China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Days Inventory : 12.58 (As of Jun. 2022)

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What is China U-Ton Future Space Industrial Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China U-Ton Future Space Industrial Group Holdings's Average Total Inventories for the six months ended in Jun. 2022 was HK$1.70 Mil. China U-Ton Future Space Industrial Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2022 was HK$24.69 Mil. Hence, China U-Ton Future Space Industrial Group Holdings's Days Inventory for the six months ended in Jun. 2022 was 12.58.

The historical rank and industry rank for China U-Ton Future Space Industrial Group Holdings's Days Inventory or its related term are showing as below:

HKSE:06168's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 101.78
* Ranked among companies with meaningful Days Inventory only.

China U-Ton Future Space Industrial Group Holdings's Days Inventory declined from Jun. 2021 (142.91) to Jun. 2022 (12.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. China U-Ton Future Space Industrial Group Holdings's Inventory Turnover for the six months ended in Jun. 2022 was 14.50.

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 U-Ton Future Space Industrial Group Holdings's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.05.

China U-Ton Future Space Industrial Group Holdings Days Inventory Historical Data

The historical data trend for China U-Ton Future Space Industrial Group Holdings'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 U-Ton Future Space Industrial Group Holdings Days Inventory Chart

China U-Ton Future Space Industrial Group Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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14.56

16.31

12.91

18.43

24.60

China U-Ton Future Space Industrial Group Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Inventory	Get a 7-Day Free Trial															21.06	12.14	142.91	6.27	12.58

Competitive Comparison of China U-Ton Future Space Industrial Group Holdings's Days Inventory

For the Communication Equipment subindustry, China U-Ton Future Space Industrial Group Holdings'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 U-Ton Future Space Industrial Group Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China U-Ton Future Space Industrial Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where China U-Ton Future Space Industrial Group Holdings's Days Inventory falls into.

China U-Ton Future Space Industrial Group Holdings Days Inventory Calculation

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

China U-Ton Future Space Industrial Group Holdings's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (5.336	+	1.506)	/	2 )	/	50.756	*	365
=	3.421					/	50.756	*	365
=	24.60

China U-Ton Future Space Industrial Group Holdings's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (1.506	+	1.898)	/	2 )	/	24.685	*	365 / 2
=	1.702					/	24.685	*	365 / 2
=	12.58

China U-Ton Future Space Industrial Group Holdings (HKSE:06168) 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 U-Ton Future Space Industrial Group Holdings's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.685	/	1.702
	=	14.50

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 U-Ton Future Space Industrial Group Holdings's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.702	/	31.409
	=	0.05

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 U-Ton Future Space Industrial Group Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of China U-Ton Future Space Industrial Group Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China U-Ton Future Space Industrial Group Holdings Ltd (HKSE:06168) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit B, 28 Yee Wo Street, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, HKG

Website

http://www.chinauton.com.hk

China U-Ton Future Space Industrial Group Holdings Ltd is engaged in providing deployment services of optical fibers. The principal activities of the Group are the provision of design, deployment and maintenance of optical fibers services, other communication networks services, environmentally intelligent technical products and services, and moneylending services. It utilizes its proprietary micro-ducts and micro-cables system deployment technology to provide optical fiber network construction and capacity expansion services. The company's generates maximum revenue share from the People's Republic of China (PRC).

Executives

Qian Tiwei	2201 Interest of corporation controlled by you
Great Sharp International Limited	2106 Person having a security interest in shares
Liu Xuezhong	2101 Beneficial owner
Li Yuelan	2201 Interest of corporation controlled by you
China Fund Limited	2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited	2106 Person having a security interest in shares
Huarong International Financial Holdings Limited	2201 Interest of corporation controlled by you
Bei Jing Xing Yun Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Guo Aru
Jiang Changqing
Bright Warm Limited
Bei Jing Xing Yun Qing Ke Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Xing Ji Cheng Shi Wen Hua Chuan Mei You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Shi Zhong Xiao Qi Ye Fu Wu Zhong Xin	2201 Interest of corporation controlled by you

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