CM Energy Tech Co (HKSE:00206) Days Inventory : 93.18 (As of Dec. 2023)

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What is CM Energy Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CM Energy Tech Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$257 Mil. CM Energy Tech Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$503 Mil. Hence, CM Energy Tech Co's Days Inventory for the six months ended in Dec. 2023 was 93.18.

The historical rank and industry rank for CM Energy Tech Co's Days Inventory or its related term are showing as below:

HKSE:00206' s Days Inventory Range Over the Past 10 Years
Min: 88.21 Med: 179.32 Max: 1166.05
Current: 88.21

During the past 13 years, CM Energy Tech Co's highest Days Inventory was 1166.05. The lowest was 88.21. And the median was 179.32.

HKSE:00206's Days Inventory is ranked worse than
81.64% of 730 companies
in the Oil & Gas industry
Industry Median: 31.94 vs HKSE:00206: 88.21

CM Energy Tech Co's Days Inventory declined from Dec. 2022 (126.56) to Dec. 2023 (93.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. CM Energy Tech Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.96.

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. CM Energy Tech Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.37.

CM Energy Tech Co Days Inventory Historical Data

The historical data trend for CM Energy Tech 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.

CM Energy Tech Co Days Inventory Chart

CM Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1,166.05

581.98

282.36

149.11

98.93

CM Energy Tech Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															232.57	135.54	126.56	74.26	93.18

Competitive Comparison of CM Energy Tech Co's Days Inventory

For the Oil & Gas Equipment & Services subindustry, CM Energy Tech 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.

CM Energy Tech Co's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CM Energy Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where CM Energy Tech Co's Days Inventory falls into.

CM Energy Tech Co Days Inventory Calculation

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

CM Energy Tech 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
=	( (282.143	+	312.002)	/	2 )	/	1096.028	*	365
=	297.0725					/	1096.028	*	365
=	98.93

CM Energy Tech Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (201.794	+	312.002)	/	2 )	/	503.162	*	365 / 2
=	256.898					/	503.162	*	365 / 2
=	93.18

CM Energy Tech Co (HKSE:00206) 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.

CM Energy Tech Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	503.162	/	256.898
	=	1.96

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.

CM Energy Tech Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	256.898	/	690.769
	=	0.37

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.

CM Energy Tech Co Days Inventory Related Terms

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

CM Energy Tech Co (HKSE:00206) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CM Energy Tech Co Ltd (HKSE:00206) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 51 Kwai Cheong Road, Room A, 31st Floor, Tower 2, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.cm-energy.com

CM Energy Tech Co Ltd's primary business is offshore wind power installation, core equipment technology, products and services in the green and clean energy and oil and gas exploration industries, and offshore engineering asset management business.

Executives

Zhao Shang Ju Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China Merchants & Great Wall Ocean Strategy & Technology Fund (l.p.)	2201 Interest of corporation controlled by you
China Merchants Great-wall Gp Limited	2201 Interest of corporation controlled by you
Prime Force Investment Corporation	2101 Beneficial owner
China International Marine Containers (group) Co., Ltd.	2201 Interest of corporation controlled by you
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
China State Shipbuilding Corporation Limited	2201 Interest of corporation controlled by you
Cssc Huangpu Wenchong Shipbuilding Company Limited	2201 Interest of corporation controlled by you
Cssc Offshore & Marine Engineering (group) Company Limited	2201 Interest of corporation controlled by you
Wah Shun International Marine Limited	2101 Beneficial owner
Minyun Limited	2201 Interest of corporation controlled by you
Chen Fengying	2202 Interest of your spouse
Zhang Jiuli	2202 Interest of your spouse
Zhang Menggui	2201 Interest of corporation controlled by you
Jiang Bing Hua	2201 Interest of corporation controlled by you

CM Energy Tech Co (HKSE:00206) Headlines

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