OKE Precision Cutting Tools Co. Ltd. A (688308) — Defensive Interval Ratio
OKE Precision Cutting Tools Co. Ltd. A (688308) has a Defensive Interval Ratio of 327 days as of September 2025. Defensive assets of CN¥958.04 Million (cash CN¥-, short-term investments CN¥171.84 Million, receivables CN¥786.20 Million) cover 327 days of daily cash needs of CN¥2.93 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
OKE Precision Cutting Tools Co. Ltd. A Defensive Interval Ratio (2017–2024)
This chart shows how OKE Precision Cutting Tools Co. Ltd. A's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 327 days, meaning defensive assets of CN¥958.04 Million can fund 327 days of operations without new revenue. For the complete balance sheet picture, see OKE Precision Cutting Tools Co. Ltd. A total assets.
Annual Defensive Interval Ratio for OKE Precision Cutting Tools Co. Ltd. A (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for OKE Precision Cutting Tools Co. Ltd. A from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of OKE Precision Cutting Tools Co. Ltd. A to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 312 days | CN¥1.04 Billion | CN¥3.31 Million/day | CN¥- | CN¥371.78 Million | ▼ -12 days |
| 2023 | 324 days | CN¥1.13 Billion | CN¥3.49 Million/day | CN¥- | CN¥589.99 Million | ▼ -212 days |
| 2022 | 536 days | CN¥938.60 Million | CN¥1.75 Million/day | CN¥- | CN¥536.68 Million | ▼ -65 days |
| 2021 | 601 days | CN¥636.75 Million | CN¥1.06 Million/day | CN¥- | CN¥256.38 Million | ▲ +197 days |
| 2020 | 404 days | CN¥291.22 Million | CN¥720.23K/day | CN¥- | CN¥10.00 Million | ▲ +71 days |
| 2019 | 334 days | CN¥218.80 Million | CN¥655.86K/day | CN¥- | CN¥- | ▲ +2 days |
| 2018 | 331 days | CN¥200.83 Million | CN¥606.12K/day | CN¥- | CN¥- | ▼ -61 days |
| 2017 | 393 days | CN¥143.74 Million | CN¥365.91K/day | CN¥- | CN¥- | — |