3onedata Co (SHSE:688618) Days Inventory : 331.65 (As of Mar. 2024)

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What is 3onedata Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 3onedata Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥98.2 Mil. 3onedata Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥27.0 Mil. Hence, 3onedata Co's Days Inventory for the three months ended in Mar. 2024 was 331.65.

The historical rank and industry rank for 3onedata Co's Days Inventory or its related term are showing as below:

SHSE:688618' s Days Inventory Range Over the Past 10 Years
Min: 203.71 Med: 223.48 Max: 268.46
Current: 218.63

During the past 7 years, 3onedata Co's highest Days Inventory was 268.46. The lowest was 203.71. And the median was 223.48.

SHSE:688618's Days Inventory is ranked worse than
83.4% of 2410 companies
in the Hardware industry
Industry Median: 102.035 vs SHSE:688618: 218.63

3onedata Co's Days Inventory declined from Mar. 2023 (408.89) to Mar. 2024 (331.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. 3onedata Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.28.

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. 3onedata Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.30.

3onedata Co Days Inventory Historical Data

The historical data trend for 3onedata 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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3onedata Co Days Inventory Chart

3onedata Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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221.78

226.54

243.07

268.46

217.36

3onedata Co Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															408.89	183.91	248.32	170.74	331.65

Competitive Comparison of 3onedata Co's Days Inventory

For the Communication Equipment subindustry, 3onedata 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.

3onedata Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3onedata Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where 3onedata Co's Days Inventory falls into.

3onedata Co Days Inventory Calculation

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

3onedata 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
=	( (127.522	+	97.833)	/	2 )	/	189.216	*	365
=	112.6775					/	189.216	*	365
=	217.36

3onedata 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
=	( (97.833	+	98.502)	/	2 )	/	27.01	*	365 / 4
=	98.1675					/	27.01	*	365 / 4
=	331.65

3onedata Co (SHSE:688618) 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.

3onedata Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.01	/	98.1675
	=	0.28

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.

3onedata Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98.1675	/	75.496
	=	1.30

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.

3onedata Co Days Inventory Related Terms

Thank you for viewing the detailed overview of 3onedata Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

3onedata Co (SHSE:688618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3onedata Co Ltd (SHSE:688618) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Xili Street, Building 3, District 1, Baiwangxin High-tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.3onedata.com.cn

3onedata Co Ltd is engaged in the development, production and sales of industrial internet communication products for the digital, network and intelligent infrastructure needs of the industrial economy.

3onedata Co (SHSE:688618) Headlines

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