Days Inventory is also known as Days Sales of Inventory (DSI). CALB Group Co's Average Total Inventories for the
six
months ended in Jun. 2024 was HK$6,363 Mil. CALB Group Co's Cost of Goods Sold for the
six
months ended in Jun. 2024 was HK$11,326 Mil.
Hence, CALB Group Co's Days Inventory for the
six
months ended in Jun. 2024 was 102.53.
The historical rank and industry rank for CALB Group Co's Days Inventory or its related term are showing as below:
HKSE:03931'
s Days Inventory Range Over the Past 10 Years
Min: 72.14 Med: 148.74 Max: 289.52
Current: 115.81
During the past 5 years, CALB Group Co's highest Days Inventory was 289.52. The lowest was 72.14. And the median was 148.74.
HKSE:03931's Days Inventory is ranked better than 52.72% of 2904
companies
in the Industrial Products industry
Industry Median: 121.88
vs HKSE:03931: 115.81
CALB Group Co's Days Inventory
declined
from Jun. 2023 (181.21) to Jun. 2024 (102.53).
Inventory Turnover measures how fast the company turns over its inventory within a year.
CALB Group Co's Inventory Turnover for the
six
months ended in Jun. 2024 was 1.78.
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.
CALB Group Co's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.47.
CALB Group Co Days Inventory Historical Data
The historical data trend for CALB Group 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.
Competitive Comparison of CALB Group Co's Days Inventory
For the Electrical Equipment & Parts subindustry, CALB Group 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.
CALB Group Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, CALB Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where CALB Group Co's Days Inventory falls into.
CALB Group Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CALB Group Co'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.
CALB Group Co (HKSE:03931) 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.
CALB Group Co's Inventory Turnover for the
six
months ended in Jun. 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.
CALB Group Co's Inventory to Revenue for the
six
months ended in Jun. 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.
CALB Group Co Days Inventory Related Terms
Thank you for viewing the detailed overview of CALB Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Headquartered in Changzhou, Jiangsu Province, CALB a leading new energy technology company specializing in the development, production, sales, and market application of lithium-ion batteries, battery management systems and related integrated products, and lithium battery materials. The company's products mainly include electric vehicle, or EV, batteries and energy storage system, or ESS, products. Established in 2015 via a spinoff from its parent company, which was ultimately controlled by Aviation Industry Corporation of China, or AVIC, CALB has become one of the leading EV battery companies. With 5% market share in 2023 in terms of installed capacity, CALB ranked sixth among global EV battery companies and third in China with 8% market share.
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