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Beiqi Foton Motor Co (SHSE:600166) Days Inventory : 51.88 (As of Mar. 2024)


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What is Beiqi Foton Motor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beiqi Foton Motor Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥6,467 Mil. Beiqi Foton Motor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11,375 Mil. Hence, Beiqi Foton Motor Co's Days Inventory for the three months ended in Mar. 2024 was 51.88.

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

SHSE:600166' s Days Inventory Range Over the Past 10 Years
Min: 24.14   Med: 39.05   Max: 52.69
Current: 48.01

During the past 13 years, Beiqi Foton Motor Co's highest Days Inventory was 52.69. The lowest was 24.14. And the median was 39.05.

SHSE:600166's Days Inventory is ranked better than
78.29% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs SHSE:600166: 48.01

Beiqi Foton Motor Co's Days Inventory increased from Mar. 2023 (42.99) to Mar. 2024 (51.88). It might indicate that Beiqi Foton Motor Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beiqi Foton Motor Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.76.

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. Beiqi Foton Motor Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


Beiqi Foton Motor Co Days Inventory Historical Data

The historical data trend for Beiqi Foton Motor 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.

Beiqi Foton Motor Co Days Inventory Chart

Beiqi Foton Motor 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 42.20 35.90 42.77 52.69 43.01

Beiqi Foton Motor 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 42.99 48.14 43.71 44.05 51.88

Competitive Comparison of Beiqi Foton Motor Co's Days Inventory

For the Auto Manufacturers subindustry, Beiqi Foton Motor 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.


Beiqi Foton Motor Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Beiqi Foton Motor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beiqi Foton Motor Co's Days Inventory falls into.



Beiqi Foton Motor Co Days Inventory Calculation

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

Beiqi Foton Motor 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
=( (5866.47 + 5850.611) / 2 ) / 49712.583*365
=5858.5405 / 49712.583*365
=43.01

Beiqi Foton Motor 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
=( (5850.611 + 7083.897) / 2 ) / 11374.55*365 / 4
=6467.254 / 11374.55*365 / 4
=51.88

* 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.


Beiqi Foton Motor Co  (SHSE:600166) 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.

Beiqi Foton Motor 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.

Beiqi Foton Motor 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.


Beiqi Foton Motor Co Days Inventory Related Terms

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


Beiqi Foton Motor Co (SHSE:600166) Business Description

Traded in Other Exchanges
N/A
Address
Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206
Beiqi Foton Motor Co Ltd is a China-based company engages in the manufacture and sale of automobiles. Its products include medium and heavy-duty trucks, light-duty trucks, such as tractors, dumpers, and flatbeds as well as vans, pickups, buses, and construction machinery vehicles. The company also offers Total Care, a care service to authorized dealers; and warranty services. It mainly sells its products under the name of AUMAN, AUV, and OLLIN.
Executives
Li Yan Mei senior management
Song Shu Shan senior management
Wu Xi Bin senior management
Chang Rui senior management
Yang Guo Tao senior management
Wu Hai Shan Supervisors
Chen Qing Shan Director
Zhang Xi Yong Director
Yang Gong She Supervisors
Wu Yue Jun senior management
Zhang Wei senior management
Xing Hong Jin Supervisors
Gong Min senior management
Gong Yue Qiong Director
Wei Yan Qin senior management

Beiqi Foton Motor Co (SHSE:600166) Headlines

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