong Electric Power Development Co's highest Days Inventory was 29.89. The lowest was 18.25. And the median was 23.91.

SZSE:000539's Days Inventory is ranked better than
58.05% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs SZSE:000539: 24.38

Guangdong Electric Power Development Co's Days Inventory increased from Mar. 2023 (23.80) to Mar. 2024 (23.91). It might indicate that Guangdong Electric Power Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Electric Power Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.82.

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. Guangdong Electric Power Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.

Guangdong Electric Power Development Co Days Inventory Historical Data

The historical data trend for Guangdong Electric Power Development 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.

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Guangdong Electric Power Development Co Days Inventory Chart

Guangdong Electric Power Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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24.59

23.98

18.25

22.02

21.60

Guangdong Electric Power Development 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															23.80	23.39	26.87	25.00	23.91

Competitive Comparison of Guangdong Electric Power Development Co's Days Inventory

For the Utilities - Renewable subindustry, Guangdong Electric Power Development 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.

Guangdong Electric Power Development Co's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Guangdong Electric Power Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Electric Power Development Co's Days Inventory falls into.

Guangdong Electric Power Development Co Days Inventory Calculation

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

Guangdong Electric Power Development 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
=	( (3376.868	+	2655.505)	/	2 )	/	50970.998	*	365
=	3016.1865					/	50970.998	*	365
=	21.60

Guangdong Electric Power Development 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
=	( (2655.505	+	3297.965)	/	2 )	/	11362.124	*	365 / 4
=	2976.735					/	11362.124	*	365 / 4
=	23.91

Guangdong Electric Power Development Co (SZSE:000539) 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.

Guangdong Electric Power Development Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11362.124	/	2976.735
	=	3.82

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.

Guangdong Electric Power Development Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2976.735	/	12789.41
	=	0.23

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.

Guangdong Electric Power Development Co Days Inventory Related Terms

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

Guangdong Electric Power Development Co (SZSE:000539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Electric Power Development Co Ltd (SZSE:000539) » Definitions » Days Inventory

Traded in Other Exchanges

200539:China

Address

No. 2 Tianhe Road East, 33rd-36th Floor, South Tower, Yudean Plaza, Guangdong Province, Guangzhou, CHN, 510630

Website

http://www.ged.com.cn

Guangdong Electric Power Development Co Ltd is a Chinese company which is engaged in the business of investment, construction, and management of electric power projects. It is also involved in the clean energy projects like LNG power generation, wind power generation and hydropower generation. The company focuses on coal-burning power generation through the development, construction, and operation of the large-scale coal-burning power generating plants. It earns its revenue primarily from power production and sales. Most of its revenue is generated from Guangdong Province, China.

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