Jiangsu Ankura Intelligent Power Co (SZSE:300617) Days Inventory : 187.02 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Ankura Intelligent Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Ankura Intelligent Power Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥299.3 Mil. Jiangsu Ankura Intelligent Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥146.0 Mil. Hence, Jiangsu Ankura Intelligent Power Co's Days Inventory for the three months ended in Mar. 2024 was 187.02.

The historical rank and industry rank for Jiangsu Ankura Intelligent Power Co's Days Inventory or its related term are showing as below:

SZSE:300617' s Days Inventory Range Over the Past 10 Years
Min: 154.62 Med: 217.86 Max: 287.17
Current: 182.39

During the past 12 years, Jiangsu Ankura Intelligent Power Co's highest Days Inventory was 287.17. The lowest was 154.62. And the median was 217.86.

SZSE:300617's Days Inventory is ranked worse than
71.83% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:300617: 182.39

Jiangsu Ankura Intelligent Power Co's Days Inventory increased from Mar. 2023 (160.21) to Mar. 2024 (187.02). It might indicate that Jiangsu Ankura Intelligent Power Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Ankura Intelligent Power Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.49.

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. Jiangsu Ankura Intelligent Power Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.18.

Jiangsu Ankura Intelligent Power Co Days Inventory Historical Data

The historical data trend for Jiangsu Ankura Intelligent 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.

Jiangsu Ankura Intelligent Power Co Days Inventory Chart

Jiangsu Ankura Intelligent Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

287.17

257.53

204.66

207.19

185.79

Jiangsu Ankura Intelligent 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															160.21	170.19	266.56	148.04	187.02

Competitive Comparison of Jiangsu Ankura Intelligent Power Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Jiangsu Ankura Intelligent 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.

Jiangsu Ankura Intelligent Power Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Ankura Intelligent Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Ankura Intelligent Power Co's Days Inventory falls into.

Jiangsu Ankura Intelligent Power Co Days Inventory Calculation

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

Jiangsu Ankura Intelligent 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
=	( (270.585	+	301.284)	/	2 )	/	561.753	*	365
=	285.9345					/	561.753	*	365
=	185.79

Jiangsu Ankura Intelligent 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
=	( (301.284	+	297.3)	/	2 )	/	146.03	*	365 / 4
=	299.292					/	146.03	*	365 / 4
=	187.02

Jiangsu Ankura Intelligent Power Co (SZSE:300617) 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.

Jiangsu Ankura Intelligent Power Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.03	/	299.292
	=	0.49

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.

Jiangsu Ankura Intelligent Power Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	299.292	/	254.028
	=	1.18

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.

Jiangsu Ankura Intelligent Power Co Days Inventory Related Terms

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

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Ankura Intelligent Power Co Ltd (SZSE:300617) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333

Website

http://www.ankura.com.cn

Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.

Executives

Chen Xiao Ming	Director
Wang Jian Ping	Executives
Wang Chun Mei	Executives
Zhao Bing Song	Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

No Headlines