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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Days Inventory : 35.81 (As of Mar. 2024)


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What is ZEEKR Intelligent Technology Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ZEEKR Intelligent Technology Holding's Average Total Inventories for the three months ended in Mar. 2024 was $708 Mil. ZEEKR Intelligent Technology Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,805 Mil. Hence, ZEEKR Intelligent Technology Holding's Days Inventory for the three months ended in Mar. 2024 was 35.81.

The historical rank and industry rank for ZEEKR Intelligent Technology Holding's Days Inventory or its related term are showing as below:

ZK' s Days Inventory Range Over the Past 10 Years
Min: 27.87   Med: 32.42   Max: 70.8
Current: 70.8

During the past 4 years, ZEEKR Intelligent Technology Holding's highest Days Inventory was 70.80. The lowest was 27.87. And the median was 32.42.

ZK's Days Inventory is ranked better than
58.68% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs ZK: 70.80

ZEEKR Intelligent Technology Holding's Days Inventory increased from Dec. 2022 (21.37) to Mar. 2024 (35.81). It might indicate that ZEEKR Intelligent Technology Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZEEKR Intelligent Technology Holding's Inventory Turnover for the three months ended in Mar. 2024 was 2.55.

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. ZEEKR Intelligent Technology Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.35.


ZEEKR Intelligent Technology Holding Days Inventory Historical Data

The historical data trend for ZEEKR Intelligent Technology Holding'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.

ZEEKR Intelligent Technology Holding Days Inventory Chart

ZEEKR Intelligent Technology Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
30.34 46.65 27.87 34.49

ZEEKR Intelligent Technology Holding Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.37 35.96 31.53 - 35.81

Competitive Comparison of ZEEKR Intelligent Technology Holding's Days Inventory

For the Auto Manufacturers subindustry, ZEEKR Intelligent Technology Holding'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.


ZEEKR Intelligent Technology Holding's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZEEKR Intelligent Technology Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where ZEEKR Intelligent Technology Holding's Days Inventory falls into.



ZEEKR Intelligent Technology Holding Days Inventory Calculation

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

ZEEKR Intelligent Technology Holding'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
=( (453.951 + 732.289) / 2 ) / 6277.428*365
=593.12 / 6277.428*365
=34.49

ZEEKR Intelligent Technology Holding'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
=( (732.289 + 684.268) / 2 ) / 1804.819*365 / 4
=708.2785 / 1804.819*365 / 4
=35.81

* 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.


ZEEKR Intelligent Technology Holding  (NYSE:ZK) 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.

ZEEKR Intelligent Technology Holding'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.

ZEEKR Intelligent Technology Holding'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.


ZEEKR Intelligent Technology Holding Days Inventory Related Terms

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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1388 Minshan Road, Xinqi Street, Beilun District, Zhejiang, Ningbo, CHN
ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.

ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Headlines