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Zhejiang Yilida Ventilator Co (SZSE:002686) Days Inventory : 178.31 (As of Jun. 2024)


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What is Zhejiang Yilida Ventilator Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Yilida Ventilator Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥570 Mil. Zhejiang Yilida Ventilator Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥292 Mil. Hence, Zhejiang Yilida Ventilator Co's Days Inventory for the three months ended in Jun. 2024 was 178.31.

The historical rank and industry rank for Zhejiang Yilida Ventilator Co's Days Inventory or its related term are showing as below:

SZSE:002686' s Days Inventory Range Over the Past 10 Years
Min: 76.58   Med: 115.99   Max: 169.75
Current: 169.75

During the past 13 years, Zhejiang Yilida Ventilator Co's highest Days Inventory was 169.75. The lowest was 76.58. And the median was 115.99.

SZSE:002686's Days Inventory is ranked worse than
69.4% of 2925 companies
in the Industrial Products industry
Industry Median: 120.21 vs SZSE:002686: 169.75

Zhejiang Yilida Ventilator Co's Days Inventory increased from Jun. 2023 (170.16) to Jun. 2024 (178.31). It might indicate that Zhejiang Yilida Ventilator Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Yilida Ventilator Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.51.

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. Zhejiang Yilida Ventilator Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.45.


Zhejiang Yilida Ventilator Co Days Inventory Historical Data

The historical data trend for Zhejiang Yilida Ventilator 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.

Zhejiang Yilida Ventilator Co Days Inventory Chart

Zhejiang Yilida Ventilator 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 121.53 127.21 118.19 130.33 158.00

Zhejiang Yilida Ventilator Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 170.16 149.03 139.83 237.34 178.31

Competitive Comparison of Zhejiang Yilida Ventilator Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Zhejiang Yilida Ventilator 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.


Zhejiang Yilida Ventilator Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yilida Ventilator Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Yilida Ventilator Co's Days Inventory falls into.



Zhejiang Yilida Ventilator Co Days Inventory Calculation

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

Zhejiang Yilida Ventilator 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
=( (531.261 + 524.277) / 2 ) / 1219.183*365
=527.769 / 1219.183*365
=158.00

Zhejiang Yilida Ventilator Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (558.875 + 581.516) / 2 ) / 291.795*365 / 4
=570.1955 / 291.795*365 / 4
=178.31

* 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.


Zhejiang Yilida Ventilator Co  (SZSE:002686) 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.

Zhejiang Yilida Ventilator Co's Inventory Turnover for the three months ended in Jun. 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.

Zhejiang Yilida Ventilator Co's Inventory to Revenue for the three months ended in Jun. 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.


Zhejiang Yilida Ventilator Co Days Inventory Related Terms

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


Zhejiang Yilida Ventilator Co Business Description

Traded in Other Exchanges
N/A
Address
Hengjie,luqiao District, Taizhou City, CHN, 318056
Zhejiang Yilida Ventilator Co Ltd is a manufacturer of energy-consuming products. The company is mainly engaged in the development and production of air-conditioning and engineering fans. The company's brands include yilida, Wolter, Fu Lihua and Mal. It supplies air moving products to the major heating, ventilation, and air conditioning companies worldwide. Its products are widely used in the commercial buildings including supply and exhaust, AHU, smoke extraction and fire safety applications.
Executives
Jiang Lan Executives
Chen Xin Quan Director
Luo Yang Qian Securities Affairs Representative
Huang Can Director
Xu Xiao Bo Supervisors
Li Jun Zhou Directors, executives

Zhejiang Yilida Ventilator Co Headlines

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