China Yongda Automobiles Services Holdings (HKSE:03669) Days Inventory

: 20.13 (As of Dec. 2022)

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Days Inventory is also known as Days Sales of Inventory (DSI). China Yongda Automobiles Services Holdings's Average Total Inventories for the six months ended in Dec. 2022 was HK$4,598 Mil. China Yongda Automobiles Services Holdings's Cost of Goods Sold for the six months ended in Dec. 2022 was HK$41,680 Mil. Hence, China Yongda Automobiles Services Holdings's Days Inventory for the six months ended in Dec. 2022 was 20.13.

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

HKSE:03669' s Days Inventory Range Over the Past 10 Years
Min: 22.73 Med: 40.6 Max: 48.05
Current: 22.98

During the past 12 years, China Yongda Automobiles Services Holdings's highest Days Inventory was 48.05. The lowest was 22.73. And the median was 40.60.

HKSE:03669's Days Inventory is ranked better than
95.06% of 1195 companies
in the Vehicles & Parts industry
Industry Median: 78.61 vs HKSE:03669: 22.98

China Yongda Automobiles Services Holdings's Days Inventory declined from Dec. 2021 (23.43) to Dec. 2022 (20.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Yongda Automobiles Services Holdings's Inventory Turnover for the six months ended in Dec. 2022 was 9.07.

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. China Yongda Automobiles Services Holdings's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.10.

China Yongda Automobiles Services Holdings Days Inventory Historical Data

The historical data trend for China Yongda Automobiles Services 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.

China Yongda Automobiles Services Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

44.45

37.17

29.81

22.73

24.98

China Yongda Automobiles Services Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Inventory																24.39	23.21	23.43	24.89	20.13

Competitive Comparison

For the Auto & Truck Dealerships subindustry, China Yongda Automobiles Services 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.

Annual Data Quarterly Data

China Yongda Automobiles Services Holdings Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, China Yongda Automobiles Services Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Yongda Automobiles Services Holdings's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.

China Yongda Automobiles Services Holdings Days Inventory Calculation

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

China Yongda Automobiles Services Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4944.036	+	5087.072)	/	2 )	/	73295.062	*	365
=	5015.554					/	73295.062	*	365
=	24.98

China Yongda Automobiles Services Holdings's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (4108.581	+	5087.072)	/	2 )	/	41679.854	*	365 / 2
=	4597.8265					/	41679.854	*	365 / 2
=	20.13

China Yongda Automobiles Services Holdings (HKSE:03669) 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.

China Yongda Automobiles Services Holdings's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41679.854	/	4597.8265
	=	9.07

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.

China Yongda Automobiles Services Holdings's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4597.8265	/	45374.649
	=	0.10

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.

China Yongda Automobiles Services Holdings Days Inventory Related Terms

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

China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Yongda Automobiles Services Holdings Ltd (HKSE:03669) » Definitions » Days Inventory

Traded in Other Exchanges

CYYHF:USA 1CY:Germany

Address

299 Ruijin Nan Road, Huangpu District, Shanghai, CHN, 200023

Website

http://www.ydauto.com.cn

China Yongda Automobiles Services Holdings is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company has four segments: new passenger vehicle sales, repair and maintenance services, automobile extension products and services, automobile finance and insurance product agency services, pre-owned vehicles, automobile rental services, and financial leasing and small loan services. The auto sales service sells luxury automobiles like Bentley, BMW, Audi, Lincoln, Infiniti, Porsche, Jaguar Land Rover, AstonMartin, and Cadillac.

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