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Hangzhou Hota M&E Holdings Co (SZSE:001225) Days Inventory : 180.72 (As of Mar. 2024)


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What is Hangzhou Hota M&E Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Hota M&E Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥108.6 Mil. Hangzhou Hota M&E Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥54.8 Mil. Hence, Hangzhou Hota M&E Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 180.72.

The historical rank and industry rank for Hangzhou Hota M&E Holdings Co's Days Inventory or its related term are showing as below:

SZSE:001225' s Days Inventory Range Over the Past 10 Years
Min: 129.16   Med: 151.31   Max: 190.51
Current: 178.63

During the past 6 years, Hangzhou Hota M&E Holdings Co's highest Days Inventory was 190.51. The lowest was 129.16. And the median was 151.31.

SZSE:001225's Days Inventory is ranked worse than
70.77% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs SZSE:001225: 178.63

Hangzhou Hota M&E Holdings Co's Days Inventory increased from Mar. 2023 (156.59) to Mar. 2024 (180.72). It might indicate that Hangzhou Hota M&E Holdings Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Hota M&E Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.50.

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. Hangzhou Hota M&E Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.30.


Hangzhou Hota M&E Holdings Co Days Inventory Historical Data

The historical data trend for Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings Co Days Inventory Chart

Hangzhou Hota M&E Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 142.62 129.16 150.09 166.80 190.51

Hangzhou Hota M&E Holdings Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 156.59 148.08 246.06 169.43 180.72

Competitive Comparison of Hangzhou Hota M&E Holdings Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Hangzhou Hota M&E Holdings 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.


Hangzhou Hota M&E Holdings Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Hota M&E Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Hota M&E Holdings Co's Days Inventory falls into.



Hangzhou Hota M&E Holdings Co Days Inventory Calculation

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

Hangzhou Hota M&E Holdings 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
=( (129.095 + 115.135) / 2 ) / 233.956*365
=122.115 / 233.956*365
=190.51

Hangzhou Hota M&E Holdings 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
=( (115.135 + 101.987) / 2 ) / 54.814*365 / 4
=108.561 / 54.814*365 / 4
=180.72

* 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.


Hangzhou Hota M&E Holdings Co  (SZSE:001225) 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.

Hangzhou Hota M&E Holdings 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.

Hangzhou Hota M&E Holdings 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.


Hangzhou Hota M&E Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hangzhou Hota M&E Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Hota M&E Holdings Co (SZSE:001225) Business Description

Traded in Other Exchanges
N/A
Address
No. 1201, Tonghui North Road, Ningwei Street, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Hangzhou Hota M&E Holdings Co Ltd is engaged in the research and development, design, manufacture and sales of material handling equipment. The company's main products include plate chain bucket elevators, belt bucket elevators and other series of conveying equipment and accessories, which are widely used in cement building materials, ports, steel, chemical and other industries, providing customers with environmentally friendly and efficient bulk materials Handling solutions.

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