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Wuxi NCE Power Co (SHSE:605111) Days Inventory : 99.36 (As of Sep. 2024)


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What is Wuxi NCE Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wuxi NCE Power Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥325 Mil. Wuxi NCE Power Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥299 Mil. Hence, Wuxi NCE Power Co's Days Inventory for the three months ended in Sep. 2024 was 99.36.

The historical rank and industry rank for Wuxi NCE Power Co's Days Inventory or its related term are showing as below:

SHSE:605111' s Days Inventory Range Over the Past 10 Years
Min: 47.08   Med: 62.18   Max: 159.79
Current: 131.26

During the past 10 years, Wuxi NCE Power Co's highest Days Inventory was 159.79. The lowest was 47.08. And the median was 62.18.

SHSE:605111's Days Inventory is ranked worse than
54.98% of 964 companies
in the Semiconductors industry
Industry Median: 118.88 vs SHSE:605111: 131.26

Wuxi NCE Power Co's Days Inventory declined from Sep. 2023 (182.78) to Sep. 2024 (99.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuxi NCE Power Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.92.

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. Wuxi NCE Power Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.67.


Wuxi NCE Power Co Days Inventory Historical Data

The historical data trend for Wuxi NCE Power 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.

Wuxi NCE Power Co Days Inventory Chart

Wuxi NCE Power 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 73.99 63.03 71.10 110.44 159.79

Wuxi NCE Power 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 182.78 174.30 157.21 101.95 99.36

Competitive Comparison of Wuxi NCE Power Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Wuxi NCE Power 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.


Wuxi NCE Power Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wuxi NCE Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wuxi NCE Power Co's Days Inventory falls into.


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Wuxi NCE Power Co Days Inventory Calculation

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

Wuxi NCE Power 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
=( (441.336 + 453.895) / 2 ) / 1022.474*365
=447.6155 / 1022.474*365
=159.79

Wuxi NCE Power 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
=( (330.074 + 320.605) / 2 ) / 298.773*365 / 4
=325.3395 / 298.773*365 / 4
=99.36

* 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.


Wuxi NCE Power Co  (SHSE:605111) 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.

Wuxi NCE Power 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.

Wuxi NCE Power Co'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.


Wuxi NCE Power Co Days Inventory Related Terms

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


Wuxi NCE Power Co Business Description

Traded in Other Exchanges
N/A
Address
Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
Executives
Ye Peng Directors, senior managers
Wang Cheng Hong Directors, senior managers
Lu Hong senior management
Xiao Dong Ge senior management
Gu Peng Peng Director
Li Zong Qing Supervisors
Wang Yong Gang senior management
Zhu Yuan Zheng Directors, senior managers
Chen Ling Li Supervisors
Zong Zhen senior management
Yang Zhuo Director
Wu Guo Qiang Supervisors

Wuxi NCE Power Co Headlines

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