Days Inventory is also known as Days Sales of Inventory (DSI). EVE Energy Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥6,510 Mil. EVE Energy Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥7,674 Mil.
Hence, EVE Energy Co's Days Inventory for the
three
months ended in Mar. 2024 was 77.41.
The historical rank and industry rank for EVE Energy Co's Days Inventory or its related term are showing as below:
SZSE:300014'
s Days Inventory Range Over the Past 10 Years
Min: 67.2 Med: 87.07 Max: 124.63
Current: 70.33
During the past 13 years, EVE Energy Co's highest Days Inventory was 124.63. The lowest was 67.20. And the median was 87.07.
SZSE:300014's Days Inventory is ranked better than 79.21% of 2905
companies
in the Industrial Products industry
Industry Median: 120.1
vs SZSE:300014: 70.33
EVE Energy Co's Days Inventory
declined
from Mar. 2023 (80.67) to Mar. 2024 (77.41).
Inventory Turnover measures how fast the company turns over its inventory within a year.
EVE Energy Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.18.
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.
EVE Energy Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.70.
EVE Energy Co Days Inventory Historical Data
The historical data trend for EVE Energy 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.
Competitive Comparison of EVE Energy Co's Days Inventory
For the Electrical Equipment & Parts subindustry, EVE Energy 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.
EVE Energy Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, EVE Energy Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where EVE Energy Co's Days Inventory falls into.
EVE Energy Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
EVE Energy Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
EVE Energy Co (SZSE:300014) 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.
EVE Energy 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.
EVE Energy 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.
EVE Energy Co Days Inventory Related Terms
Thank you for viewing the detailed overview of EVE Energy Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.
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