China Skyrise Digital Service (China Skyrise Digital Service) Days Inventory : 126.66 (As of Jun. 2011)

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What is China Skyrise Digital Service Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Skyrise Digital Service's Average Total Inventories for the three months ended in Jun. 2011 was $1.88 Mil. China Skyrise Digital Service's Cost of Goods Sold for the three months ended in Jun. 2011 was $1.35 Mil. Hence, China Skyrise Digital Service's Days Inventory for the three months ended in Jun. 2011 was 126.66.

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

CSKD's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 30.33
* Ranked among companies with meaningful Days Inventory only.

China Skyrise Digital Service's Days Inventory increased from Jun. 2010 (94.54) to Jun. 2011 (126.66). It might indicate that China Skyrise Digital Service's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Skyrise Digital Service's Inventory Turnover for the three months ended in Jun. 2011 was 0.72.

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 Skyrise Digital Service's Inventory-to-Revenue for the three months ended in Jun. 2011 was 0.89.

China Skyrise Digital Service Days Inventory Historical Data

The historical data trend for China Skyrise Digital Service'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.

China Skyrise Digital Service Days Inventory Chart

China Skyrise Digital Service Annual Data

Trend

Aug07

Aug08

Aug09

Dec10

Days Inventory

123.41

China Skyrise Digital Service Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
Days Inventory	Get a 7-Day Free Trial														94.54	149.72	67.04	210.52	126.66

Competitive Comparison of China Skyrise Digital Service's Days Inventory

For the Security & Protection Services subindustry, China Skyrise Digital Service'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.

China Skyrise Digital Service's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Skyrise Digital Service's Days Inventory distribution charts can be found below:

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

China Skyrise Digital Service Days Inventory Calculation

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

China Skyrise Digital Service's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

	Days Inventory (A: Dec. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2009 )	+	Total Inventories (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (0	+	2.12)	/	1 )	/	6.27	*	365
=	2.12					/	6.27	*	365
=	123.41

China Skyrise Digital Service's Days Inventory for the quarter that ended in Jun. 2011 is calculated as:

	Days Inventory (Q: Jun. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2011 )	+	Total Inventories (Q: Jun. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2011 )	*	Days in Period
=	( (1.945	+	1.814)	/	2 )	/	1.354	*	365 / 4
=	1.8795					/	1.354	*	365 / 4
=	126.66

China Skyrise Digital Service (OTCPK:CSKD) 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.

China Skyrise Digital Service's Inventory Turnover for the three months ended in Jun. 2011 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.354	/	1.8795
	=	0.72

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.

China Skyrise Digital Service's Inventory to Revenue for the three months ended in Jun. 2011 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8795	/	2.106
	=	0.89

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.

China Skyrise Digital Service Days Inventory Related Terms

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

China Skyrise Digital Service (China Skyrise Digital Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Skyrise Digital Service Inc (OTCPK:CSKD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/F, M-3rd Building, Hi-tech Industrial Park, Nanshan District, Shenzhen, CHN, 518070

Website

http://www.szskyrise.com

China Skyrise Digital Service Inc through its subsidiaries is engaged in the development, sale, installation and maintenance of digital residential safety and video surveillance products, and in the development and integration of related software in China.

China Skyrise Digital Service (China Skyrise Digital Service) Headlines

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