Days Inventory is also known as Days Sales of Inventory (DSI). Tongwei Co's Average Total Inventories for the
three
months ended in Mar. 2025 was ¥14,044 Mil. Tongwei Co's Cost of Goods Sold for the
three
months ended in Mar. 2025 was ¥16,391 Mil.
Hence, Tongwei Co's Days Inventory for the
three
months ended in Mar. 2025 was 78.18.
The historical rank and industry rank for Tongwei Co's Days Inventory or its related term are showing as below:
SHSE:600438'
s Days Inventory Range Over the Past 10 Years
Min: 23.92 Med: 27.37 Max: 54.16
Current: 54.16
During the past 13 years, Tongwei Co's highest Days Inventory was 54.16. The lowest was 23.92. And the median was 27.37.
SHSE:600438's Days Inventory is ranked better than 81.08% of 962
companies
in the Semiconductors industry
Industry Median: 118.76
vs SHSE:600438: 54.16
Tongwei Co's Days Inventory
increased
from Mar. 2024 (48.94) to Mar. 2025 (78.18).
It might indicate that Tongwei Co's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tongwei Co's Inventory Turnover for the
three
months ended in Mar. 2025 was 1.17.
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.
Tongwei Co's Inventory-to-Revenue for the
three
months ended in Mar. 2025 was 0.88.
Tongwei Co Days Inventory Historical Data
The historical data trend for Tongwei 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 Tongwei Co's Days Inventory
For the Solar subindustry, Tongwei 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.
Tongwei Co's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Tongwei Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tongwei Co's Days Inventory falls into.
* 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.
Tongwei Co (SHSE:600438) 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.
Tongwei Co's Inventory Turnover for the
three
months ended in Mar. 2025 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.
Tongwei Co's Inventory to Revenue for the
three
months ended in Mar. 2025 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.
Tongwei Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Tongwei Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tongwei is the largest polysilicon producer in the world. It produced 389 thousand metric tons of polysilicon in 2023, accounting for 27% of total production in China. Polysilicon contributed 32% of revenue and 65% of gross profit in 2023. Tongwei is also a global leading solar cell and module supplier.
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