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China Everbright Greentech (STU:CK7) Days Inventory : 24.38 (As of Jun. 2024)


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What is China Everbright Greentech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Everbright Greentech's Average Total Inventories for the six months ended in Jun. 2024 was €44.9 Mil. China Everbright Greentech's Cost of Goods Sold for the six months ended in Jun. 2024 was €336.0 Mil. Hence, China Everbright Greentech's Days Inventory for the six months ended in Jun. 2024 was 24.38.

The historical rank and industry rank for China Everbright Greentech's Days Inventory or its related term are showing as below:

STU:CK7' s Days Inventory Range Over the Past 10 Years
Min: 7.14   Med: 11.03   Max: 24.5
Current: 24.5

During the past 10 years, China Everbright Greentech's highest Days Inventory was 24.50. The lowest was 7.14. And the median was 11.03.

STU:CK7's Days Inventory is ranked better than
57.74% of 336 companies
in the Utilities - Independent Power Producers industry
Industry Median: 32.315 vs STU:CK7: 24.50

China Everbright Greentech's Days Inventory declined from Jun. 2023 (25.32) to Jun. 2024 (24.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Everbright Greentech's Inventory Turnover for the six months ended in Jun. 2024 was 7.49.

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. China Everbright Greentech's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.11.


China Everbright Greentech Days Inventory Historical Data

The historical data trend for China Everbright Greentech'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.

China Everbright Greentech Days Inventory Chart

China Everbright Greentech 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 9.86 12.49 15.91 19.63 23.67

China Everbright Greentech Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 17.86 20.54 25.32 23.79 24.38

Competitive Comparison of China Everbright Greentech's Days Inventory

For the Utilities - Renewable subindustry, China Everbright Greentech'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.


China Everbright Greentech's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Everbright Greentech's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Everbright Greentech's Days Inventory falls into.



China Everbright Greentech Days Inventory Calculation

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

China Everbright Greentech'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
=( (45.833 + 42.817) / 2 ) / 683.568*365
=44.325 / 683.568*365
=23.67

China Everbright Greentech's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (42.817 + 46.954) / 2 ) / 335.972*365 / 2
=44.8855 / 335.972*365 / 2
=24.38

* 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.


China Everbright Greentech  (STU:CK7) 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.

China Everbright Greentech's Inventory Turnover for the six months ended in Jun. 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.

China Everbright Greentech's Inventory to Revenue for the six months ended in Jun. 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.


China Everbright Greentech Days Inventory Related Terms

Thank you for viewing the detailed overview of China Everbright Greentech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


China Everbright Greentech Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 3602, 36th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Greentech Ltd is an investment holding company. It operates in the following segments: Integrated biomass utilization project construction and operation; Hazardous and solid waste treatment project construction and operation; Environmental remediation project operation; Solar energy, and wind power project operation. The company derives the majority of its revenue from the integrated biomass utilization segment, which engages in the construction and operation of biomass direct combustion power generation projects, biomass heat supply projects, biomass electricity, and heat cogeneration projects, waste-to-energy projects, and integrated biomass and waste-to-energy project. Its geographical segments are China which generates key revenue, Hong Kong, and Germany.

China Everbright Greentech Headlines

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