China TMK Battery Systems (China TMK Battery Systems) Days Inventory : 56.91 (As of Sep. 2011)

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What is China TMK Battery Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China TMK Battery Systems's Average Total Inventories for the three months ended in Sep. 2011 was $12.53 Mil. China TMK Battery Systems's Cost of Goods Sold for the three months ended in Sep. 2011 was $20.10 Mil. Hence, China TMK Battery Systems's Days Inventory for the three months ended in Sep. 2011 was 56.91.

The historical rank and industry rank for China TMK Battery Systems's Days Inventory or its related term are showing as below:

DFEL's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 120.21
* Ranked among companies with meaningful Days Inventory only.

China TMK Battery Systems's Days Inventory increased from Sep. 2010 (37.10) to Sep. 2011 (56.91). It might indicate that China TMK Battery Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China TMK Battery Systems's Inventory Turnover for the three months ended in Sep. 2011 was 1.60.

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. China TMK Battery Systems's Inventory-to-Revenue for the three months ended in Sep. 2011 was 0.49.

China TMK Battery Systems Days Inventory Historical Data

The historical data trend for China TMK Battery Systems'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.

China TMK Battery Systems Days Inventory Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Days Inventory

35.50

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Days Inventory	Get a 7-Day Free Trial															37.10	28.12	33.23	46.33	56.91

Competitive Comparison of China TMK Battery Systems's Days Inventory

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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.

China TMK Battery Systems's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where China TMK Battery Systems's Days Inventory falls into.

China TMK Battery Systems Days Inventory Calculation

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

China TMK Battery Systems's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

	Days Inventory (A: Dec. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2009 )	+	Total Inventories (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (0	+	4.974)	/	1 )	/	51.139	*	365
=	4.974					/	51.139	*	365
=	35.50

China TMK Battery Systems's Days Inventory for the quarter that ended in Sep. 2011 is calculated as:

	Days Inventory (Q: Sep. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2011 )	+	Total Inventories (Q: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
=	( (13.322	+	11.746)	/	2 )	/	20.096	*	365 / 4
=	12.534					/	20.096	*	365 / 4
=	56.91

China TMK Battery Systems (OTCPK:DFEL) 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.

China TMK Battery Systems's Inventory Turnover for the three months ended in Sep. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.096	/	12.534
	=	1.60

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.

China TMK Battery Systems's Inventory to Revenue for the three months ended in Sep. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.534	/	25.373
	=	0.49

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.

China TMK Battery Systems Days Inventory Related Terms

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

China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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