China Power Equipment (China Power Equipment) Days Inventory : 10.98 (As of Sep. 2013)

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What is China Power Equipment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Power Equipment's Average Total Inventories for the three months ended in Sep. 2013 was $0.83 Mil. China Power Equipment's Cost of Goods Sold for the three months ended in Sep. 2013 was $6.87 Mil. Hence, China Power Equipment's Days Inventory for the three months ended in Sep. 2013 was 10.98.

The historical rank and industry rank for China Power Equipment's Days Inventory or its related term are showing as below:

CPQQ's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 101.84
* Ranked among companies with meaningful Days Inventory only.

China Power Equipment's Days Inventory increased from Sep. 2012 (8.47) to Sep. 2013 (10.98). It might indicate that China Power Equipment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Power Equipment's Inventory Turnover for the three months ended in Sep. 2013 was 8.31.

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. China Power Equipment's Inventory-to-Revenue for the three months ended in Sep. 2013 was 0.09.

China Power Equipment Days Inventory Historical Data

The historical data trend for China Power Equipment'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.

China Power Equipment Days Inventory Chart

China Power Equipment Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Inventory

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20.89

8.29

8.42

6.24

2.96

China Power Equipment Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Inventory	Get a 7-Day Free Trial															8.47	6.52	7.43	10.08	10.98

Competitive Comparison of China Power Equipment's Days Inventory

For the Electronic Components subindustry, China Power Equipment'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.

China Power Equipment's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Power Equipment's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Power Equipment's Days Inventory falls into.

China Power Equipment Days Inventory Calculation

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

China Power Equipment's Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

	Days Inventory (A: Dec. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2011 )	+	Total Inventories (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (0.304	+	0.135)	/	2 )	/	27.086	*	365
=	0.2195					/	27.086	*	365
=	2.96

China Power Equipment's Days Inventory for the quarter that ended in Sep. 2013 is calculated as:

	Days Inventory (Q: Sep. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2013 )	*	Days in Period
=	( (0.77	+	0.882)	/	2 )	/	6.866	*	365 / 4
=	0.826					/	6.866	*	365 / 4
=	10.98

China Power Equipment (OTCPK:CPQQ) 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.

China Power Equipment's Inventory Turnover for the three months ended in Sep. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.866	/	0.826
	=	8.31

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.

China Power Equipment's Inventory to Revenue for the three months ended in Sep. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.826	/	9.13
	=	0.09

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.

China Power Equipment Days Inventory Related Terms

Thank you for viewing the detailed overview of China Power Equipment's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Power Equipment (China Power Equipment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Power Equipment Inc (OTCPK:CPQQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702

Website

http://www.chinapower-equipment.com

China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

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