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Zhuhai Bojay Electronics Co (SZSE:002975) Days Inventory : 204.74 (As of Mar. 2024)


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What is Zhuhai Bojay Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhuhai Bojay Electronics Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥332.7 Mil. Zhuhai Bojay Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥148.3 Mil. Hence, Zhuhai Bojay Electronics Co's Days Inventory for the three months ended in Mar. 2024 was 204.74.

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

SZSE:002975' s Days Inventory Range Over the Past 10 Years
Min: 90.36   Med: 136.78   Max: 238.1
Current: 219.5

During the past 9 years, Zhuhai Bojay Electronics Co's highest Days Inventory was 238.10. The lowest was 90.36. And the median was 136.78.

SZSE:002975's Days Inventory is ranked worse than
79.44% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:002975: 219.50

Zhuhai Bojay Electronics Co's Days Inventory declined from Mar. 2023 (266.50) to Mar. 2024 (204.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhuhai Bojay Electronics Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.45.

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. Zhuhai Bojay Electronics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.21.


Zhuhai Bojay Electronics Co Days Inventory Historical Data

The historical data trend for Zhuhai Bojay Electronics 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.

Zhuhai Bojay Electronics Co Days Inventory Chart

Zhuhai Bojay Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 141.29 107.29 141.13 165.79 238.10

Zhuhai Bojay Electronics 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 266.50 195.74 247.49 235.31 204.74

Competitive Comparison of Zhuhai Bojay Electronics Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Zhuhai Bojay Electronics 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.


Zhuhai Bojay Electronics Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhuhai Bojay Electronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhuhai Bojay Electronics Co's Days Inventory falls into.



Zhuhai Bojay Electronics Co Days Inventory Calculation

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

Zhuhai Bojay Electronics 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
=( (299.305 + 324.668) / 2 ) / 478.268*365
=311.9865 / 478.268*365
=238.10

Zhuhai Bojay Electronics 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
=( (324.668 + 340.828) / 2 ) / 148.305*365 / 4
=332.748 / 148.305*365 / 4
=204.74

* 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.


Zhuhai Bojay Electronics Co  (SZSE:002975) 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.

Zhuhai Bojay Electronics 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.

Zhuhai Bojay Electronics 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.


Zhuhai Bojay Electronics Co Days Inventory Related Terms

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


Zhuhai Bojay Electronics Co (SZSE:002975) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Futian Road, Xiangzhou District, Zhuhai, CHN
Zhuhai Bojay Electronics Co Ltd is engaged in research & development, production, sales and related technical services of industrial automation equipment and accessories, providing automated testing and automatic assembly solutions. Its products are used in factional testing and product assembly of electronic products in consuming electronics, automotive electronics, medical electronics and industrial electronics, helping customers realize semi-automation and full automation of production lines, improving production efficiency and product quality performance. The company's products include Automation Solution, RF Test Solution, Acoustic Test Solution, Electrical Test Solution, Optical Test Solution, and Vision test Solution.

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