Earth-Panda Advanced Magnetic Material Co (SHSE:688077) Days Inventory : 131.66 (As of Mar. 2024)

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What is Earth-Panda Advanced Magnetic Material Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Earth-Panda Advanced Magnetic Material Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥365 Mil. Earth-Panda Advanced Magnetic Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥253 Mil. Hence, Earth-Panda Advanced Magnetic Material Co's Days Inventory for the three months ended in Mar. 2024 was 131.66.

The historical rank and industry rank for Earth-Panda Advanced Magnetic Material Co's Days Inventory or its related term are showing as below:

SHSE:688077' s Days Inventory Range Over the Past 10 Years
Min: 107 Med: 125.35 Max: 154.25
Current: 125.07

During the past 10 years, Earth-Panda Advanced Magnetic Material Co's highest Days Inventory was 154.25. The lowest was 107.00. And the median was 125.35.

SHSE:688077's Days Inventory is ranked worse than
51.94% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SHSE:688077: 125.07

Earth-Panda Advanced Magnetic Material Co's Days Inventory declined from Mar. 2023 (150.06) to Mar. 2024 (131.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Earth-Panda Advanced Magnetic Material Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.69.

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. Earth-Panda Advanced Magnetic Material Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.23.

Earth-Panda Advanced Magnetic Material Co Days Inventory Historical Data

The historical data trend for Earth-Panda Advanced Magnetic Material 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.

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Earth-Panda Advanced Magnetic Material Co Days Inventory Chart

Earth-Panda Advanced Magnetic Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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108.34

128.95

107.62

113.42

136.56

Earth-Panda Advanced Magnetic Material Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															150.06	144.28	117.74	104.63	131.66

Competitive Comparison of Earth-Panda Advanced Magnetic Material Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Earth-Panda Advanced Magnetic Material 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.

Earth-Panda Advanced Magnetic Material Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Earth-Panda Advanced Magnetic Material Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Earth-Panda Advanced Magnetic Material Co's Days Inventory falls into.

Earth-Panda Advanced Magnetic Material Co Days Inventory Calculation

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

Earth-Panda Advanced Magnetic Material 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
=	( (586.691	+	357.113)	/	2 )	/	1261.339	*	365
=	471.902					/	1261.339	*	365
=	136.56

Earth-Panda Advanced Magnetic Material Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (357.113	+	372.949)	/	2 )	/	252.998	*	365 / 4
=	365.031					/	252.998	*	365 / 4
=	131.66

Earth-Panda Advanced Magnetic Material Co (SHSE:688077) 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.

Earth-Panda Advanced Magnetic Material Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	252.998	/	365.031
	=	0.69

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.

Earth-Panda Advanced Magnetic Material Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	365.031	/	297.726
	=	1.23

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.

Earth-Panda Advanced Magnetic Material Co Days Inventory Related Terms

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Earth-Panda Advanced Magnetic Material Co (SHSE:688077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Earth-Panda Advanced Magnetic Material Co Ltd (SHSE:688077) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Lujiang High-tech Industrial Development Zone, Anhui, Hefei, CHN, 231500

Website

http://www.earth-panda.com

Earth-Panda Advanced Magnetic Material Co Ltd is engaged in production and sales of sintered NdFeB permanent magnet materials. Its products are sintered NdFeb magnet, bonded NdFeb magnet, rubber magnet, samarium cobalt magnet. Its products are used in various applications such as information, national defense, automobiles, wind power, various types of motors, instruments, medical equipments, magnetic machinery and various other fields.

Executives

Wang Zi Yi	senior management
Liu Ming Hui	senior management
Dong Xue Chun	Directors, senior managers
Tan Xin Bo	Directors, senior managers
Zhou Zhi Guo	Core technical personnel
Wang Yong Dong	Supervisors
Mo Kun Peng	Supervisors
Chen Jing Wu	Senior management, core technical personnel
Yi Xiao Fei	Directors, senior managers, core technical personn
Liu You Hao	Supervisors, core technical personnel
Cao Qing Xiang	Director
Xiong Yong Fei	Directors, senior managers

Earth-Panda Advanced Magnetic Material Co (SHSE:688077) Headlines

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