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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Days Inventory : 38.35 (As of Mar. 2024)


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What is Guangdong Hallsmart Intelligence Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Hallsmart Intelligence Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥33.6 Mil. Guangdong Hallsmart Intelligence Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥79.9 Mil. Hence, Guangdong Hallsmart Intelligence Technology's Days Inventory for the three months ended in Mar. 2024 was 38.35.

The historical rank and industry rank for Guangdong Hallsmart Intelligence Technology's Days Inventory or its related term are showing as below:

BJSE:870726' s Days Inventory Range Over the Past 10 Years
Min: 30.72   Med: 38.17   Max: 48.37
Current: 30.72

During the past 9 years, Guangdong Hallsmart Intelligence Technology's highest Days Inventory was 48.37. The lowest was 30.72. And the median was 38.17.

BJSE:870726's Days Inventory is ranked better than
94.61% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs BJSE:870726: 30.72

Guangdong Hallsmart Intelligence Technology's Days Inventory declined from Mar. 2023 (39.67) to Mar. 2024 (38.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Hallsmart Intelligence Technology's Inventory Turnover for the three months ended in Mar. 2024 was 2.38.

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. Guangdong Hallsmart Intelligence Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


Guangdong Hallsmart Intelligence Technology Days Inventory Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology'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.

Guangdong Hallsmart Intelligence Technology Days Inventory Chart

Guangdong Hallsmart Intelligence Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 36.70 38.17 43.76 48.37 40.66

Guangdong Hallsmart Intelligence Technology Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.67 28.79 27.14 25.12 38.35

Competitive Comparison of Guangdong Hallsmart Intelligence Technology's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Hallsmart Intelligence Technology'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.


Guangdong Hallsmart Intelligence Technology's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Hallsmart Intelligence Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Hallsmart Intelligence Technology's Days Inventory falls into.



Guangdong Hallsmart Intelligence Technology Days Inventory Calculation

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

Guangdong Hallsmart Intelligence Technology'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
=( (52.967 + 27.771) / 2 ) / 362.414*365
=40.369 / 362.414*365
=40.66

Guangdong Hallsmart Intelligence Technology's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (29.273 + 37.886) / 2 ) / 79.893*365 / 4
=33.5795 / 79.893*365 / 4
=38.35

* 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.


Guangdong Hallsmart Intelligence Technology  (BJSE:870726) 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.

Guangdong Hallsmart Intelligence Technology's Inventory Turnover for the three months ended in Mar. 2024 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.

Guangdong Hallsmart Intelligence Technology's Inventory to Revenue for the three months ended in Mar. 2024 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.


Guangdong Hallsmart Intelligence Technology Days Inventory Related Terms

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


Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Traded in Other Exchanges
N/A
Address
West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051
Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

Guangdong Hallsmart Intelligence Technology (BJSE:870726) Headlines

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