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Han's Laser Technology Industry Group Co (SZSE:002008) Days Inventory : 238.11 (As of Mar. 2024)


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What is Han's Laser Technology Industry Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Han's Laser Technology Industry Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥4,621 Mil. Han's Laser Technology Industry Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,771 Mil. Hence, Han's Laser Technology Industry Group Co's Days Inventory for the three months ended in Mar. 2024 was 238.11.

The historical rank and industry rank for Han's Laser Technology Industry Group Co's Days Inventory or its related term are showing as below:

SZSE:002008' s Days Inventory Range Over the Past 10 Years
Min: 111.16   Med: 157.88   Max: 197.68
Current: 197.68

During the past 13 years, Han's Laser Technology Industry Group Co's highest Days Inventory was 197.68. The lowest was 111.16. And the median was 157.88.

SZSE:002008's Days Inventory is ranked worse than
75.1% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs SZSE:002008: 197.68

Han's Laser Technology Industry Group Co's Days Inventory declined from Mar. 2023 (274.84) to Mar. 2024 (238.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Han's Laser Technology Industry Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

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. Han's Laser Technology Industry Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.74.


Han's Laser Technology Industry Group Co Days Inventory Historical Data

The historical data trend for Han's Laser Technology Industry Group 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.

Han's Laser Technology Industry Group Co Days Inventory Chart

Han's Laser Technology Industry Group 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 157.20 158.55 155.62 180.70 178.57

Han's Laser Technology Industry Group Co Quarterly Data
Jun19 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 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 274.84 207.52 239.48 140.33 238.11

Competitive Comparison of Han's Laser Technology Industry Group Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry Group 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.


Han's Laser Technology Industry Group Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Han's Laser Technology Industry Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Han's Laser Technology Industry Group Co's Days Inventory falls into.



Han's Laser Technology Industry Group Co Days Inventory Calculation

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

Han's Laser Technology Industry Group 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
=( (4576.721 + 4393.391) / 2 ) / 9167.616*365
=4485.056 / 9167.616*365
=178.57

Han's Laser Technology Industry Group 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
=( (4393.391 + 4848.398) / 2 ) / 1770.824*365 / 4
=4620.8945 / 1770.824*365 / 4
=238.11

* 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.


Han's Laser Technology Industry Group Co  (SZSE:002008) 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.

Han's Laser Technology Industry Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Han's Laser Technology Industry Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Han's Laser Technology Industry Group Co Days Inventory Related Terms

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


Han's Laser Technology Industry Group Co (SZSE:002008) Business Description

Traded in Other Exchanges
N/A
Address
NO. 9988 Shennan Avenue, Han's Laser Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
Executives
Du Yong Gang Directors, executives
Chen Ke Sheng Executives
Ren Ning Executives
Zhou Hui Qiang Executives
Zhang Jian Qun Directors, executives
Ning Yan Hua Executives
Yang Chao Hui Executives
Huang Xiang Hu Executives
Yin Jian Gang Executives
Zhao Guang Hui Executives
Chen Xue Mei Supervisors
Li Yu Ting Executives
Chen Yan Executives
Wang Lin Securities Affairs Representative
Zhang Hong Xin Executives

Han's Laser Technology Industry Group Co (SZSE:002008) Headlines

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