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Aerosun (SHSE:600501) Days Inventory : 292.97 (As of Sep. 2024)


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What is Aerosun Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aerosun's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,152 Mil. Aerosun's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥359 Mil. Hence, Aerosun's Days Inventory for the three months ended in Sep. 2024 was 292.97.

The historical rank and industry rank for Aerosun's Days Inventory or its related term are showing as below:

SHSE:600501' s Days Inventory Range Over the Past 10 Years
Min: 82.68   Med: 105.08   Max: 191.16
Current: 191.16

During the past 13 years, Aerosun's highest Days Inventory was 191.16. The lowest was 82.68. And the median was 105.08.

SHSE:600501's Days Inventory is ranked worse than
90.52% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs SHSE:600501: 191.16

Aerosun's Days Inventory increased from Sep. 2023 (231.02) to Sep. 2024 (292.97). It might indicate that Aerosun's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aerosun's Inventory Turnover for the three months ended in Sep. 2024 was 0.31.

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. Aerosun's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.75.


Aerosun Days Inventory Historical Data

The historical data trend for Aerosun'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.

Aerosun Days Inventory Chart

Aerosun 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 99.70 87.91 110.46 140.96 148.39

Aerosun 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 231.02 104.04 288.31 228.83 292.97

Competitive Comparison of Aerosun's Days Inventory

For the Auto Parts subindustry, Aerosun'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.


Aerosun's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aerosun's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aerosun's Days Inventory falls into.



Aerosun Days Inventory Calculation

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

Aerosun'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
=( (1503.133 + 1082.898) / 2 ) / 3180.524*365
=1293.0155 / 3180.524*365
=148.39

Aerosun'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
=( (1139.62 + 1163.431) / 2 ) / 358.665*365 / 4
=1151.5255 / 358.665*365 / 4
=292.97

* 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.


Aerosun  (SHSE:600501) 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.

Aerosun'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.

Aerosun's Inventory to Revenue for the three months ended in Sep. 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.


Aerosun Days Inventory Related Terms

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


Aerosun Business Description

Traded in Other Exchanges
N/A
Address
No. 188 Tianyuan Middle Road, Jiangning Economic and Technology Development Zone, Jiangsu Province, Nanjing, CHN, 211100
Aerosun Corp is mainly engaged in production and research of special-purpose vehicles in China. The major products of Aerosun include: special-purpose vehicles, reinforced thermal plastic pipes, pressure vessels and artistic statues.
Executives
Wen Shu Liang senior management
Deng Ze Gang senior management
Sun Jian Hang senior management
Du Yao senior management
Li Ying De Director

Aerosun Headlines

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