Anhui Jianghuai Automobile Group Co (SHSE:600418) Days Inventory

: 44.08 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Jianghuai Automobile Group Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥4,969 Mil. Anhui Jianghuai Automobile Group Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥10,287 Mil. Hence, Anhui Jianghuai Automobile Group Co's Days Inventory for the three months ended in Sep. 2023 was 44.08.

The historical rank and industry rank for Anhui Jianghuai Automobile Group Co's Days Inventory or its related term are showing as below:

SHSE:600418' s Days Inventory Range Over the Past 10 Years
Min: 14.74 Med: 18.28 Max: 40.11
Current: 40.11

During the past 13 years, Anhui Jianghuai Automobile Group Co's highest Days Inventory was 40.11. The lowest was 14.74. And the median was 18.28.

SHSE:600418's Days Inventory is ranked better than
84.39% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.885 vs SHSE:600418: 40.11

Anhui Jianghuai Automobile Group Co's Days Inventory increased from Sep. 2022 (28.21) to Sep. 2023 (44.08). It might indicate that Anhui Jianghuai Automobile Group 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. Anhui Jianghuai Automobile Group Co's Inventory Turnover for the three months ended in Sep. 2023 was 2.07.

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. Anhui Jianghuai Automobile Group Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.43.

Anhui Jianghuai Automobile Group Co Days Inventory Historical Data

The historical data trend for Anhui Jianghuai Automobile Group 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.

Anhui Jianghuai Automobile Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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14.74

21.01

21.91

22.34

32.80

Anhui Jianghuai Automobile Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															28.21	36.16	38.44	44.69	44.08

Competitive Comparison

For the Auto Manufacturers subindustry, Anhui Jianghuai Automobile Group 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.

Anhui Jianghuai Automobile Group Co Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Jianghuai Automobile Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Jianghuai Automobile Group Co's Days Inventory falls into.

Anhui Jianghuai Automobile Group Co Days Inventory Calculation

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

Anhui Jianghuai Automobile Group Co'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
=	( (2618.211	+	3388.32)	/	2 )	/	33420.479	*	365
=	3003.2655					/	33420.479	*	365
=	32.80

Anhui Jianghuai Automobile Group Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (5387.429	+	4550.856)	/	2 )	/	10287.332	*	365 / 4
=	4969.1425					/	10287.332	*	365 / 4
=	44.08

Anhui Jianghuai Automobile Group Co (SHSE:600418) 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.

Anhui Jianghuai Automobile Group Co's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10287.332	/	4969.1425
	=	2.07

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.

Anhui Jianghuai Automobile Group Co's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4969.1425	/	11570.417
	=	0.43

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.

Anhui Jianghuai Automobile Group Co Days Inventory Related Terms

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Anhui Jianghuai Automobile Group Co (SHSE:600418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Jianghuai Automobile Group Co Ltd (SHSE:600418) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 176 Dongliu Road, Hefei, Anhui, CHN, 230022

Website

http://www.jac.com.cn

Anhui Jianghuai Automobile Group Co Ltd manufactures and sells passenger and commercial vehicles. It offers passenger cars, bus chassis, buses, SRVs, sedans, and gasoline engines; and special vehicles, such as ambulances, police wagons, and traffic control vehicles, as well as modified passenger cars and commercial vehicles. The company also provides commercial vehicles, such as light, medium, and heavy-duty trucks; vans; and electric vehicles.

Anhui Jianghuai Automobile Group Co (SHSE:600418) Headlines

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