The historical rank and industry rank for AviChina Industry & Technology Co's Days Inventory or its related term are showing as below:
HKSE:02357'
s Days Inventory Range Over the Past 10 Years
Min: 229.58 Med: 262.53 Max: 327.4
Current: 230.96
During the past 13 years, AviChina Industry & Technology Co's highest Days Inventory was 327.40. The lowest was 229.58. And the median was 262.53.
HKSE:02357's Days Inventory is ranked worse than 69.9% of 289
companies
in the Aerospace & Defense industry
Industry Median: 142.68
vs HKSE:02357: 230.96
Inventory Turnover measures how fast the company turns over its inventory within a year.
AviChina Industry & Technology Co's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.81.
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.
AviChina Industry & Technology Co's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.91.
AviChina Industry & Technology Co 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.
* Premium members only.
AviChina Industry & Technology Co Days Inventory Chart
Competitive Comparison of AviChina Industry & Technology Co's Days Inventory
For the Aerospace & Defense subindustry, AviChina Industry & Technology 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.
AviChina Industry & Technology Co's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AviChina Industry & Technology Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where AviChina Industry & Technology Co's Days Inventory falls into.
AviChina Industry & Technology Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
* 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.
AviChina Industry & Technology Co (HKSE:02357) 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.
AviChina Industry & Technology Co's Inventory Turnover for the
six
months ended in Dec. 2023 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.
AviChina Industry & Technology Co's Inventory to Revenue for the
six
months 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.
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.
AviChina Industry & Technology Co Days Inventory Related Terms
Thank you for viewing the detailed overview of AviChina Industry & Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
AviChina Industry & Technology Co (HKSE:02357) Business Description
AviChina Industry & Technology Co Ltd is engaged in the development, manufacture, sales and upgrade of civil aviation products and defense products such as provision of helicopters, trainer aircraft, general-purpose aircraft and regional jets for domestic and overseas customers. The company also collaborates with international aviation product manufacturers. AviChina has three operating segments: Aviation entire aircraft; Aviation ancillary system and related business; and Aviation engineering services. The Aviation entire aircraft segment includes helicopters, trainer aircraft, and general aircraft for both civil and military uses. Over half of the company's revenue is generated from supplying components, spare parts, and services. AviChina mainly conducts its business in China.
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