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NanFeng Ventilator Co (SZSE:300004) Days Inventory : 246.38 (As of Mar. 2024)


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What is NanFeng Ventilator Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NanFeng Ventilator Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥211.5 Mil. NanFeng Ventilator Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥78.3 Mil. Hence, NanFeng Ventilator Co's Days Inventory for the three months ended in Mar. 2024 was 246.38.

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

SZSE:300004' s Days Inventory Range Over the Past 10 Years
Min: 220.66   Med: 324.18   Max: 431.85
Current: 227.25

During the past 13 years, NanFeng Ventilator Co's highest Days Inventory was 431.85. The lowest was 220.66. And the median was 324.18.

SZSE:300004's Days Inventory is ranked worse than
80.83% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:300004: 227.25

NanFeng Ventilator Co's Days Inventory declined from Mar. 2023 (539.58) to Mar. 2024 (246.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. NanFeng Ventilator Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.37.

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. NanFeng Ventilator Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.89.


NanFeng Ventilator Co Days Inventory Historical Data

The historical data trend for NanFeng 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.

NanFeng Ventilator Co Days Inventory Chart

NanFeng 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 405.57 431.85 264.93 285.52 220.66

NanFeng Ventilator 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 539.58 283.13 309.90 146.30 246.38

Competitive Comparison of NanFeng Ventilator Co's Days Inventory

For the Specialty Industrial Machinery subindustry, NanFeng 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.


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

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

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



NanFeng Ventilator Co Days Inventory Calculation

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

NanFeng 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
=( (210.095 + 201.695) / 2 ) / 340.57*365
=205.895 / 340.57*365
=220.66

NanFeng Ventilator 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
=( (201.695 + 221.282) / 2 ) / 78.327*365 / 4
=211.4885 / 78.327*365 / 4
=246.38

* 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.


NanFeng Ventilator Co  (SZSE:300004) 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.

NanFeng Ventilator 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.

NanFeng Ventilator 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.


NanFeng Ventilator Co Days Inventory Related Terms

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


NanFeng Ventilator Co (SZSE:300004) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Sanhuan West Road, Xiaotang, Nanhai District, Guangdong Province,, Foshan, CHN, 528222
NanFeng Ventilator Co Ltd is engaged in the development, manufacturing, and distribution of fan products and air treatment systems in China.
Executives
Xiao Bing Independent director
Yang Zi Jiang Directors, executives
Liu Ji Zhao Supervisors
Yang Zi Shan Directors, executives
Zhou Yan Min Director
Li Ping Director
Deng Jian Wei Director

NanFeng Ventilator Co (SZSE:300004) Headlines

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