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Focused Photonics (Hangzhou) (SZSE:300203) Days Inventory : 446.83 (As of Mar. 2024)


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What is Focused Photonics (Hangzhou) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Focused Photonics (Hangzhou)'s Average Total Inventories for the three months ended in Mar. 2024 was ¥1,386 Mil. Focused Photonics (Hangzhou)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥283 Mil. Hence, Focused Photonics (Hangzhou)'s Days Inventory for the three months ended in Mar. 2024 was 446.83.

The historical rank and industry rank for Focused Photonics (Hangzhou)'s Days Inventory or its related term are showing as below:

SZSE:300203' s Days Inventory Range Over the Past 10 Years
Min: 163.07   Med: 193.12   Max: 289.7
Current: 289.7

During the past 13 years, Focused Photonics (Hangzhou)'s highest Days Inventory was 289.70. The lowest was 163.07. And the median was 193.12.

SZSE:300203's Days Inventory is ranked worse than
90.49% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs SZSE:300203: 289.70

Focused Photonics (Hangzhou)'s Days Inventory declined from Mar. 2023 (457.40) to Mar. 2024 (446.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Focused Photonics (Hangzhou)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Focused Photonics (Hangzhou)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.57.


Focused Photonics (Hangzhou) Days Inventory Historical Data

The historical data trend for Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou) Days Inventory Chart

Focused Photonics (Hangzhou) 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 193.08 176.72 193.52 228.51 265.99

Focused Photonics (Hangzhou) 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 457.40 325.09 299.18 199.62 446.83

Competitive Comparison of Focused Photonics (Hangzhou)'s Days Inventory

For the Scientific & Technical Instruments subindustry, Focused Photonics (Hangzhou)'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.


Focused Photonics (Hangzhou)'s Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Focused Photonics (Hangzhou)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Focused Photonics (Hangzhou)'s Days Inventory falls into.



Focused Photonics (Hangzhou) Days Inventory Calculation

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

Focused Photonics (Hangzhou)'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
=( (1349.885 + 1373.752) / 2 ) / 1868.736*365
=1361.8185 / 1868.736*365
=265.99

Focused Photonics (Hangzhou)'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
=( (1373.752 + 1398.833) / 2 ) / 283.105*365 / 4
=1386.2925 / 283.105*365 / 4
=446.83

* 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.


Focused Photonics (Hangzhou)  (SZSE:300203) 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.

Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou)'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.


Focused Photonics (Hangzhou) Days Inventory Related Terms

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


Focused Photonics (Hangzhou) (SZSE:300203) Business Description

Traded in Other Exchanges
N/A
Address
459 Qian'mo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Focused Photonics (Hangzhou) Inc. is engaged in R&D, manufacture, and distribution of instruments which are widely used in safety monitoring and environmental protection. It measures gas, air, dust, and water. The company offers its products for use in marine, engine, refinery, chemical, natural gas, iron and steel, power plant, waste incineration, cement, and emission applications. Its products are well known in China and distributed worldwide.
Executives
Gu Hai Tao Director
Han Shuang Lai Directors, executives
Wei Jun Zheng Supervisors
Yao Na Xin Directors, executives
Wang Jian Directors, executives
Sun You Xian Independent director

Focused Photonics (Hangzhou) (SZSE:300203) Headlines

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