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EC Precision Technology (Jiangsu) (BJSE:836221) Days Inventory : 143.70 (As of Jun. 2024)


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What is EC Precision Technology (Jiangsu) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EC Precision Technology (Jiangsu)'s Average Total Inventories for the three months ended in Jun. 2024 was ¥78.1 Mil. EC Precision Technology (Jiangsu)'s Cost of Goods Sold for the three months ended in Jun. 2024 was ¥49.6 Mil. Hence, EC Precision Technology (Jiangsu)'s Days Inventory for the three months ended in Jun. 2024 was 143.70.

The historical rank and industry rank for EC Precision Technology (Jiangsu)'s Days Inventory or its related term are showing as below:

BJSE:836221' s Days Inventory Range Over the Past 10 Years
Min: 67.79   Med: 97.34   Max: 147.76
Current: 123.65

During the past 10 years, EC Precision Technology (Jiangsu)'s highest Days Inventory was 147.76. The lowest was 67.79. And the median was 97.34.

BJSE:836221's Days Inventory is ranked worse than
74.72% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 80.115 vs BJSE:836221: 123.65

EC Precision Technology (Jiangsu)'s Days Inventory declined from Jun. 2023 (153.80) to Jun. 2024 (143.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. EC Precision Technology (Jiangsu)'s Inventory Turnover for the three months ended in Jun. 2024 was 0.63.

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. EC Precision Technology (Jiangsu)'s Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.02.


EC Precision Technology (Jiangsu) Days Inventory Historical Data

The historical data trend for EC Precision Technology (Jiangsu)'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.

EC Precision Technology (Jiangsu) Days Inventory Chart

EC Precision Technology (Jiangsu) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.44 124.92 132.15 147.76 146.01

EC Precision Technology (Jiangsu) Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 153.80 123.09 102.35 127.63 143.70

Competitive Comparison of EC Precision Technology (Jiangsu)'s Days Inventory

For the Auto Parts subindustry, EC Precision Technology (Jiangsu)'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.


EC Precision Technology (Jiangsu)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EC Precision Technology (Jiangsu)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where EC Precision Technology (Jiangsu)'s Days Inventory falls into.



EC Precision Technology (Jiangsu) Days Inventory Calculation

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

EC Precision Technology (Jiangsu)'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
=( (58.827 + 71.76) / 2 ) / 163.223*365
=65.2935 / 163.223*365
=146.01

EC Precision Technology (Jiangsu)'s Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (77.028 + 79.261) / 2 ) / 49.621*365 / 4
=78.1445 / 49.621*365 / 4
=143.70

* 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.


EC Precision Technology (Jiangsu)  (BJSE:836221) 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.

EC Precision Technology (Jiangsu)'s Inventory Turnover for the three months ended in Jun. 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.

EC Precision Technology (Jiangsu)'s Inventory to Revenue for the three months ended in Jun. 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.


EC Precision Technology (Jiangsu) Days Inventory Related Terms

Thank you for viewing the detailed overview of EC Precision Technology (Jiangsu)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


EC Precision Technology (Jiangsu) Business Description

Traded in Other Exchanges
N/A
Address
No. 1018, Taiping North Road, Chongchuan District, Jiangsu Province, Nantong, CHN, 226006
EC Precision Technology (Jiangsu) Corp is engaged in the research and development, production and sales of automotive precision metal parts.

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