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Kerun Intellgent Control Co (BJSE:834062) Days Inventory : 140.53 (As of Mar. 2024)


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What is Kerun Intellgent Control Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kerun Intellgent Control Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥260 Mil. Kerun Intellgent Control Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥169 Mil. Hence, Kerun Intellgent Control Co's Days Inventory for the three months ended in Mar. 2024 was 140.53.

The historical rank and industry rank for Kerun Intellgent Control Co's Days Inventory or its related term are showing as below:

BJSE:834062' s Days Inventory Range Over the Past 10 Years
Min: 85.61   Med: 121.44   Max: 196.6
Current: 102.57

During the past 11 years, Kerun Intellgent Control Co's highest Days Inventory was 196.60. The lowest was 85.61. And the median was 121.44.

BJSE:834062's Days Inventory is ranked better than
59.86% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BJSE:834062: 102.57

Kerun Intellgent Control Co's Days Inventory increased from Mar. 2023 (121.42) to Mar. 2024 (140.53). It might indicate that Kerun Intellgent Control Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kerun Intellgent Control Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.65.

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. Kerun Intellgent Control Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.28.


Kerun Intellgent Control Co Days Inventory Historical Data

The historical data trend for Kerun Intellgent Control 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.

Kerun Intellgent Control Co Days Inventory Chart

Kerun Intellgent Control Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.99 97.84 88.27 85.61 99.28

Kerun Intellgent Control Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 121.42 87.89 87.40 94.65 140.53

Competitive Comparison of Kerun Intellgent Control Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Kerun Intellgent Control 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.


Kerun Intellgent Control Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kerun Intellgent Control Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kerun Intellgent Control Co's Days Inventory falls into.



Kerun Intellgent Control Co Days Inventory Calculation

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

Kerun Intellgent Control 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
=( (202.406 + 238.675) / 2 ) / 810.779*365
=220.5405 / 810.779*365
=99.28

Kerun Intellgent Control Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (238.675 + 282.069) / 2 ) / 169.068*365 / 4
=260.372 / 169.068*365 / 4
=140.53

* 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.


Kerun Intellgent Control Co  (BJSE:834062) 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.

Kerun Intellgent Control Co's Inventory Turnover for the three months ended in Mar. 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.

Kerun Intellgent Control Co's Inventory to Revenue for the three months ended in Mar. 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.


Kerun Intellgent Control Co Days Inventory Related Terms

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


Kerun Intellgent Control Co (BJSE:834062) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Kaiyuan Road, Shanhai Cooperation Zone, Economic Development Zone, Jiangshan City, Zhejiang Province, Quzhou City, CHN, 324100
Kerun Intellgent Control Co Ltd conducts research, development, production, sales, and service of power transmission and distribution equipment, high and low-voltage complete sets, special power containers, transformers, and new energy products. The company has six major business divisions - Electrical Division, Transformer Division, Component Division, Sheet Metal Division, New Energy Division, and Military Industry Division. The leading products are transformer series, high and low voltage complete switchgear series, and box-type substation series.

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