Days Inventory is also known as Days Sales of Inventory (DSI). TBEA Co's Average Total Inventories for the
three
months ended in Dec. 2023 was ¥15,610 Mil. TBEA Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ¥19,085 Mil.
Hence, TBEA Co's Days Inventory for the
three
months ended in Dec. 2023 was 74.63.
The historical rank and industry rank for TBEA Co's Days Inventory or its related term are showing as below:
SHSE:600089'
s Days Inventory Range Over the Past 10 Years
Min: 58.36 Med: 99.38 Max: 136.34
Current: 78.4
During the past 13 years, TBEA Co's highest Days Inventory was 136.34. The lowest was 58.36. And the median was 99.38.
SHSE:600089's Days Inventory is ranked better than 74.54% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs SHSE:600089: 78.40
TBEA Co's Days Inventory
declined
from Dec. 2022 (78.26) to Dec. 2023 (74.63).
Inventory Turnover measures how fast the company turns over its inventory within a year.
TBEA Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.22.
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.
TBEA Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.64.
TBEA Co Days Inventory Historical Data
The historical data trend for TBEA 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.
Competitive Comparison of TBEA Co's Days Inventory
For the Electrical Equipment & Parts subindustry, TBEA 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.
TBEA Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, TBEA Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where TBEA Co's Days Inventory falls into.
TBEA Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TBEA 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.
TBEA Co (SHSE:600089) 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.
TBEA 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.
TBEA 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.
TBEA Co Days Inventory Related Terms
Thank you for viewing the detailed overview of TBEA Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.
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