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Fujian Nebula Electronics Co (SZSE:300648) Days Inventory : 235.41 (As of Sep. 2024)


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What is Fujian Nebula Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fujian Nebula Electronics Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥360 Mil. Fujian Nebula Electronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥140 Mil. Hence, Fujian Nebula Electronics Co's Days Inventory for the three months ended in Sep. 2024 was 235.41.

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

SZSE:300648' s Days Inventory Range Over the Past 10 Years
Min: 158.77   Med: 237.76   Max: 392.13
Current: 211.25

During the past 12 years, Fujian Nebula Electronics Co's highest Days Inventory was 392.13. The lowest was 158.77. And the median was 237.76.

SZSE:300648's Days Inventory is ranked worse than
78.51% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs SZSE:300648: 211.25

Fujian Nebula Electronics Co's Days Inventory declined from Sep. 2023 (253.03) to Sep. 2024 (235.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujian Nebula Electronics Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.39.

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. Fujian Nebula Electronics Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.50.


Fujian Nebula Electronics Co Days Inventory Historical Data

The historical data trend for Fujian Nebula Electronics 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.

Fujian Nebula Electronics Co Days Inventory Chart

Fujian Nebula Electronics 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 269.21 205.62 219.80 158.77 235.60

Fujian Nebula Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 253.03 225.89 334.43 140.43 235.41

Competitive Comparison of Fujian Nebula Electronics Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Fujian Nebula Electronics 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.


Fujian Nebula Electronics Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Fujian Nebula Electronics Co's Days Inventory falls into.



Fujian Nebula Electronics Co Days Inventory Calculation

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

Fujian Nebula Electronics 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
=( (444.54 + 401.905) / 2 ) / 655.662*365
=423.2225 / 655.662*365
=235.60

Fujian Nebula Electronics Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (358.6 + 361.919) / 2 ) / 139.645*365 / 4
=360.2595 / 139.645*365 / 4
=235.41

* 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.


Fujian Nebula Electronics Co  (SZSE:300648) 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.

Fujian Nebula Electronics Co's Inventory Turnover for the three months ended in Sep. 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.

Fujian Nebula Electronics Co's Inventory to Revenue for the three months ended in Sep. 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.


Fujian Nebula Electronics Co Days Inventory Related Terms

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


Fujian Nebula Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Shishi Road, Ma'an Avenue, Xingyun Science and Technology Park, Building 1-4, Mawei District, Fujian Province, Fuzhou, CHN, 350015
Fujian Nebula Electronics Co Ltd is a Chinese company engaged in the production and sales of lithium battery testing equipment, bidirectional converters and lithium battery packs. The company's products include lithium battery pack protection board test equipment, lithium battery pack semi-finished products, lithium battery pack charge and discharge test equipment, power lithium battery pack BMS (Battery Management System battery management system) test equipment, power lithium Battery pack EOL (End Of Line offline) test equipment, and others.
Executives
Tang Ping Directors, executives
Jiang Mei Zhu Director
Yi Jun Sheng Supervisors

Fujian Nebula Electronics Co Headlines

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