SAI.TECH Global (SAI.TECH Global) Days Inventory

: 14.01 (As of Jun. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). SAI.TECH Global's Average Total Inventories for the six months ended in Jun. 2023 was $0.22 Mil. SAI.TECH Global's Cost of Goods Sold for the six months ended in Jun. 2023 was $2.85 Mil. Hence, SAI.TECH Global's Days Inventory for the six months ended in Jun. 2023 was 14.01.

The historical rank and industry rank for SAI.TECH Global's Days Inventory or its related term are showing as below:

SAI' s Days Inventory Range Over the Past 10 Years
Min: 6.73 Med: 12.7 Max: 311.37
Current: 9.58

During the past 4 years, SAI.TECH Global's highest Days Inventory was 311.37. The lowest was 6.73. And the median was 12.70.

SAI's Days Inventory is ranked better than
72.94% of 218 companies
in the Capital Markets industry
Industry Median: 58.365 vs SAI: 9.58

SAI.TECH Global's Days Inventory increased from Jun. 2022 (6.82) to Jun. 2023 (14.01). It might indicate that SAI.TECH Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SAI.TECH Global's Inventory Turnover for the six months ended in Jun. 2023 was 13.03.

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. SAI.TECH Global's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.07.

SAI.TECH Global Days Inventory Historical Data

The historical data trend for SAI.TECH Global'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.

SAI.TECH Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

311.37

12.70

6.73

SAI.TECH Global Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			48.42	29.98	6.82	6.01	14.01

Competitive Comparison

For the Capital Markets subindustry, SAI.TECH Global'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.

SAI.TECH Global Days Inventory Distribution

For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where SAI.TECH Global's Days Inventory falls into.

SAI.TECH Global Days Inventory Calculation

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

SAI.TECH Global's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.198	+	0.152)	/	2 )	/	9.498	*	365
=	0.175					/	9.498	*	365
=	6.73

SAI.TECH Global's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.152	+	0.285)	/	2 )	/	2.847	*	365 / 2
=	0.2185					/	2.847	*	365 / 2
=	14.01

SAI.TECH Global (NAS:SAI) 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.

SAI.TECH Global's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.847	/	0.2185
	=	13.03

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.

SAI.TECH Global's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2185	/	3.026
	=	0.07

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.

SAI.TECH Global Days Inventory Related Terms

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

SAI.TECH Global (SAI.TECH Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976

Website

https://www.sai.tech

SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021