Crystal Growth and Energy Equipment (SHSE:688478) Days Inventory : 272.59 (As of Sep. 2024)

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What is Crystal Growth and Energy Equipment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crystal Growth and Energy Equipment's Average Total Inventories for the three months ended in Sep. 2024 was ¥279.6 Mil. Crystal Growth and Energy Equipment's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥93.6 Mil. Hence, Crystal Growth and Energy Equipment's Days Inventory for the three months ended in Sep. 2024 was 272.59.

The historical rank and industry rank for Crystal Growth and Energy Equipment's Days Inventory or its related term are showing as below:

SHSE:688478' s Days Inventory Range Over the Past 10 Years
Min: 151.44 Med: 207.51 Max: 1335.87
Current: 281.44

During the past 5 years, Crystal Growth and Energy Equipment's highest Days Inventory was 1335.87. The lowest was 151.44. And the median was 207.51.

SHSE:688478's Days Inventory is ranked worse than
87.5% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs SHSE:688478: 281.44

Crystal Growth and Energy Equipment's Days Inventory increased from Sep. 2023 (182.97) to Sep. 2024 (272.59). It might indicate that Crystal Growth and Energy Equipment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crystal Growth and Energy Equipment's Inventory Turnover for the three months ended in Sep. 2024 was 0.33.

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. Crystal Growth and Energy Equipment's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.21.

Crystal Growth and Energy Equipment Days Inventory Historical Data

The historical data trend for Crystal Growth and Energy Equipment'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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Crystal Growth and Energy Equipment Days Inventory Chart

Crystal Growth and Energy Equipment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

1,335.87

207.51

151.44

181.51

241.23

Crystal Growth and Energy Equipment Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial											182.97	180.05	505.97	337.53	272.59

Competitive Comparison of Crystal Growth and Energy Equipment's Days Inventory

For the Specialty Industrial Machinery subindustry, Crystal Growth and Energy Equipment'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.

Crystal Growth and Energy Equipment's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crystal Growth and Energy Equipment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Crystal Growth and Energy Equipment's Days Inventory falls into.

Crystal Growth and Energy Equipment Days Inventory Calculation

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

Crystal Growth and Energy Equipment'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
=	( (74.968	+	281.739)	/	2 )	/	269.861	*	365
=	178.3535					/	269.861	*	365
=	241.23

Crystal Growth and Energy Equipment'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
=	( (291.962	+	267.265)	/	2 )	/	93.601	*	365 / 4
=	279.6135					/	93.601	*	365 / 4
=	272.59

Crystal Growth and Energy Equipment (SHSE:688478) 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.

Crystal Growth and Energy Equipment's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	93.601	/	279.6135
	=	0.33

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.

Crystal Growth and Energy Equipment's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	279.6135	/	126.601
	=	2.21

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.

Crystal Growth and Energy Equipment Days Inventory Related Terms

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

Crystal Growth and Energy Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crystal Growth and Energy Equipment Inc (SHSE:688478) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongfeng Science and Technology Park, Economic and Technological Development Zone, Jiangsu Province, West side of Building B4, Nanjing, CHN, 210000

Website

http://www.cgee.com.cn

Crystal Growth and Energy Equipment Inc specializes in the development of 8-12-inch semiconductor-grade silicon single crystal furnaces, 6-8-inch silicon carbide, gallium arsenide and other semiconductor material growth equipment and processes.

Crystal Growth and Energy Equipment Headlines

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