Days Inventory is also known as Days Sales of Inventory (DSI). Yutong Bus Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥4,455 Mil. Yutong Bus Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥4,972 Mil.
Hence, Yutong Bus Co's Days Inventory for the
three
months ended in Mar. 2024 was 81.75.
The historical rank and industry rank for Yutong Bus Co's Days Inventory or its related term are showing as below:
SHSE:600066'
s Days Inventory Range Over the Past 10 Years
Min: 21.2 Med: 59.15 Max: 119.33
Current: 75.31
During the past 13 years, Yutong Bus Co's highest Days Inventory was 119.33. The lowest was 21.20. And the median was 59.15.
SHSE:600066's Days Inventory is ranked better than 79.9% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48
vs SHSE:600066: 75.31
Yutong Bus Co's Days Inventory
declined
from Mar. 2023 (161.45) to Mar. 2024 (81.75).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yutong Bus Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.12.
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.
Yutong Bus Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.67.
Yutong Bus Co Days Inventory Historical Data
The historical data trend for Yutong Bus 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 Yutong Bus Co's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.
Yutong Bus Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Yutong Bus Co's Days Inventory falls into.
Yutong Bus Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Yutong Bus 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.
Yutong Bus Co (SHSE:600066) 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.
Yutong Bus Co'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.
Yutong Bus Co'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.
Yutong Bus Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Yutong Bus Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.
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