GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nantong Great Electric Co Ltd (BJSE:870436) » Definitions » Days Inventory

Nantong Great Electric Co (BJSE:870436) Days Inventory : 146.64 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nantong Great Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nantong Great Electric Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥254.2 Mil. Nantong Great Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥158.2 Mil. Hence, Nantong Great Electric Co's Days Inventory for the three months ended in Mar. 2024 was 146.64.

The historical rank and industry rank for Nantong Great Electric Co's Days Inventory or its related term are showing as below:

BJSE:870436' s Days Inventory Range Over the Past 10 Years
Min: 112.27   Med: 125.14   Max: 198.16
Current: 123.09

During the past 10 years, Nantong Great Electric Co's highest Days Inventory was 198.16. The lowest was 112.27. And the median was 125.14.

BJSE:870436's Days Inventory is ranked worse than
74.17% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 81.845 vs BJSE:870436: 123.09

Nantong Great Electric Co's Days Inventory declined from Mar. 2023 (149.79) to Mar. 2024 (146.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nantong Great Electric Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. Nantong Great Electric Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.33.


Nantong Great Electric Co Days Inventory Historical Data

The historical data trend for Nantong Great Electric 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.

Nantong Great Electric Co Days Inventory Chart

Nantong Great Electric 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 115.58 114.68 118.84 157.38 112.27

Nantong Great Electric Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 149.79 124.22 124.42 93.07 146.64

Competitive Comparison of Nantong Great Electric Co's Days Inventory

For the Auto Parts subindustry, Nantong Great Electric 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.


Nantong Great Electric Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nantong Great Electric Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nantong Great Electric Co's Days Inventory falls into.



Nantong Great Electric Co Days Inventory Calculation

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

Nantong Great Electric 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
=( (161.704 + 244.297) / 2 ) / 659.957*365
=203.0005 / 659.957*365
=112.27

Nantong Great Electric 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
=( (244.297 + 264.114) / 2 ) / 158.183*365 / 4
=254.2055 / 158.183*365 / 4
=146.64

* 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.


Nantong Great Electric Co  (BJSE:870436) 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.

Nantong Great Electric 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.

Nantong Great Electric 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.


Nantong Great Electric Co Days Inventory Related Terms

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


Nantong Great Electric Co (BJSE:870436) Business Description

Traded in Other Exchanges
N/A
Address
No. 1166 Yonghe Road, Chongchuan District, Jiangsu Province, Nantong, CHN
Nantong Great Electric Co Ltd is involved in the product manufacturing and technical services for automotive wiring harnesses and related components.

Nantong Great Electric Co (BJSE:870436) Headlines

No Headlines