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Suzhou Maxwell Technologies Co (SZSE:300751) Days Inventory : 611.66 (As of Sep. 2023)


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What is Suzhou Maxwell Technologies Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzhou Maxwell Technologies Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥10,157 Mil. Suzhou Maxwell Technologies Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥1,515 Mil. Hence, Suzhou Maxwell Technologies Co's Days Inventory for the three months ended in Sep. 2023 was 611.66.

The historical rank and industry rank for Suzhou Maxwell Technologies Co's Days Inventory or its related term are showing as below:

SZSE:300751' s Days Inventory Range Over the Past 10 Years
Min: 285.93   Med: 580.35   Max: 713.13
Current: 642.01

During the past 9 years, Suzhou Maxwell Technologies Co's highest Days Inventory was 713.13. The lowest was 285.93. And the median was 580.35.

SZSE:300751's Days Inventory is ranked worse than
95.85% of 940 companies
in the Semiconductors industry
Industry Median: 130.735 vs SZSE:300751: 642.01

Suzhou Maxwell Technologies Co's Days Inventory increased from Sep. 2022 (446.00) to Sep. 2023 (611.66). It might indicate that Suzhou Maxwell Technologies Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Maxwell Technologies Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.15.

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. Suzhou Maxwell Technologies Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 4.54.


Suzhou Maxwell Technologies Co Days Inventory Historical Data

The historical data trend for Suzhou Maxwell Technologies 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.

Suzhou Maxwell Technologies Co Days Inventory Chart

Suzhou Maxwell Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 713.13 642.25 503.96 468.80 580.35

Suzhou Maxwell Technologies 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 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 446.00 607.18 724.45 623.41 611.66

Competitive Comparison of Suzhou Maxwell Technologies Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Suzhou Maxwell Technologies 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.


Suzhou Maxwell Technologies Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Maxwell Technologies Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suzhou Maxwell Technologies Co's Days Inventory falls into.



Suzhou Maxwell Technologies Co Days Inventory Calculation

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

Suzhou Maxwell Technologies 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
=( (2808.277 + 5330.02) / 2 ) / 2559.213*365
=4069.1485 / 2559.213*365
=580.35

Suzhou Maxwell Technologies 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
=( (9163.875 + 11149.868) / 2 ) / 1515.242*365 / 4
=10156.8715 / 1515.242*365 / 4
=611.66

* 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.


Suzhou Maxwell Technologies Co  (SZSE:300751) 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.

Suzhou Maxwell Technologies Co's Inventory Turnover for the three months ended in Sep. 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.

Suzhou Maxwell Technologies Co's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10156.8715 / 2238.264
=4.54

* 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.


Suzhou Maxwell Technologies Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Suzhou Maxwell Technologies Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Maxwell Technologies Co (SZSE:300751) Business Description

Traded in Other Exchanges
N/A
Address
No. 1801, Pangjin Road, D02 Building, Pangjin Industrial Square, Economic and Technological Development Zon, Wujiang, CHN, 215200
Suzhou Maxwell Technologies Co Ltd is a manufacturer of integrating mechanical equipment design, electrical development, software algorithm development and precision manufacturing equipment. It is primarily involved in solar cell production equipment and is the leading equipment supplier and service provider of photovoltaic industry.

Suzhou Maxwell Technologies Co (SZSE:300751) Headlines

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