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General Elevator Co (SZSE:300931) Days Inventory : 348.73 (As of Mar. 2024)


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What is General Elevator Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). General Elevator Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥209.6 Mil. General Elevator Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥54.8 Mil. Hence, General Elevator Co's Days Inventory for the three months ended in Mar. 2024 was 348.73.

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

SZSE:300931' s Days Inventory Range Over the Past 10 Years
Min: 74.33   Med: 121.84   Max: 204.49
Current: 204.49

During the past 8 years, General Elevator Co's highest Days Inventory was 204.49. The lowest was 74.33. And the median was 121.84.

SZSE:300931's Days Inventory is ranked worse than
76.45% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs SZSE:300931: 204.49

General Elevator Co's Days Inventory increased from Mar. 2023 (254.60) to Mar. 2024 (348.73). It might indicate that General Elevator Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. General Elevator 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. General Elevator Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.77.


General Elevator Co Days Inventory Historical Data

The historical data trend for General Elevator 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.

General Elevator Co Days Inventory Chart

General Elevator Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 77.22 74.33 82.94 127.91 186.37

General Elevator Co Quarterly Data
Dec18 Jun19 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 254.60 152.85 203.05 188.71 348.73

Competitive Comparison of General Elevator Co's Days Inventory

For the Specialty Industrial Machinery subindustry, General Elevator 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.


General Elevator Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where General Elevator Co's Days Inventory falls into.



General Elevator Co Days Inventory Calculation

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

General Elevator 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
=( (131.802 + 208.592) / 2 ) / 333.319*365
=170.197 / 333.319*365
=186.37

General Elevator 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
=( (208.592 + 210.534) / 2 ) / 54.835*365 / 4
=209.563 / 54.835*365 / 4
=348.73

* 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.


General Elevator Co  (SZSE:300931) 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.

General Elevator 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.

General Elevator 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.


General Elevator Co Days Inventory Related Terms

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


General Elevator Co (SZSE:300931) Business Description

Traded in Other Exchanges
N/A
Address
Gangdong Development Zone, Qidu Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200
General Elevator Co Ltd is engaged in the design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators, and moving walks.
Executives
Li Biao Directors, executives
Gu Yue Jiang Director
Zhang Jian Lin Directors, executives
Sun Jian Ping Director

General Elevator Co (SZSE:300931) Headlines

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