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Dianguang Explosion-proof Technology Co (SZSE:002730) Days Inventory : 181.66 (As of Mar. 2024)


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What is Dianguang Explosion-proof Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dianguang Explosion-proof Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥286 Mil. Dianguang Explosion-proof Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥143 Mil. Hence, Dianguang Explosion-proof Technology Co's Days Inventory for the three months ended in Mar. 2024 was 181.66.

The historical rank and industry rank for Dianguang Explosion-proof Technology Co's Days Inventory or its related term are showing as below:

SZSE:002730' s Days Inventory Range Over the Past 10 Years
Min: 85.33   Med: 99.77   Max: 140.71
Current: 136.71

During the past 13 years, Dianguang Explosion-proof Technology Co's highest Days Inventory was 140.71. The lowest was 85.33. And the median was 99.77.

SZSE:002730's Days Inventory is ranked worse than
56.76% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs SZSE:002730: 136.71

Dianguang Explosion-proof Technology Co's Days Inventory increased from Mar. 2023 (146.46) to Mar. 2024 (181.66). It might indicate that Dianguang Explosion-proof Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dianguang Explosion-proof Technology 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. Dianguang Explosion-proof Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.13.


Dianguang Explosion-proof Technology Co Days Inventory Historical Data

The historical data trend for Dianguang Explosion-proof Technology 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.

Dianguang Explosion-proof Technology Co Days Inventory Chart

Dianguang Explosion-proof Technology 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 85.72 91.88 85.33 97.17 123.27

Dianguang Explosion-proof Technology 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 146.46 132.83 137.15 110.12 181.66

Competitive Comparison of Dianguang Explosion-proof Technology Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Dianguang Explosion-proof Technology 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.


Dianguang Explosion-proof Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dianguang Explosion-proof Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dianguang Explosion-proof Technology Co's Days Inventory falls into.



Dianguang Explosion-proof Technology Co Days Inventory Calculation

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

Dianguang Explosion-proof Technology 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
=( (270.291 + 272.248) / 2 ) / 803.215*365
=271.2695 / 803.215*365
=123.27

Dianguang Explosion-proof Technology 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
=( (272.248 + 299.008) / 2 ) / 143.473*365 / 4
=285.628 / 143.473*365 / 4
=181.66

* 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.


Dianguang Explosion-proof Technology Co  (SZSE:002730) 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.

Dianguang Explosion-proof Technology 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.

Dianguang Explosion-proof Technology 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.


Dianguang Explosion-proof Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Dianguang Explosion-proof Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Dianguang Explosion-proof Technology Co (SZSE:002730) Business Description

Traded in Other Exchanges
N/A
Address
Road Wei 5th, Yueqing Economic Development District, Zhejiang Province, Wenzhou, CHN, 325600
Dianguang Explosion-proof Technology Co Ltd is a China-based explosion protection electrical appliance manufacturer. The company is engaged in the research and development, production, sales, and services of explosion protection electrical appliances. Its product offerings include weatherproof manipulator, explosion protection metal halide lamp, explosion protection floodlight, mining explosion-proof cap lamp, H.V. vacuum breaker, weatherproof distribution box, explosion protection luminescent lighting, explosion protection connection chamber, mining explosion-proof movable substation, among others. Its products are used in coal mine, hazardous zone, marine solutions, weatherproof and application sectors.
Executives
Shi Peng Director
Shi Long Director
Shi Xiao Xia Director
Shi Sui Biao Director
Zhu Dan Supervisors
Wu Feng Tao Independent director

Dianguang Explosion-proof Technology Co (SZSE:002730) Headlines

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