The historical rank and industry rank for Weichai Power Co's Days Inventory or its related term are showing as below:
STU:WI4'
s Days Inventory Range Over the Past 10 Years
Min: 54.23 Med: 66.28 Max: 87.19
Current: 80.05
During the past 13 years, Weichai Power Co's highest Days Inventory was 87.19. The lowest was 54.23. And the median was 66.28.
STU:WI4's Days Inventory is ranked better than 50.87% of 1270
companies
in the Vehicles & Parts industry
Industry Median: 80.68
vs STU:WI4: 80.05
Weichai Power Co's Days Inventory
increased
from Sep. 2023 (76.65) to Sep. 2024 (84.62).
It might indicate that Weichai Power Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Weichai Power Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.08.
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.
Weichai Power Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.72.
Weichai Power Co Days Inventory Historical Data
The historical data trend for Weichai 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.
Competitive Comparison of Weichai Power Co's Days Inventory
For the Auto Manufacturers subindustry, Weichai 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.
Weichai Power Co's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Weichai Power Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Weichai Power Co's Days Inventory falls into.
Weichai Power Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Weichai Power Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Weichai Power Co (STU:WI4) 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.
Weichai 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.
Weichai 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.
Weichai Power Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Weichai Power Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Weichai Power Co Ltd is an industrial technology company that offers vehicles and equipment manufacturing, and logistics and supply chain services in China. The operating segments of the company are; Engines segment which includes the manufacturing and sale of engines and related parts; Automobiles and automobile components which includes the manufacturing and sale of automobiles and automobile components other than Engines; Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles, and related parts; and the Intelligent logistics segment which generates key revenue, includes forklift trucks production, warehousing technology, and supply chain solution services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:WI4 has been successfully added to your 