GCL New Energy Holdings (HKSE:00451) Days Inventory : 0.00 (As of Dec. 2023)

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What is GCL New Energy Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GCL New Energy Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.0 Mil. GCL New Energy Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$244.4 Mil. Hence, GCL New Energy Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for GCL New Energy Holdings's Days Inventory or its related term are showing as below:

During the past 13 years, GCL New Energy Holdings's highest Days Inventory was 322.10. The lowest was 50.04. And the median was 96.56.

HKSE:00451's Days Inventory is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 30.41
* Ranked among companies with meaningful Days Inventory only.

GCL New Energy Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. GCL New Energy Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

GCL New Energy Holdings Days Inventory Historical Data

The historical data trend for GCL New Energy Holdings'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.

GCL New Energy Holdings Days Inventory Chart

GCL New Energy Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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GCL New Energy Holdings Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of GCL New Energy Holdings's Days Inventory

For the Utilities - Renewable subindustry, GCL New Energy Holdings'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.

GCL New Energy Holdings's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GCL New Energy Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where GCL New Energy Holdings's Days Inventory falls into.

GCL New Energy Holdings Days Inventory Calculation

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

GCL New Energy Holdings'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	+	0)	/	1 )	/	492.999	*	365
=	0					/	492.999	*	365
=	0.00

GCL New Energy Holdings'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	+	0)	/	1 )	/	244.396	*	365 / 2
=	0					/	244.396	*	365 / 2
=	0.00

GCL New Energy Holdings (HKSE:00451) 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.

GCL New Energy Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	244.396	/	0
	=

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.

GCL New Energy Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	447.089
	=	0.00

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.

GCL New Energy Holdings Days Inventory Related Terms

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

GCL New Energy Holdings (HKSE:00451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GCL New Energy Holdings Ltd (HKSE:00451) » Definitions » Days Inventory

Traded in Other Exchanges

SMTLF:USA TJI:Germany

Address

28 Xinqing Road, Industrial Park, GCL New Energy Center, Suzhou, CHN

Website

http://www.gclnewenergy.com

GCL New Energy Holdings Ltd is an investment holding company that engages in the sale of electricity and development, construction, operation, and management of solar power plants. The company generates nearly all of its revenue from China.

Executives

Elite Time Global Limited
Asia Pacific Energy Fund Limited
Credit Suisse Trust Limited
Dongsheng Photovoltaic Technology (hong Kong) Limited
Gcl Technology Holdings Limited
Zhu Gongshan
Zhu Yufeng
Xie Xin Ji Cheng Ke Ji Gu Fen You Xian Gong Si
Invesco Exchange-traded Fund Trust Ii - Invesco Solar Etf	2106 Person having a security interest in shares
Invesco Capital Management Llc	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Shang Hai Qi Xun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Ying Kou Qi Yin Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Xie Xin Jian She Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Ju Rong Xie Xin Ji Cheng Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you

GCL New Energy Holdings (HKSE:00451) Headlines

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