New Electric CV (New Electric CV) Days Inventory : 0.00 (As of . 20)

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

What is New Electric CV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Electric CV's Average Total Inventories for the three months ended in . 20 was $0.00 Mil. New Electric CV's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil.

The historical rank and industry rank for New Electric CV's Days Inventory or its related term are showing as below:

HIPH's Days Inventory is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 131.845
* Ranked among companies with meaningful Days Inventory only.

New Electric CV's Days Inventory stayed the same from . 20 (0.00) to . 20 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

New Electric CV Days Inventory Historical Data

The historical data trend for New Electric CV'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.

New Electric CV Days Inventory Chart

New Electric CV Annual Data

Trend

Days Inventory

New Electric CV Quarterly Data

Days Inventory

Competitive Comparison of New Electric CV's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, New Electric CV'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.

New Electric CV's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, New Electric CV's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Electric CV's Days Inventory falls into.

New Electric CV Days Inventory Calculation

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

New Electric CV's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

New Electric CV's Days Inventory for the quarter that ended in . 20 is calculated as:

	Days Inventory (Q: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365 / 4
=	0					/		*	365 / 4
=	N/A

New Electric CV (OTCPK:HIPH) 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.

New Electric CV's Inventory Turnover for the three months ended in . 20 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=		/	0
	=

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.

New Electric CV's Inventory to Revenue for the three months ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/
	=

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.

New Electric CV Days Inventory Related Terms

Thank you for viewing the detailed overview of New Electric CV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.