Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Days Inventory : 237.22 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Zoomlion Heavy Industry Science and Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zoomlion Heavy Industry Science and Technology Co's Average Total Inventories for the three months ended in Dec. 2023 was $3,077 Mil. Zoomlion Heavy Industry Science and Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,184 Mil. Hence, Zoomlion Heavy Industry Science and Technology Co's Days Inventory for the three months ended in Dec. 2023 was 237.22.

The historical rank and industry rank for Zoomlion Heavy Industry Science and Technology Co's Days Inventory or its related term are showing as below:

ZLIOF' s Days Inventory Range Over the Past 10 Years
Min: 100.2 Med: 174.02 Max: 321.47
Current: 212.69

During the past 13 years, Zoomlion Heavy Industry Science and Technology Co's highest Days Inventory was 321.47. The lowest was 100.20. And the median was 174.02.

ZLIOF's Days Inventory is ranked worse than
78.43% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48 vs ZLIOF: 212.69

Zoomlion Heavy Industry Science and Technology Co's Days Inventory increased from Dec. 2022 (167.36) to Dec. 2023 (237.22). It might indicate that Zoomlion Heavy Industry Science and Technology Co's sales slowed down.

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. Zoomlion Heavy Industry Science and Technology Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.38.

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. Zoomlion Heavy Industry Science and Technology Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.90.

Zoomlion Heavy Industry Science and Technology Co Days Inventory Historical Data

The historical data trend for Zoomlion Heavy Industry Science and 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.

* Premium members only.

Zoomlion Heavy Industry Science and Technology Co Days Inventory Chart

Zoomlion Heavy Industry Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

129.45

100.60

98.84

162.52

198.23

Zoomlion Heavy Industry Science and Technology Co 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															167.36	199.83	195.60	239.21	237.22

Competitive Comparison of Zoomlion Heavy Industry Science and Technology Co's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and 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.

Zoomlion Heavy Industry Science and Technology Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Days Inventory falls into.

Zoomlion Heavy Industry Science and Technology Co Days Inventory Calculation

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

Zoomlion Heavy Industry Science and 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
=	( (2037.186	+	3151.663)	/	2 )	/	4777.083	*	365
=	2594.4245					/	4777.083	*	365
=	198.23

Zoomlion Heavy Industry Science and Technology Co'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
=	( (3003.241	+	3151.663)	/	2 )	/	1183.777	*	365 / 4
=	3077.452					/	1183.777	*	365 / 4
=	237.22

Zoomlion Heavy Industry Science and Technology Co (OTCPK:ZLIOF) 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.

Zoomlion Heavy Industry Science and Technology Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1183.777	/	3077.452
	=	0.38

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.

Zoomlion Heavy Industry Science and Technology Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3077.452	/	1619.103
	=	1.90

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.

Zoomlion Heavy Industry Science and Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Zoomlion Heavy Industry Science and Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zoomlion Heavy Industry Science and Technology Co Ltd (OTCPK:ZLIOF) » Definitions » Days Inventory

Traded in Other Exchanges

ZLIOY:USA 01157:Hong Kong 8CZ:Germany 000157:China

Address

No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013

Website

https://www.zoomlion.com

Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.