The historical rank and industry rank for China Suntien Green Energy's Days Inventory or its related term are showing as below:
HKSE:00956'
s Days Inventory Range Over the Past 10 Years
Min: 2.08 Med: 4.25 Max: 24.57
Current: 24.57
During the past 13 years, China Suntien Green Energy's highest Days Inventory was 24.57. The lowest was 2.08. And the median was 4.25.
HKSE:00956's Days Inventory is ranked worse than 51.61% of 465
companies
in the Utilities - Regulated industry
Industry Median: 23.46
vs HKSE:00956: 24.57
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Suntien Green Energy's Inventory Turnover for the
three
months ended in Mar. 2024 was 7.26.
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 Suntien Green Energy's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.11.
China Suntien Green Energy Days Inventory Historical Data
* 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.
Competitive Comparison of China Suntien Green Energy's Days Inventory
For the Utilities - Diversified subindustry, China Suntien Green Energy'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 Suntien Green Energy's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Suntien Green Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where China Suntien Green Energy's Days Inventory falls into.
China Suntien Green Energy Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Suntien Green Energy's Days Inventory for the fiscal year that ended in Dec. 2023 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.
China Suntien Green Energy (HKSE:00956) 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 Suntien Green Energy'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.
China Suntien Green Energy'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.
China Suntien Green Energy Days Inventory Related Terms
Thank you for viewing the detailed overview of China Suntien Green Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
China Suntien Green Energy (HKSE:00956) Business Description
China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2022, the firm's natural gas transmission volume was 4,501 million cubic meters, while sales volume of electricity was 13.87 billion kilowatt-hours. As of end-2022, the firm had consolidated renewable energy (wind and solar) installed capacity of 5.94 gigawatts.
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