EHang Holdings (EHang Holdings) Days Inventory : 281.38 (As of Dec. 2023)

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What is EHang Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EHang Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $8.63 Mil. EHang Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.80 Mil. Hence, EHang Holdings's Days Inventory for the three months ended in Dec. 2023 was 281.38.

The historical rank and industry rank for EHang Holdings's Days Inventory or its related term are showing as below:

EH' s Days Inventory Range Over the Past 10 Years
Min: 18.55 Med: 158.85 Max: 1907.4
Current: 582.1

During the past 7 years, EHang Holdings's highest Days Inventory was 1907.40. The lowest was 18.55. And the median was 158.85.

EH's Days Inventory is ranked worse than
94.44% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.905 vs EH: 582.10

EHang Holdings's Days Inventory declined from Dec. 2022 (1,297.59) to Dec. 2023 (281.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. EHang Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.32.

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. EHang Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.09.

EHang Holdings Days Inventory Historical Data

The historical data trend for EHang Holdings'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.

EHang Holdings Days Inventory Chart

EHang Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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81.08

158.85

1,088.73

1,907.40

578.87

EHang Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1,297.59	784.73	1,596.38	617.04	281.38

Competitive Comparison of EHang Holdings's Days Inventory

For the Aerospace & Defense subindustry, EHang Holdings'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.

EHang Holdings's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, EHang Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where EHang Holdings's Days Inventory falls into.

EHang Holdings Days Inventory Calculation

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

EHang Holdings'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
=	( (10.38	+	8.331)	/	2 )	/	5.899	*	365
=	9.3555					/	5.899	*	365
=	578.87

EHang Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.937	+	8.331)	/	2 )	/	2.8	*	365 / 4
=	8.634					/	2.8	*	365 / 4
=	281.38

EHang Holdings (NAS:EH) 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.

EHang Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.8	/	8.634
	=	0.32

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.

EHang Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.634	/	7.928
	=	1.09

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.

EHang Holdings Days Inventory Related Terms

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

EHang Holdings (EHang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » EHang Holdings Ltd (NAS:EH) » Definitions » Days Inventory

Comparable Companies

VSEC RGR DCO SWBI PL CDRE TGI SPCE NPK KAMN RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX

Traded in Other Exchanges

EH:Mexico

Address

No. 29 Bishan boulevard, EHang Technology Park, Floor 11, Building One, Huangpu District, Guangzhou, CHN, 510700

Website

https://www.ehang.com

EHang Holdings Ltd is an autonomous aerial vehicle (AAV) technology platform company. It focuses on making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility industry, it continues to explore the boundaries of the sky to make flying technologies benefit life in smart cities.