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Shenyang Huitian Thermal Power Co (SZSE:000692) Days Inventory : 26.76 (As of Mar. 2024)


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What is Shenyang Huitian Thermal Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenyang Huitian Thermal Power Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥373 Mil. Shenyang Huitian Thermal Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,271 Mil. Hence, Shenyang Huitian Thermal Power Co's Days Inventory for the three months ended in Mar. 2024 was 26.76.

The historical rank and industry rank for Shenyang Huitian Thermal Power Co's Days Inventory or its related term are showing as below:

SZSE:000692' s Days Inventory Range Over the Past 10 Years
Min: 41.08   Med: 97.7   Max: 124.05
Current: 41.08

During the past 13 years, Shenyang Huitian Thermal Power Co's highest Days Inventory was 124.05. The lowest was 41.08. And the median was 97.70.

SZSE:000692's Days Inventory is ranked worse than
72.57% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.46 vs SZSE:000692: 41.08

Shenyang Huitian Thermal Power Co's Days Inventory increased from Mar. 2023 (21.72) to Mar. 2024 (26.76). It might indicate that Shenyang Huitian Thermal Power Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenyang Huitian Thermal Power Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.41.

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. Shenyang Huitian Thermal Power Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Shenyang Huitian Thermal Power Co Days Inventory Historical Data

The historical data trend for Shenyang Huitian Thermal Power 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.

Shenyang Huitian Thermal Power Co Days Inventory Chart

Shenyang Huitian Thermal Power 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 73.18 54.81 104.80 90.60 71.15

Shenyang Huitian Thermal Power 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 21.72 156.81 243.94 38.13 26.76

Competitive Comparison of Shenyang Huitian Thermal Power Co's Days Inventory

For the Utilities - Diversified subindustry, Shenyang Huitian Thermal Power 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.


Shenyang Huitian Thermal Power Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenyang Huitian Thermal Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenyang Huitian Thermal Power Co's Days Inventory falls into.



Shenyang Huitian Thermal Power Co Days Inventory Calculation

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

Shenyang Huitian Thermal Power 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
=( (434.322 + 520.22) / 2 ) / 2448.474*365
=477.271 / 2448.474*365
=71.15

Shenyang Huitian Thermal Power 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
=( (520.22 + 225.278) / 2 ) / 1271.179*365 / 4
=372.749 / 1271.179*365 / 4
=26.76

* 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.


Shenyang Huitian Thermal Power Co  (SZSE:000692) 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.

Shenyang Huitian Thermal Power 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.

Shenyang Huitian Thermal Power 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.


Shenyang Huitian Thermal Power Co Days Inventory Related Terms

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


Shenyang Huitian Thermal Power Co (SZSE:000692) Business Description

Traded in Other Exchanges
N/A
Address
47 Hot Road, Shenhe District, Shenyang, CHN, 110014
Shenyang Huitian Thermal Power Co Ltd operates as central heating company in China. It is also involved in the installation of equipment, construction of industrial pipelines, and civil engineering activities. In addition, the company manufactures and installs non-standard structural parts; sells ammonium sulfate; and retails plumbing materials.
Executives
Gao Jian Supervisors
Li Kuo Supervisors
Li Bing Supervisors
Yang Wen Gang Executives
Fu Jiang Executives
Hou Xiu Hong Supervisors
Zhang Chao Ying Executives
Liu Li Supervisors
Yu Jing Supervisors
Wang Dong Sheng Director
Sun Jie Director

Shenyang Huitian Thermal Power Co (SZSE:000692) Headlines

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