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Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Days Inventory : 5.17 (As of Dec. 2023)


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What is Shanghai Jiaoda Withub Information Industrial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Jiaoda Withub Information Industrial Co's Average Total Inventories for the three months ended in Dec. 2023 was HK$0.62 Mil. Shanghai Jiaoda Withub Information Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$10.99 Mil. Hence, Shanghai Jiaoda Withub Information Industrial Co's Days Inventory for the three months ended in Dec. 2023 was 5.17.

The historical rank and industry rank for Shanghai Jiaoda Withub Information Industrial Co's Days Inventory or its related term are showing as below:

HKSE:08205' s Days Inventory Range Over the Past 10 Years
Min: 7.42   Med: 17.97   Max: 37.5
Current: 7.42

During the past 13 years, Shanghai Jiaoda Withub Information Industrial Co's highest Days Inventory was 37.50. The lowest was 7.42. And the median was 17.97.

HKSE:08205's Days Inventory is ranked better than
65.92% of 1561 companies
in the Software industry
Industry Median: 19.5 vs HKSE:08205: 7.42

Shanghai Jiaoda Withub Information Industrial Co's Days Inventory increased from Dec. 2022 (4.07) to Dec. 2023 (5.17). It might indicate that Shanghai Jiaoda Withub Information Industrial Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Jiaoda Withub Information Industrial Co's Inventory Turnover for the three months ended in Dec. 2023 was 17.65.

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. Shanghai Jiaoda Withub Information Industrial Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.


Shanghai Jiaoda Withub Information Industrial Co Days Inventory Historical Data

The historical data trend for Shanghai Jiaoda Withub Information Industrial 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.

Shanghai Jiaoda Withub Information Industrial Co Days Inventory Chart

Shanghai Jiaoda Withub Information Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.83 9.93 13.54 11.48 7.57

Shanghai Jiaoda Withub Information Industrial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.07 11.39 6.35 8.69 5.17

Competitive Comparison of Shanghai Jiaoda Withub Information Industrial Co's Days Inventory

For the Software - Application subindustry, Shanghai Jiaoda Withub Information Industrial 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.


Shanghai Jiaoda Withub Information Industrial Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Jiaoda Withub Information Industrial Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Jiaoda Withub Information Industrial Co's Days Inventory falls into.



Shanghai Jiaoda Withub Information Industrial Co Days Inventory Calculation

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

Shanghai Jiaoda Withub Information Industrial 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
=( (0.75 + 0.623) / 2 ) / 33.113*365
=0.6865 / 33.113*365
=7.57

Shanghai Jiaoda Withub Information Industrial 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0.623) / 1 ) / 10.994*365 / 4
=0.623 / 10.994*365 / 4
=5.17

* 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.


Shanghai Jiaoda Withub Information Industrial Co  (HKSE:08205) 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.

Shanghai Jiaoda Withub Information Industrial Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Shanghai Jiaoda Withub Information Industrial Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Shanghai Jiaoda Withub Information Industrial Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shanghai Jiaoda Withub Information Industrial Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Jiaoda Withub Information Industrial Co (HKSE:08205) Business Description

Traded in Other Exchanges
N/A
Address
Building A, No. 951 Panyu Road, Shanghai Jiaoda Withub Information Park, Shanghai, CHN, 200030
Shanghai Jiaoda Withub Information Industrial Co Ltd is engaged in computer network and internet security integration, application software development, building intelligent system integration, and information technology products sales agent. The business of company operates through two segments that include Business application project and application software & Sales of Products. The Business Application Project and Application Software segment is engaged in the development and provision of business application project services, including business solutions, application software, installation & maintenance services, and data security products. The Business Application Solutions generate maximum revenue for the company. It offers its services only to the People's Republic of China region.

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