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Wuxi Autowell Technology Co (SHSE:688516) Days Inventory : 552.14 (As of Mar. 2024)


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What is Wuxi Autowell Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wuxi Autowell Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥7,783 Mil. Wuxi Autowell Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,286 Mil. Hence, Wuxi Autowell Technology Co's Days Inventory for the three months ended in Mar. 2024 was 552.14.

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

SHSE:688516' s Days Inventory Range Over the Past 10 Years
Min: 188.19   Med: 393.75   Max: 2518
Current: 522.22

During the past 10 years, Wuxi Autowell Technology Co's highest Days Inventory was 2518.00. The lowest was 188.19. And the median was 393.75.

SHSE:688516's Days Inventory is ranked worse than
94.49% of 944 companies
in the Semiconductors industry
Industry Median: 130.215 vs SHSE:688516: 522.22

Wuxi Autowell Technology Co's Days Inventory declined from Mar. 2023 (591.20) to Mar. 2024 (552.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuxi Autowell Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.17.

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 Autowell Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.96.


Wuxi Autowell Technology Co Days Inventory Historical Data

The historical data trend for Wuxi Autowell Technology 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 Autowell Technology Co Days Inventory Chart

Wuxi Autowell Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.33 467.36 448.17 484.52 525.63

Wuxi Autowell Technology 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 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 591.20 518.40 540.45 503.34 552.14

Competitive Comparison of Wuxi Autowell Technology Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Wuxi Autowell Technology 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 Autowell Technology Co's Days Inventory Distribution in the Semiconductors Industry

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

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



Wuxi Autowell Technology Co Days Inventory Calculation

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

Wuxi Autowell Technology 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
=( (3887.966 + 7629.583) / 2 ) / 3998.913*365
=5758.7745 / 3998.913*365
=525.63

Wuxi Autowell Technology 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
=( (7629.583 + 7935.421) / 2 ) / 1286.192*365 / 4
=7782.502 / 1286.192*365 / 4
=552.14

* 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 Autowell Technology Co  (SHSE:688516) 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 Autowell Technology Co's Inventory Turnover for the three months ended in Mar. 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 Autowell Technology Co's Inventory to Revenue for the three months ended in Mar. 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 Autowell Technology Co Days Inventory Related Terms

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


Wuxi Autowell Technology Co (SHSE:688516) Business Description

Traded in Other Exchanges
N/A
Address
No. 25 Zhujiang Road, New District, Jiangsu Province, Wuxi, CHN
Wuxi Autowell Technology Co Ltd is an automation solution provider. The company provides photovoltaic companies with string welding machines, laser scribing machines, silicon wafer sorting machines and other automation equipment. Its products include Photovoltaic equipment and Lithium battery equipment.
Executives
Zhu Xiong Hui Director
Meng Chun Jin Supervisors
Jiang Xuan Core technical personnel
Cheng Lin Xing Core technical personnel

Wuxi Autowell Technology Co (SHSE:688516) Headlines

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