XCHG (XCH) Days Inventory : 132.07 (As of Jun. 2024)

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What is XCHG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). XCHG's Average Total Inventories for the three months ended in Jun. 2024 was $7.01 Mil. XCHG's Cost of Goods Sold for the three months ended in Jun. 2024 was $4.85 Mil. Hence, XCHG's Days Inventory for the three months ended in Jun. 2024 was 132.07.

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

XCH' s Days Inventory Range Over the Past 10 Years
Min: 92.26 Med: 112.33 Max: 138.36
Current: 106.97

During the past 3 years, XCHG's highest Days Inventory was 138.36. The lowest was 92.26. And the median was 112.33.

XCH's Days Inventory is ranked better than
57.08% of 2922 companies
in the Industrial Products industry
Industry Median: 121.425 vs XCH: 106.97

XCHG's Days Inventory increased from Jun. 2023 (52.48) to Jun. 2024 (132.07). It might indicate that XCHG'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. XCHG's Inventory Turnover for the three months ended in Jun. 2024 was 0.69.

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. XCHG's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.78.

XCHG Days Inventory Historical Data

The historical data trend for XCHG'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.

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XCHG Days Inventory Chart

XCHG Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

138.36

92.26

112.33

XCHG Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial				52.48	89.12	100.85	109.79	132.07

Competitive Comparison of XCHG's Days Inventory

For the Specialty Industrial Machinery subindustry, XCHG'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.

XCHG's Days Inventory Distribution in the Industrial Products Industry

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

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

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XCHG Days Inventory Calculation

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

XCHG'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
=	( (6.23	+	6.657)	/	2 )	/	20.938	*	365
=	6.4435					/	20.938	*	365
=	112.33

XCHG's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (6.547	+	7.481)	/	2 )	/	4.846	*	365 / 4
=	7.014					/	4.846	*	365 / 4
=	132.07

XCHG (NAS:XCH) 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.

XCHG's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.846	/	7.014
	=	0.69

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.

XCHG's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.014	/	8.998
	=	0.78

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.

XCHG Days Inventory Related Terms

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

XCHG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamburg-Mitte Grevenweg 24, Hamburg, DEU, 20537

Website

https://www.xcharge.com

XCHG Ltd engaged in designing, manufacturing and selling of Electric Vehicle (EV) chargers and EV charging solutions which include the DC fast chargers named the C6 series and the C7 series, the battery-integrated DC fast chargers which is Net Zero Series (NZS), as well as accompanying services. Its integrated solution combining proprietary charging technology, energy storage technology and accompanying services significantly improves EV charging efficiency and unlocks the value of energy storage and management. Its NZS solution enables fast charging at low power locations or vis-a-vis aged grid infrastructures (which typically are not compatible with fast charging equipment) with no site improvements or grid upgrades needed.