GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shenzhen Nanshan Power Co Ltd (SZSE:000037) » Definitions » Days Inventory

Shenzhen Nanshan Power Co (SZSE:000037) Days Inventory : 87.92 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Shenzhen Nanshan Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Nanshan Power Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥84.7 Mil. Shenzhen Nanshan Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥87.9 Mil. Hence, Shenzhen Nanshan Power Co's Days Inventory for the three months ended in Mar. 2024 was 87.92.

The historical rank and industry rank for Shenzhen Nanshan Power Co's Days Inventory or its related term are showing as below:

SZSE:000037' s Days Inventory Range Over the Past 10 Years
Min: 15.43   Med: 47.27   Max: 269.78
Current: 57.33

During the past 13 years, Shenzhen Nanshan Power Co's highest Days Inventory was 269.78. The lowest was 15.43. And the median was 47.27.

SZSE:000037's Days Inventory is ranked worse than
79.23% of 467 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs SZSE:000037: 57.33

Shenzhen Nanshan Power Co's Days Inventory increased from Mar. 2023 (61.39) to Mar. 2024 (87.92). It might indicate that Shenzhen Nanshan Power Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Nanshan Power Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.04.

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. Shenzhen Nanshan Power Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.05.


Shenzhen Nanshan Power Co Days Inventory Historical Data

The historical data trend for Shenzhen Nanshan 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.

* Premium members only.

Shenzhen Nanshan Power Co Days Inventory Chart

Shenzhen Nanshan Power 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 42.87 51.67 40.51 39.41 53.81

Shenzhen Nanshan Power 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 61.39 49.04 49.45 57.03 87.92

Competitive Comparison of Shenzhen Nanshan Power Co's Days Inventory

For the Utilities - Regulated Electric subindustry, Shenzhen Nanshan 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.


Shenzhen Nanshan Power Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenzhen Nanshan Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Nanshan Power Co's Days Inventory falls into.



Shenzhen Nanshan Power Co Days Inventory Calculation

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

Shenzhen Nanshan Power 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
=( (85.279 + 86.158) / 2 ) / 581.442*365
=85.7185 / 581.442*365
=53.81

Shenzhen Nanshan Power 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
=( (86.158 + 83.171) / 2 ) / 87.874*365 / 4
=84.6645 / 87.874*365 / 4
=87.92

* 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.


Shenzhen Nanshan Power Co  (SZSE:000037) 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.

Shenzhen Nanshan Power 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.

Shenzhen Nanshan Power 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.


Shenzhen Nanshan Power Co Days Inventory Related Terms

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


Shenzhen Nanshan Power Co (SZSE:000037) Business Description

Traded in Other Exchanges
Address
OCT, Nanshan District, 16th-17th Floor, Hantang Building, Guangdong Province, Shenzhen, CHN, 518053
Shenzhen Nanshan Power Co Ltd is engaged in power and thermal supply, as well as providing technical consulting and technical services for power stations. The company has two wholly-owned or holding gas turbine plants, which are equipped with seven sets of 9E gas-steam combined cycle power generating units. These two gas turbine plants are all located in the power load center of the Pearl River Delta area, which is the main peaking power source in their areas. Its segments include Power and Heat Supply, Fuel Oil Trade, and other business.
Executives
Ye Qi Liang Supervisors
Wu Dong Xiang Directors, executives
Huang Jian Executives
Yang Hai Xian Director
Yang Wen Hua Director
Li Hong Sheng Director
Peng Bo Supervisors
Wang Ren Dong Executives

Shenzhen Nanshan Power Co (SZSE:000037) Headlines

No Headlines