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UCAR (U Power) Days Inventory : 156.96 (As of Dec. 2023)


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What is U Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). U Power's Average Total Inventories for the six months ended in Dec. 2023 was $0.84 Mil. U Power's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.98 Mil. Hence, U Power's Days Inventory for the six months ended in Dec. 2023 was 156.96.

The historical rank and industry rank for U Power's Days Inventory or its related term are showing as below:

UCAR' s Days Inventory Range Over the Past 10 Years
Min: 265.25   Med: 484.18   Max: 716.63
Current: 282.36

During the past 4 years, U Power's highest Days Inventory was 716.63. The lowest was 265.25. And the median was 484.18.

UCAR's Days Inventory is ranked worse than
95.28% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 80.115 vs UCAR: 282.36

U Power's Days Inventory declined from Dec. 2022 (802.89) to Dec. 2023 (156.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. U Power's Inventory Turnover for the six months ended in Dec. 2023 was 1.16.

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. U Power's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.


U Power Days Inventory Historical Data

The historical data trend for U Power'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.

U Power Days Inventory Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 484.18 716.63 265.25

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 497.11 964.90 802.89 1,852.16 156.96

Competitive Comparison of U Power's Days Inventory

For the Auto & Truck Dealerships subindustry, U Power'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.


U Power's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, U Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where U Power's Days Inventory falls into.



U Power Days Inventory Calculation

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

U Power'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
=( (0.783 + 0.762) / 2 ) / 1.063*365
=0.7725 / 1.063*365
=265.25

U Power's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.922 + 0.762) / 2 ) / 0.979*365 / 2
=0.842 / 0.979*365 / 2
=156.96

* 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.


U Power  (NAS:UCAR) 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.

U Power's Inventory Turnover for the six months ended in Dec. 2023 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.

U Power's Inventory to Revenue for the six months ended in Dec. 2023 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.


U Power Days Inventory Related Terms

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


U Power Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003
U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium sized vehicle dealers and individual customers primarily located in the lower-tier cities in China, which are smaller and less developed than the tier-1 or tier-2 cities.