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Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Days Inventory : 8.02 (As of Mar. 2024)


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What is Inner Mongolia Mengdian Huaneng Thermal Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inner Mongolia Mengdian Huaneng Thermal Power's Average Total Inventories for the three months ended in Mar. 2024 was ¥367 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,177 Mil. Hence, Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory for the three months ended in Mar. 2024 was 8.02.

The historical rank and industry rank for Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory or its related term are showing as below:

SHSE:600863' s Days Inventory Range Over the Past 10 Years
Min: 8.48   Med: 12.59   Max: 21.02
Current: 9.51

During the past 13 years, Inner Mongolia Mengdian Huaneng Thermal Power's highest Days Inventory was 21.02. The lowest was 8.48. And the median was 12.59.

SHSE:600863's Days Inventory is ranked better than
81.04% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.97 vs SHSE:600863: 9.51

Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory declined from Mar. 2023 (10.03) to Mar. 2024 (8.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Inner Mongolia Mengdian Huaneng Thermal Power's Inventory Turnover for the three months ended in Mar. 2024 was 11.37.

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. Inner Mongolia Mengdian Huaneng Thermal Power's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.


Inner Mongolia Mengdian Huaneng Thermal Power Days Inventory Historical Data

The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power Days Inventory Chart

Inner Mongolia Mengdian Huaneng Thermal Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 10.16 10.30 10.68 8.48

Inner Mongolia Mengdian Huaneng Thermal Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.03 12.27 10.38 7.63 8.02

Competitive Comparison of Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory

For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.


Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Mengdian Huaneng Thermal Power's Days Inventory falls into.



Inner Mongolia Mengdian Huaneng Thermal Power Days Inventory Calculation

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

Inner Mongolia Mengdian Huaneng Thermal Power'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
=( (522.579 + 304.331) / 2 ) / 17796.999*365
=413.455 / 17796.999*365
=8.48

Inner Mongolia Mengdian Huaneng Thermal Power'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
=( (304.331 + 430.157) / 2 ) / 4176.593*365 / 4
=367.244 / 4176.593*365 / 4
=8.02

* 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.


Inner Mongolia Mengdian Huaneng Thermal Power  (SHSE:600863) 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.

Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power'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.


Inner Mongolia Mengdian Huaneng Thermal Power Days Inventory Related Terms

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Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Business Description

Traded in Other Exchanges
N/A
Address
No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.

Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Headlines

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