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Guodian Nanjing Automation Co (SHSE:600268) Days Inventory : 121.44 (As of Mar. 2024)


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What is Guodian Nanjing Automation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guodian Nanjing Automation Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,251 Mil. Guodian Nanjing Automation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥940 Mil. Hence, Guodian Nanjing Automation Co's Days Inventory for the three months ended in Mar. 2024 was 121.44.

The historical rank and industry rank for Guodian Nanjing Automation Co's Days Inventory or its related term are showing as below:

SHSE:600268' s Days Inventory Range Over the Past 10 Years
Min: 67.59   Med: 73.34   Max: 113.99
Current: 81.07

During the past 13 years, Guodian Nanjing Automation Co's highest Days Inventory was 113.99. The lowest was 67.59. And the median was 73.34.

SHSE:600268's Days Inventory is ranked better than
62.78% of 2407 companies
in the Hardware industry
Industry Median: 101.78 vs SHSE:600268: 81.07

Guodian Nanjing Automation Co's Days Inventory declined from Mar. 2023 (133.67) to Mar. 2024 (121.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guodian Nanjing Automation Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.75.

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. Guodian Nanjing Automation Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.02.


Guodian Nanjing Automation Co Days Inventory Historical Data

The historical data trend for Guodian Nanjing Automation 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.

Guodian Nanjing Automation Co Days Inventory Chart

Guodian Nanjing Automation 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 71.55 78.07 71.95 70.00 71.07

Guodian Nanjing Automation 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 133.67 73.89 82.77 61.84 121.44

Competitive Comparison of Guodian Nanjing Automation Co's Days Inventory

For the Consumer Electronics subindustry, Guodian Nanjing Automation 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.


Guodian Nanjing Automation Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guodian Nanjing Automation Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guodian Nanjing Automation Co's Days Inventory falls into.



Guodian Nanjing Automation Co Days Inventory Calculation

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

Guodian Nanjing Automation 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
=( (1114.828 + 1138.036) / 2 ) / 5785.003*365
=1126.432 / 5785.003*365
=71.07

Guodian Nanjing Automation 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
=( (1138.036 + 1363.311) / 2 ) / 939.767*365 / 4
=1250.6735 / 939.767*365 / 4
=121.44

* 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.


Guodian Nanjing Automation Co  (SHSE:600268) 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.

Guodian Nanjing Automation 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.

Guodian Nanjing Automation 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.


Guodian Nanjing Automation Co Days Inventory Related Terms

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


Guodian Nanjing Automation Co (SHSE:600268) Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Shuige Road, Jiangning Development Zone, Jiangsu, Nanjing, CHN, 210032
Guodian Nanjing Automation Co Ltd is engaged in grid automation, power plant automation, water conservation, hydropower automation, rail transportation automation, industrial automation, and information security monitoring systems.
Executives
Wang Ru senior management
Wang Feng Jiao Director
Zhou Qian senior management
Luo Zhen Xin Director
Liu Wei senior management
Jing Hai Lin Director
Guo Xiao Jun Director
Liu Ying Director
Dong Wen senior management
Ying Guang Wei Director

Guodian Nanjing Automation Co (SHSE:600268) Headlines

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