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Hanwei Electronics Group (SZSE:300007) Days Inventory : 89.14 (As of Mar. 2024)


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What is Hanwei Electronics Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hanwei Electronics Group's Average Total Inventories for the three months ended in Mar. 2024 was ¥443 Mil. Hanwei Electronics Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥453 Mil. Hence, Hanwei Electronics Group's Days Inventory for the three months ended in Mar. 2024 was 89.14.

The historical rank and industry rank for Hanwei Electronics Group's Days Inventory or its related term are showing as below:

SZSE:300007' s Days Inventory Range Over the Past 10 Years
Min: 63.95   Med: 108.05   Max: 225.47
Current: 101.25

During the past 13 years, Hanwei Electronics Group's highest Days Inventory was 225.47. The lowest was 63.95. And the median was 108.05.

SZSE:300007's Days Inventory is ranked better than
50.44% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs SZSE:300007: 101.25

Hanwei Electronics Group's Days Inventory declined from Mar. 2023 (91.35) to Mar. 2024 (89.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanwei Electronics Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Hanwei Electronics Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.75.


Hanwei Electronics Group Days Inventory Historical Data

The historical data trend for Hanwei Electronics Group'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.

Hanwei Electronics Group Days Inventory Chart

Hanwei Electronics Group 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 92.56 63.95 67.83 85.27 99.61

Hanwei Electronics Group 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 91.35 119.17 149.85 74.33 89.14

Competitive Comparison of Hanwei Electronics Group's Days Inventory

For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.


Hanwei Electronics Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanwei Electronics Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hanwei Electronics Group's Days Inventory falls into.



Hanwei Electronics Group Days Inventory Calculation

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

Hanwei Electronics Group'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
=( (456.348 + 414.831) / 2 ) / 1596.133*365
=435.5895 / 1596.133*365
=99.61

Hanwei Electronics Group'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
=( (414.831 + 471.014) / 2 ) / 453.422*365 / 4
=442.9225 / 453.422*365 / 4
=89.14

* 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.


Hanwei Electronics Group  (SZSE:300007) 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.

Hanwei Electronics Group'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.

Hanwei Electronics Group'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.


Hanwei Electronics Group Days Inventory Related Terms

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


Hanwei Electronics Group (SZSE:300007) Business Description

Traded in Other Exchanges
N/A
Address
No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001
Hanwei Electronics Group Corporation is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.
Executives
Yang Chang Zai Director
Zhou Zhen Supervisors
Li Zhi Gang Directors, executives
Ren Hong Jun Director
Shang Zhong Feng Directors, executives
Liu Rui Ling Directors, executives
Zhang Yan Li Supervisors
Zhang Xiao Jun Directors, executives
Li Hang Securities Affairs Representative
Shang Jian Hong Executives
Zhang Xiao Shui Directors, executives
Xiao Feng Directors, executives, securities affairs represen
Jiao Gui Dong Directors, executives
Zhong Chao Director
Jiang Hui Chang Director

Hanwei Electronics Group (SZSE:300007) Headlines

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