BII Railway Transportation Technology Holdings Co (HKSE:01522) Days Inventory : 100.96 (As of Dec. 2023)

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What is BII Railway Transportation Technology Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BII Railway Transportation Technology Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$421 Mil. BII Railway Transportation Technology Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$761 Mil. Hence, BII Railway Transportation Technology Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 100.96.

The historical rank and industry rank for BII Railway Transportation Technology Holdings Co's Days Inventory or its related term are showing as below:

HKSE:01522' s Days Inventory Range Over the Past 10 Years
Min: 16.98 Med: 110.75 Max: 178.3
Current: 149.86

During the past 13 years, BII Railway Transportation Technology Holdings Co's highest Days Inventory was 178.30. The lowest was 16.98. And the median was 110.75.

HKSE:01522's Days Inventory is ranked worse than
86.65% of 1565 companies
in the Software industry
Industry Median: 19.61 vs HKSE:01522: 149.86

BII Railway Transportation Technology Holdings Co's Days Inventory declined from Dec. 2022 (130.75) to Dec. 2023 (100.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. BII Railway Transportation Technology Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.81.

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. BII Railway Transportation Technology Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.36.

BII Railway Transportation Technology Holdings Co Days Inventory Historical Data

The historical data trend for BII Railway Transportation Technology Holdings 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.

BII Railway Transportation Technology Holdings Co Days Inventory Chart

BII Railway Transportation Technology Holdings Co Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

137.98

178.30

146.10

159.06

141.29

BII Railway Transportation Technology Holdings Co Semi-Annual Data
	Dec13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															104.66	230.80	130.75	296.30	100.96

Competitive Comparison of BII Railway Transportation Technology Holdings Co's Days Inventory

For the Information Technology Services subindustry, BII Railway Transportation Technology Holdings 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.

BII Railway Transportation Technology Holdings Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, BII Railway Transportation Technology Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where BII Railway Transportation Technology Holdings Co's Days Inventory falls into.

BII Railway Transportation Technology Holdings Co Days Inventory Calculation

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

BII Railway Transportation Technology Holdings 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
=	( (446.197	+	363.756)	/	2 )	/	1046.174	*	365
=	404.9765					/	1046.174	*	365
=	141.29

BII Railway Transportation Technology Holdings 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
=	( (478.628	+	363.756)	/	2 )	/	761.361	*	365 / 2
=	421.192					/	761.361	*	365 / 2
=	100.96

BII Railway Transportation Technology Holdings Co (HKSE:01522) 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.

BII Railway Transportation Technology Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	761.361	/	421.192
	=	1.81

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.

BII Railway Transportation Technology Holdings Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	421.192	/	1163.993
	=	0.36

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.

BII Railway Transportation Technology Holdings Co Days Inventory Related Terms

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

BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BII Railway Transportation Technology Holdings Co Ltd (HKSE:01522) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CN6:Germany

Address

No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN

Website

https://www.biitt.cn

BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.

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