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Suntront Technology Co (SZSE:300259) Days Inventory : 276.76 (As of Mar. 2024)


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What is Suntront Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suntront Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥272 Mil. Suntront Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥90 Mil. Hence, Suntront Technology Co's Days Inventory for the three months ended in Mar. 2024 was 276.76.

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

SZSE:300259' s Days Inventory Range Over the Past 10 Years
Min: 72.88   Med: 142.15   Max: 185.01
Current: 185.01

During the past 13 years, Suntront Technology Co's highest Days Inventory was 185.01. The lowest was 72.88. And the median was 142.15.

SZSE:300259's Days Inventory is ranked worse than
72.18% of 2912 companies
in the Industrial Products industry
Industry Median: 120.75 vs SZSE:300259: 185.01

Suntront Technology Co's Days Inventory increased from Mar. 2023 (258.03) to Mar. 2024 (276.76). It might indicate that Suntront Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suntront Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.33.

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. Suntront Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.67.


Suntront Technology Co Days Inventory Historical Data

The historical data trend for Suntront 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.

Suntront Technology Co Days Inventory Chart

Suntront 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 152.57 137.89 146.41 173.39 172.39

Suntront 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 258.03 191.01 177.69 147.69 276.76

Competitive Comparison of Suntront Technology Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Suntront 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.


Suntront Technology Co's Days Inventory Distribution in the Industrial Products Industry

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

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



Suntront Technology Co Days Inventory Calculation

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

Suntront 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
=( (292.982 + 275.635) / 2 ) / 601.955*365
=284.3085 / 601.955*365
=172.39

Suntront 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
=( (275.635 + 267.438) / 2 ) / 89.529*365 / 4
=271.5365 / 89.529*365 / 4
=276.76

* 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.


Suntront Technology Co  (SZSE:300259) 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.

Suntront 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.

Suntront 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.


Suntront Technology Co Days Inventory Related Terms

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


Suntront Technology Co (SZSE:300259) Business Description

Traded in Other Exchanges
N/A
Address
No. 252 Hongsong Road, High and New Tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Suntront Technology Co Ltd is a Chinese manufacturer of smart meters. It develops smart meter technologies and solutions for use in the electricity, gas and water utility and distribution industries in China. The product portfolio of the company covers smart water meters, smart heat meters, gas meters, smart energy meters, AMR system, remote devices, and other products.
Executives
Liu Chang Executives
Xu Wen Liang Executives
Chang Ming Song Directors, executives
Li Jian Director
Liu Sheng Li Directors, executives
Wang Jun Director
Fei Zhan Bo Director
Yang Dong Ling Director, Securities Affairs Representative
Song Hong Liang Supervisors
Li Jian Wei Supervisors
Fei Zhan Jun Directors, executives
Lin An Xiu Executives
Wei Dong Lin Director
Yuan Jin Long Directors, executives
Zheng Yong Feng Supervisors

Suntront Technology Co (SZSE:300259) Headlines

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