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Nantong Jianghai Capacitor Co (SZSE:002484) Days Inventory : 124.54 (As of Mar. 2024)


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What is Nantong Jianghai Capacitor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nantong Jianghai Capacitor Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,096 Mil. Nantong Jianghai Capacitor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥803 Mil. Hence, Nantong Jianghai Capacitor Co's Days Inventory for the three months ended in Mar. 2024 was 124.54.

The historical rank and industry rank for Nantong Jianghai Capacitor Co's Days Inventory or its related term are showing as below:

SZSE:002484' s Days Inventory Range Over the Past 10 Years
Min: 85.18   Med: 105.25   Max: 115.52
Current: 115.52

During the past 13 years, Nantong Jianghai Capacitor Co's highest Days Inventory was 115.52. The lowest was 85.18. And the median was 105.25.

SZSE:002484's Days Inventory is ranked better than
52.98% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs SZSE:002484: 115.52

Nantong Jianghai Capacitor Co's Days Inventory increased from Mar. 2023 (119.39) to Mar. 2024 (124.54). It might indicate that Nantong Jianghai Capacitor Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nantong Jianghai Capacitor Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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. Nantong Jianghai Capacitor Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.04.


Nantong Jianghai Capacitor Co Days Inventory Historical Data

The historical data trend for Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor Co Days Inventory Chart

Nantong Jianghai Capacitor 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 102.08 110.48 106.64 109.96 114.74

Nantong Jianghai Capacitor 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 119.39 107.82 104.48 128.07 124.54

Competitive Comparison of Nantong Jianghai Capacitor Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Nantong Jianghai Capacitor 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.


Nantong Jianghai Capacitor Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nantong Jianghai Capacitor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nantong Jianghai Capacitor Co's Days Inventory falls into.



Nantong Jianghai Capacitor Co Days Inventory Calculation

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

Nantong Jianghai Capacitor 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
=( (1153.357 + 1098.376) / 2 ) / 3581.565*365
=1125.8665 / 3581.565*365
=114.74

Nantong Jianghai Capacitor 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
=( (1098.376 + 1094.181) / 2 ) / 803.223*365 / 4
=1096.2785 / 803.223*365 / 4
=124.54

* 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.


Nantong Jianghai Capacitor Co  (SZSE:002484) 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.

Nantong Jianghai Capacitor 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.

Nantong Jianghai Capacitor 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.


Nantong Jianghai Capacitor Co Days Inventory Related Terms

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


Nantong Jianghai Capacitor Co (SZSE:002484) Business Description

Traded in Other Exchanges
N/A
Address
No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361
Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.
Executives
Lu Jun Directors, executives
Shao Guo Zhu Executives
Ding Ji Hua Directors, executives
Gu Hong Zhong Executives
Gu Yi Ming Executives
Wang Jun Executives
Xu Yong Hua Executives
Wang Han Ming Directors, executives
Xu You Long Independent director
Song Guo Hua Supervisors
Chen Wei Dong Director
Shao Mei Juan Supervisors
Chen Zhong Yi Independent director
Cheng Zhi Ming Independent director

Nantong Jianghai Capacitor Co (SZSE:002484) Headlines

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