Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Days Inventory : 191.62 (As of Mar. 2024)

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What is Jiangsu Wuyang Automation Control Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Wuyang Automation Control Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥334 Mil. Jiangsu Wuyang Automation Control Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥159 Mil. Hence, Jiangsu Wuyang Automation Control Technology Co's Days Inventory for the three months ended in Mar. 2024 was 191.62.

The historical rank and industry rank for Jiangsu Wuyang Automation Control Technology Co's Days Inventory or its related term are showing as below:

SZSE:300420' s Days Inventory Range Over the Past 10 Years
Min: 138.2 Med: 163.55 Max: 356.61
Current: 147.98

During the past 13 years, Jiangsu Wuyang Automation Control Technology Co's highest Days Inventory was 356.61. The lowest was 138.20. And the median was 163.55.

SZSE:300420's Days Inventory is ranked worse than
77.56% of 450 companies
in the Conglomerates industry
Industry Median: 75.05 vs SZSE:300420: 147.98

Jiangsu Wuyang Automation Control Technology Co's Days Inventory declined from Mar. 2023 (283.31) to Mar. 2024 (191.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Wuyang Automation Control Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Jiangsu Wuyang Automation Control Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.51.

Jiangsu Wuyang Automation Control Technology Co Days Inventory Historical Data

The historical data trend for Jiangsu Wuyang Automation Control Technology 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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Jiangsu Wuyang Automation Control Technology Co Days Inventory Chart

Jiangsu Wuyang Automation Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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159.13

170.00

172.47

187.32

149.81

Jiangsu Wuyang Automation Control Technology 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															283.31	145.14	161.62	111.75	191.62

Competitive Comparison of Jiangsu Wuyang Automation Control Technology Co's Days Inventory

For the Conglomerates subindustry, Jiangsu Wuyang Automation Control Technology 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.

Jiangsu Wuyang Automation Control Technology Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Wuyang Automation Control Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Wuyang Automation Control Technology Co's Days Inventory falls into.

Jiangsu Wuyang Automation Control Technology Co Days Inventory Calculation

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

Jiangsu Wuyang Automation Control Technology 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
=	( (485.067	+	319.38)	/	2 )	/	979.959	*	365
=	402.2235					/	979.959	*	365
=	149.81

Jiangsu Wuyang Automation Control Technology 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
=	( (319.38	+	347.994)	/	2 )	/	158.902	*	365 / 4
=	333.687					/	158.902	*	365 / 4
=	191.62

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) 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.

Jiangsu Wuyang Automation Control Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	158.902	/	333.687
	=	0.48

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.

Jiangsu Wuyang Automation Control Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	333.687	/	221.494
	=	1.51

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.

Jiangsu Wuyang Automation Control Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Jiangsu Wuyang Automation Control Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jiangsu Wuyang Automation Control Technology Co Ltd (SZSE:300420) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

East of Yinshan Road, Zhujiang North Road, Tongshan New District, Xuzhou, CHN, 221116

Website

http://www.wuyangkeji.com

Jiangsu Wuyang Parking Industry Group Co Ltd is a conglomerate. Its main business covers intelligent garage, automated production line, three-dimensional storage, mine safety equipment, unmanned ships, financial services, six major sections, with Wuyang, Flextronics two brands, under the jurisdiction of Xuzhou, Shenzhen, Hefei and other bases. Based on industrial control technology, the company focuses on the Research and Development, design, production, and sales of automation equipment. It also has a smart garage business.

Executives

Hou You Fu	Director
Zhang Ye	Supervisors
Hu Yun Gao	Directors, executives
Cai Min	Director
Sun Jin Ming	Directors, executives
Liu Long Bao	Director
Tong Min	Director
Zhang Li Yong	Directors, executives
Wang Chong Gui	Independent director
Du Jin Feng	Director

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) Headlines

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