GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kingsignal Technology Co Ltd (SZSE:300252) » Definitions » Days Inventory

Kingsignal Technology Co (SZSE:300252) Days Inventory : 83.69 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Kingsignal Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingsignal Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥365 Mil. Kingsignal Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥398 Mil. Hence, Kingsignal Technology Co's Days Inventory for the three months ended in Mar. 2024 was 83.69.

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

SZSE:300252' s Days Inventory Range Over the Past 10 Years
Min: 57.99   Med: 75.71   Max: 99.43
Current: 91.73

During the past 13 years, Kingsignal Technology Co's highest Days Inventory was 99.43. The lowest was 57.99. And the median was 75.71.

SZSE:300252's Days Inventory is ranked better than
55.84% of 2407 companies
in the Hardware industry
Industry Median: 101.84 vs SZSE:300252: 91.73

Kingsignal Technology Co's Days Inventory increased from Mar. 2023 (79.24) to Mar. 2024 (83.69). It might indicate that Kingsignal Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingsignal Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.09.

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. Kingsignal Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.78.


Kingsignal Technology Co Days Inventory Historical Data

The historical data trend for Kingsignal Technology 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.

Kingsignal Technology Co Days Inventory Chart

Kingsignal Technology 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 57.99 78.02 73.40 99.43 96.02

Kingsignal Technology 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 79.24 85.99 101.27 94.64 83.69

Competitive Comparison of Kingsignal Technology Co's Days Inventory

For the Communication Equipment subindustry, Kingsignal Technology 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.


Kingsignal Technology Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Kingsignal Technology Co's Days Inventory falls into.



Kingsignal Technology Co Days Inventory Calculation

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

Kingsignal Technology 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
=( (538.073 + 358.746) / 2 ) / 1704.538*365
=448.4095 / 1704.538*365
=96.02

Kingsignal Technology 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
=( (358.746 + 371.817) / 2 ) / 398.276*365 / 4
=365.2815 / 398.276*365 / 4
=83.69

* 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.


Kingsignal Technology Co  (SZSE:300252) 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.

Kingsignal Technology 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.

Kingsignal Technology 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.


Kingsignal Technology Co Days Inventory Related Terms

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


Kingsignal Technology Co (SZSE:300252) Business Description

Traded in Other Exchanges
N/A
Address
Room 302, 9th Building, Shenzhen Software Park, Shenzhen High-tech Zone, Central District, Guangdong, Shenzhen, CHN, 518057
Kingsignal Technology Co Ltd is a Chinese company mainly engaged in research, development, production, and sale of signal interconnection products such as mid-range and high-end RF coaxial cables, connectors and accessories, optical fiber, PCB, LAN cable, large logarithmic power cord and data video components. The company has a business presence in China and other international countries. The market scope of the company covers telecom and internet, aerospace, new energy, transportation and medical. Its products include RF transmission, electrical transmission, optical transmission, differential transmission, PCB panel, chip modules, and others.
Executives
Zheng Jun Director
Huang Chang Hua Director
Wu Hua Supervisors
Wu Jing Ping Secretary, Director
Wu Jin Executives
Xiao Dong Hua Directors, executives

Kingsignal Technology Co (SZSE:300252) Headlines

No Headlines