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Chengdu TangYuan Electric Co (SZSE:300789) Days Inventory : 351.61 (As of Mar. 2024)


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What is Chengdu TangYuan Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chengdu TangYuan Electric Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥216.8 Mil. Chengdu TangYuan Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥56.3 Mil. Hence, Chengdu TangYuan Electric Co's Days Inventory for the three months ended in Mar. 2024 was 351.61.

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

SZSE:300789' s Days Inventory Range Over the Past 10 Years
Min: 199.62   Med: 336.26   Max: 590.74
Current: 199.62

During the past 10 years, Chengdu TangYuan Electric Co's highest Days Inventory was 590.74. The lowest was 199.62. And the median was 336.26.

SZSE:300789's Days Inventory is ranked worse than
96.26% of 776 companies
in the Transportation industry
Industry Median: 11.41 vs SZSE:300789: 199.62

Chengdu TangYuan Electric Co's Days Inventory declined from Mar. 2023 (481.98) to Mar. 2024 (351.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chengdu TangYuan Electric Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Chengdu TangYuan Electric Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.37.


Chengdu TangYuan Electric Co Days Inventory Historical Data

The historical data trend for Chengdu TangYuan Electric 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.

Chengdu TangYuan Electric Co Days Inventory Chart

Chengdu TangYuan Electric 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 222.68 344.71 336.16 336.36 207.56

Chengdu TangYuan Electric 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 481.98 172.83 336.71 115.91 351.61

Competitive Comparison of Chengdu TangYuan Electric Co's Days Inventory

For the Railroads subindustry, Chengdu TangYuan Electric 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.


Chengdu TangYuan Electric Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chengdu TangYuan Electric Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chengdu TangYuan Electric Co's Days Inventory falls into.



Chengdu TangYuan Electric Co Days Inventory Calculation

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

Chengdu TangYuan Electric 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
=( (215.455 + 202.984) / 2 ) / 367.924*365
=209.2195 / 367.924*365
=207.56

Chengdu TangYuan Electric 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
=( (202.984 + 230.694) / 2 ) / 56.274*365 / 4
=216.839 / 56.274*365 / 4
=351.61

* 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.


Chengdu TangYuan Electric Co  (SZSE:300789) 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.

Chengdu TangYuan Electric 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.

Chengdu TangYuan Electric 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.


Chengdu TangYuan Electric Co Days Inventory Related Terms

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Chengdu TangYuan Electric Co (SZSE:300789) Business Description

Traded in Other Exchanges
N/A
Address
No. 355, Wuxing 5th Road, A1-1-9, West Zhigu, Sichuan Province, Chengdu, CHN
Chengdu TangYuan Electric Co Ltd is a rail transit operation and maintenance solution provider. Its main business is traction power supply and public works engineering for the rail transit industry. It is also engaged in the development, manufacturing and sales of inspection and monitoring and information management systems.
Executives
Jin You Tao Executives
Wang Rui Feng Directors, executives
Yang Pin Supervisors
She Chao Fu Directors, executives

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