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China Information Technology, Inc. (NAS:CNIT)
Days Inventory
0.00 (As of Jun. 2013)

China Information Technology, Inc.'s inventory for the three months ended in Jun. 2013 was $20.04 Mil. China Information Technology, Inc.'s cost of goods sold for the three months ended in Jun. 2013 was $0.00 Mil.

China Information Technology, Inc.'s days inventory declined from Mar. 2012 (217.07) to Jun. 2013 (0.00).

Inventory can be measured by Days Sales of Inventory (DSI).

Inventory turnover measures how fast the company turns over its inventory within a year. China Information Technology, Inc.'s inventory turnover for the three months ended in Jun. 2013 was 0.00.

Inventory to revenue ratio 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.


Definition

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

China Information Technology, Inc.'s Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=16.798/65.878*365
=93.07

China Information Technology, Inc.'s Days Inventory for the quarter that ended in Jun. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=20.038/0*91
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

China Information Technology, Inc.'s Days Sales of Inventory for the three months ended in Jun. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=20.038/0*91
=

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

China Information Technology, Inc.'s Inventory Turnover for the three months ended in Jun. 2013 is calculated as

3. 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.

China Information Technology, Inc.'s Inventory to Revenue for the three months ended in Jun. 2013 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Information Technology, Inc. Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysInventory 0.000.000.00989.56137.2356.1379.2977.99116.0193.07

China Information Technology, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Jun13
DaysInventory 45.74193.11141.76157.7092.40217.07209.1879.9573.010.00
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