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Power HF Co (SHSE:605100) Days Inventory : 59.16 (As of Mar. 2024)


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What is Power HF Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Power HF Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥165 Mil. Power HF Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥255 Mil. Hence, Power HF Co's Days Inventory for the three months ended in Mar. 2024 was 59.16.

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

SHSE:605100' s Days Inventory Range Over the Past 10 Years
Min: 49.65   Med: 65.35   Max: 91.91
Current: 60.47

During the past 8 years, Power HF Co's highest Days Inventory was 91.91. The lowest was 49.65. And the median was 65.35.

SHSE:605100's Days Inventory is ranked better than
84.2% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs SHSE:605100: 60.47

Power HF Co's Days Inventory increased from Mar. 2023 (49.27) to Mar. 2024 (59.16). It might indicate that Power HF Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Power HF Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.54.

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. Power HF Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.54.


Power HF Co Days Inventory Historical Data

The historical data trend for Power HF 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.

Power HF Co Days Inventory Chart

Power HF Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 64.38 55.63 66.32 91.91 49.65

Power HF 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 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 49.27 59.60 59.33 57.93 59.16

Competitive Comparison of Power HF Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Power HF 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.


Power HF Co's Days Inventory Distribution in the Industrial Products Industry

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

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



Power HF Co Days Inventory Calculation

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

Power HF 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
=( (151.194 + 146.063) / 2 ) / 1092.565*365
=148.6285 / 1092.565*365
=49.65

Power HF 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
=( (146.063 + 184.044) / 2 ) / 254.596*365 / 4
=165.0535 / 254.596*365 / 4
=59.16

* 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.


Power HF Co  (SHSE:605100) 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.

Power HF Co'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.

Power HF Co'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.


Power HF Co Days Inventory Related Terms

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


Power HF Co (SHSE:605100) Business Description

Traded in Other Exchanges
N/A
Address
No. 7879 Yingqian Street, High-tech Zone, Shandong Province, Weifang, CHN, 261041
Power HF Co Ltd is engaged in the research and development, manufacturing and sales of diesel engines, core components and intelligent generator sets, as well as comprehensive operation and maintenance services for power facilities such as communication base station generator sets.

Power HF Co (SHSE:605100) Headlines

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