GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digital China Holdings Ltd (FRA:DIN) » Definitions » Days Inventory

Digital China Holdings (FRA:DIN) Days Inventory : 19.09 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Digital China Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital China Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €135 Mil. Digital China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,288 Mil. Hence, Digital China Holdings's Days Inventory for the six months ended in Dec. 2023 was 19.09.

The historical rank and industry rank for Digital China Holdings's Days Inventory or its related term are showing as below:

FRA:DIN' s Days Inventory Range Over the Past 10 Years
Min: 23.74   Med: 43.43   Max: 221.73
Current: 25.75

During the past 13 years, Digital China Holdings's highest Days Inventory was 221.73. The lowest was 23.74. And the median was 43.43.

FRA:DIN's Days Inventory is ranked better than
82% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs FRA:DIN: 25.75

Digital China Holdings's Days Inventory declined from Dec. 2022 (27.59) to Dec. 2023 (19.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital China Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 9.56.

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. Digital China Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.09.


Digital China Holdings Days Inventory Historical Data

The historical data trend for Digital China Holdings'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.

Digital China Holdings Days Inventory Chart

Digital China Holdings 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 39.03 51.37 53.85 41.43 24.20

Digital China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.36 53.84 27.59 41.23 19.09

Competitive Comparison of Digital China Holdings's Days Inventory

For the Conglomerates subindustry, Digital China Holdings'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.


Digital China Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digital China Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Digital China Holdings's Days Inventory falls into.



Digital China Holdings Days Inventory Calculation

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

Digital China Holdings'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
=( (160.219 + 105.34) / 2 ) / 2002.92*365
=132.7795 / 2002.92*365
=24.20

Digital China Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (164.075 + 105.34) / 2 ) / 1287.808*365 / 2
=134.7075 / 1287.808*365 / 2
=19.09

* 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.


Digital China Holdings  (FRA:DIN) 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.

Digital China Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Digital China Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Digital China Holdings Days Inventory Related Terms

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


Digital China Holdings (FRA:DIN) Business Description

Address
77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.