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FAWER Automotive Parts Co (SZSE:000030) Days Inventory : 34.87 (As of Mar. 2024)


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What is FAWER Automotive Parts Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FAWER Automotive Parts Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,283 Mil. FAWER Automotive Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,357 Mil. Hence, FAWER Automotive Parts Co's Days Inventory for the three months ended in Mar. 2024 was 34.87.

The historical rank and industry rank for FAWER Automotive Parts Co's Days Inventory or its related term are showing as below:

SZSE:000030' s Days Inventory Range Over the Past 10 Years
Min: 33.26   Med: 38.34   Max: 60.07
Current: 34.07

During the past 13 years, FAWER Automotive Parts Co's highest Days Inventory was 60.07. The lowest was 33.26. And the median was 38.34.

SZSE:000030's Days Inventory is ranked better than
88.82% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs SZSE:000030: 34.07

FAWER Automotive Parts Co's Days Inventory declined from Mar. 2023 (49.27) to Mar. 2024 (34.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. FAWER Automotive Parts Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.62.

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. FAWER Automotive Parts Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


FAWER Automotive Parts Co Days Inventory Historical Data

The historical data trend for FAWER Automotive Parts 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.

FAWER Automotive Parts Co Days Inventory Chart

FAWER Automotive Parts Co 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 34.60 37.34 34.98 39.33 33.26

FAWER Automotive Parts 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 49.27 41.30 33.84 28.36 34.87

Competitive Comparison of FAWER Automotive Parts Co's Days Inventory

For the Auto Parts subindustry, FAWER Automotive Parts 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.


FAWER Automotive Parts Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FAWER Automotive Parts Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where FAWER Automotive Parts Co's Days Inventory falls into.



FAWER Automotive Parts Co Days Inventory Calculation

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

FAWER Automotive Parts 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
=( (1338.742 + 1244.08) / 2 ) / 14174.246*365
=1291.411 / 14174.246*365
=33.26

FAWER Automotive Parts 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
=( (1244.08 + 1321.651) / 2 ) / 3357.119*365 / 4
=1282.8655 / 3357.119*365 / 4
=34.87

* 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.


FAWER Automotive Parts Co  (SZSE:000030) 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.

FAWER Automotive Parts 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.

FAWER Automotive Parts 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.


FAWER Automotive Parts Co Days Inventory Related Terms

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


FAWER Automotive Parts Co (SZSE:000030) Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co (SZSE:000030) Headlines

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