iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Days Inventory : 64.32 (As of Dec. 2023)

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What is iMotion Automotive Technology (Suzhou) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iMotion Automotive Technology (Suzhou) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$229 Mil. iMotion Automotive Technology (Suzhou) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$649 Mil. Hence, iMotion Automotive Technology (Suzhou) Co's Days Inventory for the six months ended in Dec. 2023 was 64.32.

The historical rank and industry rank for iMotion Automotive Technology (Suzhou) Co's Days Inventory or its related term are showing as below:

HKSE:01274' s Days Inventory Range Over the Past 10 Years
Min: 48.58 Med: 80.7 Max: 90.96
Current: 77.28

During the past 4 years, iMotion Automotive Technology (Suzhou) Co's highest Days Inventory was 90.96. The lowest was 48.58. And the median was 80.70.

HKSE:01274's Days Inventory is ranked better than
52.31% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs HKSE:01274: 77.28

iMotion Automotive Technology (Suzhou) Co's Days Inventory increased from Dec. 2022 (56.45) to Dec. 2023 (64.32). It might indicate that iMotion Automotive Technology (Suzhou) Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. iMotion Automotive Technology (Suzhou) Co's Inventory Turnover for the six months ended in Dec. 2023 was 2.84.

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. iMotion Automotive Technology (Suzhou) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.31.

iMotion Automotive Technology (Suzhou) Co Days Inventory Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) 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.

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iMotion Automotive Technology (Suzhou) Co Days Inventory Chart

iMotion Automotive Technology (Suzhou) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

90.96

72.48

48.58

88.92

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	26.66	56.45	79.91	64.32

Competitive Comparison of iMotion Automotive Technology (Suzhou) Co's Days Inventory

For the Auto Parts subindustry, iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iMotion Automotive Technology (Suzhou) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where iMotion Automotive Technology (Suzhou) Co's Days Inventory falls into.

iMotion Automotive Technology (Suzhou) Co Days Inventory Calculation

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

iMotion Automotive Technology (Suzhou) 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
=	( (303.717	+	280.026)	/	2 )	/	1198.053	*	365
=	291.8715					/	1198.053	*	365
=	88.92

iMotion Automotive Technology (Suzhou) 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (177.281	+	280.026)	/	2 )	/	648.787	*	365 / 2
=	228.6535					/	648.787	*	365 / 2
=	64.32

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) 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.

iMotion Automotive Technology (Suzhou) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	648.787	/	228.6535
	=	2.84

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.

iMotion Automotive Technology (Suzhou) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	228.6535	/	736.195
	=	0.31

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.

iMotion Automotive Technology (Suzhou) Co Days Inventory Related Terms

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

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN

Website

https://www.imotion.ai

iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

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