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Chongqing Qin'an M&E (SHSE:603758) Days Inventory : 96.70 (As of Mar. 2025)


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What is Chongqing Qin'an M&E Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chongqing Qin'an M&E's Average Total Inventories for the three months ended in Mar. 2025 was ¥244 Mil. Chongqing Qin'an M&E's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥231 Mil. Hence, Chongqing Qin'an M&E's Days Inventory for the three months ended in Mar. 2025 was 96.70.

The historical rank and industry rank for Chongqing Qin'an M&E's Days Inventory or its related term are showing as below:

SHSE:603758' s Days Inventory Range Over the Past 10 Years
Min: 74.79   Med: 126.58   Max: 184.44
Current: 79.78

During the past 13 years, Chongqing Qin'an M&E's highest Days Inventory was 184.44. The lowest was 74.79. And the median was 126.58.

SHSE:603758's Days Inventory is ranked better than
50.23% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 80.39 vs SHSE:603758: 79.78

Chongqing Qin'an M&E's Days Inventory increased from Mar. 2024 (83.30) to Mar. 2025 (96.70). It might indicate that Chongqing Qin'an M&E's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Qin'an M&E's Inventory Turnover for the three months ended in Mar. 2025 was 0.94.

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. Chongqing Qin'an M&E's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.82.


Chongqing Qin'an M&E Days Inventory Historical Data

The historical data trend for Chongqing Qin'an M&E'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.

Chongqing Qin'an M&E Days Inventory Chart

Chongqing Qin'an M&E Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.53 86.88 102.16 79.06 74.79

Chongqing Qin'an M&E Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 83.30 85.86 68.50 66.44 96.70

Competitive Comparison of Chongqing Qin'an M&E's Days Inventory

For the Auto Parts subindustry, Chongqing Qin'an M&E'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.


Chongqing Qin'an M&E's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Qin'an M&E's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chongqing Qin'an M&E's Days Inventory falls into.


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Chongqing Qin'an M&E Days Inventory Calculation

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

Chongqing Qin'an M&E's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (274.01 + 224.734) / 2 ) / 1216.966*365
=249.372 / 1216.966*365
=74.79

Chongqing Qin'an M&E's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (224.734 + 264.077) / 2 ) / 230.628*365 / 4
=244.4055 / 230.628*365 / 4
=96.70

* 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.


Chongqing Qin'an M&E  (SHSE:603758) 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.

Chongqing Qin'an M&E'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.

Chongqing Qin'an M&E'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.


Chongqing Qin'an M&E Days Inventory Related Terms

Thank you for viewing the detailed overview of Chongqing Qin'an M&E's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chongqing Qin'an M&E Business Description

Traded in Other Exchanges
N/A
Address
No. 701, Lanmei Road, Jiulongpo District, Chongqing, CHN, 400039
Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.
Executives
Director
Luo Xiao Chuan Director
Zhang Mao Liang Supervisors
Yu Yang Director
Liu Hong Qing Director
Sun De Shan Director
Liu Shu Jun senior management
Huang An Lin senior management
Zhou Bin Director
Xu Zheng senior management
Zhang Hua Ming Director
Tang Ya Dong Director
Yang Ying Supervisors
Yan Zheng Gang Supervisors

Chongqing Qin'an M&E Headlines

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