The historical rank and industry rank for CIMC Vehicles (Group) Co's Days Inventory or its related term are showing as below:
SZSE:301039'
s Days Inventory Range Over the Past 10 Years
Min: 60.4 Med: 71.29 Max: 140.97
Current: 140.97
During the past 8 years, CIMC Vehicles (Group) Co's highest Days Inventory was 140.97. The lowest was 60.40. And the median was 71.29.
SZSE:301039's Days Inventory is ranked worse than 55.12% of 205
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.51
vs SZSE:301039: 140.97
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CIMC Vehicles (Group) Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.86.
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.
CIMC Vehicles (Group) Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.94.
CIMC Vehicles (Group) Co Days Inventory Historical Data
* 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 CIMC Vehicles (Group) Co's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where CIMC Vehicles (Group) Co's Days Inventory falls into.
CIMC Vehicles (Group) Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CIMC Vehicles (Group) 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.
CIMC Vehicles (Group) Co (SZSE:301039) 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.
CIMC Vehicles (Group) Co's Inventory Turnover for the
three
months ended in Dec. 2023 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.
CIMC Vehicles (Group) Co's Inventory to Revenue for the
three
months 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.
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.
CIMC Vehicles (Group) Co Days Inventory Related Terms
Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CIMC Vehicles (Group) Co (SZSE:301039) Business Description
CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.
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