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Beijing SDL Technology Co (SZSE:002658) Days Inventory : 139.10 (As of Dec. 2023)


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What is Beijing SDL Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing SDL Technology Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥512 Mil. Beijing SDL Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥336 Mil. Hence, Beijing SDL Technology Co's Days Inventory for the three months ended in Dec. 2023 was 139.10.

The historical rank and industry rank for Beijing SDL Technology Co's Days Inventory or its related term are showing as below:

SZSE:002658' s Days Inventory Range Over the Past 10 Years
Min: 180.01   Med: 226.49   Max: 288.3
Current: 219.84

During the past 13 years, Beijing SDL Technology Co's highest Days Inventory was 288.30. The lowest was 180.01. And the median was 226.49.

SZSE:002658's Days Inventory is ranked worse than
83.45% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs SZSE:002658: 219.84

Beijing SDL Technology Co's Days Inventory declined from Dec. 2022 (209.48) to Dec. 2023 (139.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing SDL Technology Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. Beijing SDL Technology Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.91.


Beijing SDL Technology Co Days Inventory Historical Data

The historical data trend for Beijing SDL Technology Co'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.

Beijing SDL Technology Co Days Inventory Chart

Beijing SDL Technology Co 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 248.48 288.30 266.60 257.07 208.66

Beijing SDL Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 209.48 304.69 242.82 280.46 139.10

Competitive Comparison of Beijing SDL Technology Co's Days Inventory

For the Scientific & Technical Instruments subindustry, Beijing SDL Technology Co'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.


Beijing SDL Technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing SDL Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing SDL Technology Co's Days Inventory falls into.



Beijing SDL Technology Co Days Inventory Calculation

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

Beijing SDL Technology Co'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
=( (553.271 + 458.39) / 2 ) / 884.824*365
=505.8305 / 884.824*365
=208.66

Beijing SDL Technology Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (565.998 + 458.39) / 2 ) / 336.012*365 / 4
=512.194 / 336.012*365 / 4
=139.10

* 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.


Beijing SDL Technology Co  (SZSE:002658) 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.

Beijing SDL Technology Co's Inventory Turnover for the three 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.

Beijing SDL Technology Co's Inventory to Revenue for the three 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.


Beijing SDL Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing SDL Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.

Beijing SDL Technology Co (SZSE:002658) Headlines

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