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Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Days Inventory : 299.17 (As of Mar. 2024)


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What is Sichuan Kexin Mechanical and Electrical Equipment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Kexin Mechanical and Electrical Equipment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥620 Mil. Sichuan Kexin Mechanical and Electrical Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥189 Mil. Hence, Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 299.17.

The historical rank and industry rank for Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory or its related term are showing as below:

SZSE:300092' s Days Inventory Range Over the Past 10 Years
Min: 122.99   Med: 191.61   Max: 233.54
Current: 218.26

During the past 13 years, Sichuan Kexin Mechanical and Electrical Equipment Co's highest Days Inventory was 233.54. The lowest was 122.99. And the median was 191.61.

SZSE:300092's Days Inventory is ranked worse than
79.2% of 2904 companies
in the Industrial Products industry
Industry Median: 121.915 vs SZSE:300092: 218.26

Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory increased from Mar. 2023 (184.37) to Mar. 2024 (299.17). It might indicate that Sichuan Kexin Mechanical and Electrical Equipment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.31.

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. Sichuan Kexin Mechanical and Electrical Equipment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.25.


Sichuan Kexin Mechanical and Electrical Equipment Co Days Inventory Historical Data

The historical data trend for Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment Co Days Inventory Chart

Sichuan Kexin Mechanical and Electrical Equipment 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 174.54 213.10 188.59 227.17 195.38

Sichuan Kexin Mechanical and Electrical Equipment 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 184.37 191.03 185.59 228.58 299.17

Competitive Comparison of Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Sichuan Kexin Mechanical and Electrical Equipment 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.


Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory falls into.



Sichuan Kexin Mechanical and Electrical Equipment Co Days Inventory Calculation

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

Sichuan Kexin Mechanical and Electrical Equipment 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
=( (612.607 + 614.338) / 2 ) / 1146.073*365
=613.4725 / 1146.073*365
=195.38

Sichuan Kexin Mechanical and Electrical Equipment 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
=( (614.338 + 626.005) / 2 ) / 189.159*365 / 4
=620.1715 / 189.159*365 / 4
=299.17

* 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.


Sichuan Kexin Mechanical and Electrical Equipment Co  (SZSE:300092) 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.

Sichuan Kexin Mechanical and Electrical Equipment 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.

Sichuan Kexin Mechanical and Electrical Equipment 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.


Sichuan Kexin Mechanical and Electrical Equipment Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Sichuan Kexin Mechanical and Electrical Equipment Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Business Description

Traded in Other Exchanges
N/A
Address
No.21 Western Tuojiang Road, Economic Development Zone, Shifang, Sichuan, Deyang, CHN, 608407
Sichuan Kexin Mechanical and Electrical Equipment Co Ltd designs, manufactures, installs and sells pressure vessels.
Executives
Qiang Kai Director
Yang Duo Rong Secretary Dong
Tang Kai Director
Li Yong Directors, executives
Ceng Xiao Wei Securities Affairs Representative
Lin Zhen Rong Director
Lin Zhen Hua Director
Li Chun Qi Executives
Tang Wang Guo Supervisors
Wang Xiao Ming Directors, executives
Chen Fang Director
Zhao Pi Long Director

Sichuan Kexin Mechanical and Electrical Equipment Co (SZSE:300092) Headlines

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