Transwarp Technology (Shanghai) Co (SHSE:688031) Days Inventory : 269.32 (As of Mar. 2024)

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What is Transwarp Technology (Shanghai) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transwarp Technology (Shanghai) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥56.9 Mil. Transwarp Technology (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥19.3 Mil. Hence, Transwarp Technology (Shanghai) Co's Days Inventory for the three months ended in Mar. 2024 was 269.32.

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

SHSE:688031' s Days Inventory Range Over the Past 10 Years
Min: 91.18 Med: 102.67 Max: 205.65
Current: 111.91

During the past 6 years, Transwarp Technology (Shanghai) Co's highest Days Inventory was 205.65. The lowest was 91.18. And the median was 102.67.

SHSE:688031's Days Inventory is ranked worse than
81.64% of 1563 companies
in the Software industry
Industry Median: 19.18 vs SHSE:688031: 111.91

Transwarp Technology (Shanghai) Co's Days Inventory increased from Mar. 2023 (243.38) to Mar. 2024 (269.32). It might indicate that Transwarp Technology (Shanghai) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Transwarp Technology (Shanghai) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.34.

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. Transwarp Technology (Shanghai) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.

Transwarp Technology (Shanghai) Co Days Inventory Historical Data

The historical data trend for Transwarp Technology (Shanghai) 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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Transwarp Technology (Shanghai) Co Days Inventory Chart

Transwarp Technology (Shanghai) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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144.71

102.04

99.51

103.29

91.18

Transwarp Technology (Shanghai) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											243.38	115.05	239.12	51.54	269.32

Competitive Comparison of Transwarp Technology (Shanghai) Co's Days Inventory

For the Software - Application subindustry, Transwarp Technology (Shanghai) 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.

Transwarp Technology (Shanghai) Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Transwarp Technology (Shanghai) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transwarp Technology (Shanghai) Co's Days Inventory falls into.

Transwarp Technology (Shanghai) Co Days Inventory Calculation

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

Transwarp Technology (Shanghai) 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
=	( (48.778	+	50.252)	/	2 )	/	198.219	*	365
=	49.515					/	198.219	*	365
=	91.18

Transwarp Technology (Shanghai) Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (50.252	+	63.527)	/	2 )	/	19.275	*	365 / 4
=	56.8895					/	19.275	*	365 / 4
=	269.32

Transwarp Technology (Shanghai) Co (SHSE:688031) 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.

Transwarp Technology (Shanghai) Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.275	/	56.8895
	=	0.34

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.

Transwarp Technology (Shanghai) Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56.8895	/	62.734
	=	0.91

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.

Transwarp Technology (Shanghai) Co Days Inventory Related Terms

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

Transwarp Technology (Shanghai) Co (SHSE:688031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Transwarp Technology (Shanghai) Co Ltd (SHSE:688031) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Hongcao Road, Floor 11-12, Building B, Xuhui District, Shanghai, CHN, 200233

Website

https://www.transwarp.cn

Transwarp Technology (Shanghai) Co Ltd provide basic software and services for the entire data life cycle of data integration, storage, governance, modeling, analysis, mining and circulation.

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