GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AVIC Airborne Systems Co Ltd (SHSE:600372) » Definitions » Days Inventory

AVIC Airborne Systems Co (SHSE:600372) Days Inventory : 302.60 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is AVIC Airborne Systems Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVIC Airborne Systems Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥14,011 Mil. AVIC Airborne Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,225 Mil. Hence, AVIC Airborne Systems Co's Days Inventory for the three months ended in Mar. 2024 was 302.60.

The historical rank and industry rank for AVIC Airborne Systems Co's Days Inventory or its related term are showing as below:

SHSE:600372' s Days Inventory Range Over the Past 10 Years
Min: 176.74   Med: 235.3   Max: 284.04
Current: 225.8

During the past 13 years, AVIC Airborne Systems Co's highest Days Inventory was 284.04. The lowest was 176.74. And the median was 235.30.

SHSE:600372's Days Inventory is ranked worse than
69.79% of 288 companies
in the Aerospace & Defense industry
Industry Median: 139.24 vs SHSE:600372: 225.80

AVIC Airborne Systems Co's Days Inventory increased from Mar. 2023 (203.17) to Mar. 2024 (302.60). It might indicate that AVIC Airborne Systems Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AVIC Airborne Systems Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.30.

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. AVIC Airborne Systems Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.48.


AVIC Airborne Systems Co Days Inventory Historical Data

The historical data trend for AVIC Airborne Systems 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.

AVIC Airborne Systems Co Days Inventory Chart

AVIC Airborne Systems 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 242.94 257.24 284.04 176.74 240.89

AVIC Airborne Systems 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 203.17 165.24 255.25 230.87 302.60

Competitive Comparison of AVIC Airborne Systems Co's Days Inventory

For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.


AVIC Airborne Systems Co's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where AVIC Airborne Systems Co's Days Inventory falls into.



AVIC Airborne Systems Co Days Inventory Calculation

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

AVIC Airborne Systems 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
=( (13009.116 + 13893.543) / 2 ) / 20381.983*365
=13451.3295 / 20381.983*365
=240.89

AVIC Airborne Systems 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
=( (13893.543 + 14128.171) / 2 ) / 4225.002*365 / 4
=14010.857 / 4225.002*365 / 4
=302.60

* 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.


AVIC Airborne Systems Co  (SHSE:600372) 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.

AVIC Airborne Systems 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.

AVIC Airborne Systems 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.


AVIC Airborne Systems Co Days Inventory Related Terms

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


AVIC Airborne Systems Co (SHSE:600372) Business Description

Traded in Other Exchanges
N/A
Address
Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.

AVIC Airborne Systems Co (SHSE:600372) Headlines

No Headlines