CAOHF (FDG Electric Vehicles) Days Inventory: 96.62 (As of Sep. 2019)

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CAOHF FDG Electric Vehicles Ltd CAOHF
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What is FDG Electric Vehicles Days Inventory?

FDG Electric Vehicles CAOHF 12 Days Inventory is 96.62 as of Sep. 2019. GuruFocus rates CAOHF with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). FDG Electric Vehicles's Average Total Inventories for the six months ended in Sep. 2019 was $30.70 Mil. FDG Electric Vehicles's Cost of Goods Sold for the six months ended in Sep. 2019 was $57.99 Mil. Hence, FDG Electric Vehicles's Days Inventory for the six months ended in Sep. 2019 was 96.62.

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

CAOHF's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.33
* Ranked among companies with meaningful Days Inventory only.

FDG Electric Vehicles's Days Inventory declined from Sep. 2018 (513.61) to Sep. 2019 (96.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. FDG Electric Vehicles's Inventory Turnover for the six months ended in Sep. 2019 was 1.89.

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. FDG Electric Vehicles's Inventory-to-Revenue for the six months ended in Sep. 2019 was 0.49.


FDG Electric Vehicles  (OTCPK:CAOHF) 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.

FDG Electric Vehicles's Inventory Turnover for the six months ended in Sep. 2019 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.

FDG Electric Vehicles's Inventory to Revenue for the six months ended in Sep. 2019 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.


FDG Electric Vehicles Days Inventory Related Terms


FDG Electric Vehicles Days Inventory Historical Data

* Premium members only.

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Days Inventory Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 247.46 671.34 227.27 264.67 489.74

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
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 505.99 202.59 513.61 357.39 96.62

CAOHF vs APTV: Days Inventory Comparison

For the Auto Parts subindustry, FDG Electric Vehicles'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.


FDG Electric Vehicles Days Inventory vs Vehicles & Parts Industry

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

* The bar in red indicates where FDG Electric Vehicles's Days Inventory falls into.


CAOHF
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FDG Electric Vehicles Ltd CAOHF
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FDG Electric Vehicles Days Inventory Calculation

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

FDG Electric Vehicles's Days Inventory for the fiscal year that ended in Mar. 2019 is calculated as

Days Inventory (A: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (72.288 + 36.74) / 2 ) / 40.629*365
=54.514 / 40.629*365
=489.74

FDG Electric Vehicles's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (36.74 + 24.66) / 2 ) / 57.986*365 / 2
=30.7 / 57.986*365 / 2
=96.62

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 96.62 mean?
FDG Electric Vehicles (CAOHF) has a Days Inventory of 96.62 as of Sep. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FDG Electric Vehicles and its competitors.
Is FDG Electric Vehicles' Days Inventory too high?
FDG Electric Vehicles' current Days Inventory is 96.62. The Vehicles & Parts industry median Days Inventory is 80.33. FDG Electric Vehicles' value of 96.62 is 20.3% above this industry median. Overall, FDG Electric Vehicles has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FDG Electric Vehicles' Days Inventory compare to APTV?
FDG Electric Vehicles' Days Inventory of 96.62 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.33. FDG Electric Vehicles' value of 96.62 is 20.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.33, based on 1,291 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FDG Electric Vehicles's current Days Inventory of 96.62 is 20.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FDG Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDG Electric Vehicles's current Days Inventory is 96.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDG Electric Vehicles stock overvalued right now?
FDG Electric Vehicles (CAOHF) has a current Days Inventory of 96.62. The current Days Inventory is 96.62 and 20.3% above the Vehicles & Parts industry median of 80.33. FDG Electric Vehicles' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For FDG Electric Vehicles (CAOHF), the current Days Inventory is 96.62 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FDG Electric Vehicles Business Description

Address 26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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