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Sany Heavy Industry Co (SHSE:600031) Days Inventory : 136.55 (As of Sep. 2024)


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What is Sany Heavy Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sany Heavy Industry Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥20,634 Mil. Sany Heavy Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥13,789 Mil. Hence, Sany Heavy Industry Co's Days Inventory for the three months ended in Sep. 2024 was 136.55.

The historical rank and industry rank for Sany Heavy Industry Co's Days Inventory or its related term are showing as below:

SHSE:600031' s Days Inventory Range Over the Past 10 Years
Min: 87.02   Med: 104.18   Max: 136.36
Current: 136.36

During the past 13 years, Sany Heavy Industry Co's highest Days Inventory was 136.36. The lowest was 87.02. And the median was 104.18.

SHSE:600031's Days Inventory is ranked better than
51.46% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 139.735 vs SHSE:600031: 136.36

Sany Heavy Industry Co's Days Inventory declined from Sep. 2023 (172.74) to Sep. 2024 (136.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sany Heavy Industry Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.67.

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. Sany Heavy Industry Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.07.


Sany Heavy Industry Co Days Inventory Historical Data

The historical data trend for Sany Heavy Industry 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.

Sany Heavy Industry Co Days Inventory Chart

Sany Heavy Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.12 87.16 87.02 113.97 135.20

Sany Heavy Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 172.74 139.31 145.30 125.28 136.55

Competitive Comparison of Sany Heavy Industry Co's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Industry 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.


Sany Heavy Industry Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sany Heavy Industry Co's Days Inventory falls into.



Sany Heavy Industry Co Days Inventory Calculation

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

Sany Heavy Industry 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
=( (19738.362 + 19767.762) / 2 ) / 53326.369*365
=19753.062 / 53326.369*365
=135.20

Sany Heavy Industry Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (20767.58 + 20499.646) / 2 ) / 13788.669*365 / 4
=20633.613 / 13788.669*365 / 4
=136.55

* 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.


Sany Heavy Industry Co  (SHSE:600031) 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.

Sany Heavy Industry Co's Inventory Turnover for the three months ended in Sep. 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.

Sany Heavy Industry Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=20633.613 / 19300.421
=1.07

* 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.


Sany Heavy Industry Co Days Inventory Related Terms

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


Sany Heavy Industry Co Business Description

Traded in Other Exchanges
N/A
Address
SANY Industrial Park, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410100
Sany is a leading construction machinery manufacturer in China and is one of the top 10 in the world in terms of revenue. Its products range from concrete and crane machinery to excavator, road construction, piling machinery, and others. Following its acquisition of Putzmeister in 2012, it strengthened its position in the concrete machinery space globally as one of the leading concrete pumps manufacturers. It is also the largest excavator manufacturer in China with 21% market share in 2017. China accounted for around 70% of its revenue in 2019, while the rest comes from overseas markets.
Executives
Yu Hong Fu Directors, senior managers
Xiang Wen Bo Director
Yi Xiao Gang Directors, senior managers
Zhang Ke senior management
Xi Qing Director
Huang Jian Long Directors, senior managers
Cai Sheng Lin senior management
Tang Xiu Guo Director
Sun Xin Liang senior management
Dai Qing Hua senior management
Tang Li Hua senior management
Yuan Ai Jin senior management
Xiang Si Long senior management
Liu Hua senior management
Xiao You Liang senior management

Sany Heavy Industry Co Headlines

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