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XNYIF (Xinyi Solar Holdings) Days Inventory : 55.59 (As of Dec. 2024)


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What is Xinyi Solar Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xinyi Solar Holdings's Average Total Inventories for the six months ended in Dec. 2024 was $410 Mil. Xinyi Solar Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was $1,347 Mil. Hence, Xinyi Solar Holdings's Days Inventory for the six months ended in Dec. 2024 was 55.59.

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

XNYIF' s Days Inventory Range Over the Past 10 Years
Min: 19.86   Med: 33.64   Max: 56.08
Current: 52.23

During the past 13 years, Xinyi Solar Holdings's highest Days Inventory was 56.08. The lowest was 19.86. And the median was 33.64.

XNYIF's Days Inventory is ranked better than
81.76% of 965 companies
in the Semiconductors industry
Industry Median: 117.85 vs XNYIF: 52.23

Xinyi Solar Holdings's Days Inventory increased from Dec. 2023 (38.76) to Dec. 2024 (55.59). It might indicate that Xinyi Solar Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xinyi Solar Holdings's Inventory Turnover for the six months ended in Dec. 2024 was 3.28.

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. Xinyi Solar Holdings's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.30.


Xinyi Solar Holdings Days Inventory Historical Data

The historical data trend for Xinyi Solar 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.

Xinyi Solar Holdings Days Inventory Chart

Xinyi Solar Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.18 56.17 52.38 38.90 47.54

Xinyi Solar Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.23 39.09 38.76 53.37 55.59

Competitive Comparison of Xinyi Solar Holdings's Days Inventory

For the Solar subindustry, Xinyi Solar 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.


Xinyi Solar Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Days Inventory distribution charts can be found below:

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


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Xinyi Solar Holdings Days Inventory Calculation

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

Xinyi Solar Holdings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (267.787 + 392.275) / 2 ) / 2533.864*365
=330.031 / 2533.864*365
=47.54

Xinyi Solar Holdings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (428.628 + 392.275) / 2 ) / 1347.424*365 / 2
=410.4515 / 1347.424*365 / 2
=55.59

* 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.


Xinyi Solar Holdings  (OTCPK:XNYIF) 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.

Xinyi Solar Holdings's Inventory Turnover for the six months ended in Dec. 2024 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.

Xinyi Solar Holdings's Inventory to Revenue for the six months ended in Dec. 2024 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.


Xinyi Solar Holdings Days Inventory Related Terms

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


Xinyi Solar Holdings Business Description

Traded in Other Exchanges
Address
2 Xinyi Road, Xinyi PV Glass Industrial Zone, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241007
Xinyi Solar Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the production and sale of solar glass products and the development and operation of solar farms. The company's operating segments include sales of solar glass and solar farm business, which includes solar farm development and solar power generation. A majority of its revenue is generated from the sales of solar glass. Geographically, it derives maximum revenue from Mainland China, followed by other areas in Asia, North America and Europe, and other regions.

Xinyi Solar Holdings Headlines

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