What is Zhuzhou CRRC Times Electric Co Days Inventory?
Days Inventory is also known as Days Sales of Inventory (DSI). Zhuzhou CRRC Times Electric Co's Average Total Inventories for the
three
months ended in Dec. 2023 was HK$5,953 Mil. Zhuzhou CRRC Times Electric Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was HK$0 Mil.
The historical rank and industry rank for Zhuzhou CRRC Times Electric Co's Days Inventory or its related term are showing as below:
HKSE:03898'
s Days Inventory Range Over the Past 10 Years
Min: 84.86 Med: 129.34 Max: 254.48
Current: 254.48
During the past 13 years, Zhuzhou CRRC Times Electric Co's highest Days Inventory was 254.48. The lowest was 84.86. And the median was 129.34.
HKSE:03898's Days Inventory is ranked worse than 97.56% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs HKSE:03898: 254.48
Zhuzhou CRRC Times Electric Co's Days Inventory
declined
from Sep. 2022 (195.77) to Dec. 2023 (0.00).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhuzhou CRRC Times Electric Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.00.
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.
Zhuzhou CRRC Times Electric Co Days Inventory Historical Data
The historical data trend for Zhuzhou CRRC Times Electric 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.
Zhuzhou CRRC Times Electric Co Days Inventory Chart
Competitive Comparison of Zhuzhou CRRC Times Electric Co's Days Inventory
For the Railroads subindustry, Zhuzhou CRRC Times Electric 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.
Zhuzhou CRRC Times Electric Co's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Zhuzhou CRRC Times Electric Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zhuzhou CRRC Times Electric Co's Days Inventory falls into.
Zhuzhou CRRC Times Electric Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Zhuzhou CRRC Times Electric Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Zhuzhou CRRC Times Electric Co (HKSE:03898) 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.
Zhuzhou CRRC Times Electric Co's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Zhuzhou CRRC Times Electric Co's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Zhuzhou CRRC Times Electric Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Zhuzhou CRRC Times Electric Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhuzhou CRRC Times Electric Co (HKSE:03898) Business Description
Zhuzhou CRRC Times Electric Co Ltd is a China-based company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The Company is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment. The Company operates in the domestic market and overseas markets.
Zhuzhou CRRC Times Electric Co (HKSE:03898) Headlines
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