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SGSG Science & Technology Co Zhuhai (SZSE:300561) Days Inventory : 385.97 (As of Mar. 2024)


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What is SGSG Science & Technology Co Zhuhai Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SGSG Science & Technology Co Zhuhai's Average Total Inventories for the three months ended in Mar. 2024 was ¥36.8 Mil. SGSG Science & Technology Co Zhuhai's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥8.7 Mil. Hence, SGSG Science & Technology Co Zhuhai's Days Inventory for the three months ended in Mar. 2024 was 385.97.

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

SZSE:300561' s Days Inventory Range Over the Past 10 Years
Min: 151.29   Med: 257.57   Max: 364.14
Current: 252.91

During the past 13 years, SGSG Science & Technology Co Zhuhai's highest Days Inventory was 364.14. The lowest was 151.29. And the median was 257.57.

SZSE:300561's Days Inventory is ranked worse than
93.78% of 1560 companies
in the Software industry
Industry Median: 19.385 vs SZSE:300561: 252.91

SGSG Science & Technology Co Zhuhai's Days Inventory increased from Mar. 2023 (191.85) to Mar. 2024 (385.97). It might indicate that SGSG Science & Technology Co Zhuhai's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SGSG Science & Technology Co Zhuhai's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. SGSG Science & Technology Co Zhuhai's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.88.


SGSG Science & Technology Co Zhuhai Days Inventory Historical Data

The historical data trend for SGSG Science & Technology Co Zhuhai'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.

SGSG Science & Technology Co Zhuhai Days Inventory Chart

SGSG Science & Technology Co Zhuhai 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 249.14 151.29 232.77 279.27 226.85

SGSG Science & Technology Co Zhuhai 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 191.85 206.69 208.57 281.75 385.97

Competitive Comparison of SGSG Science & Technology Co Zhuhai's Days Inventory

For the Software - Infrastructure subindustry, SGSG Science & Technology Co Zhuhai'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.


SGSG Science & Technology Co Zhuhai's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, SGSG Science & Technology Co Zhuhai's Days Inventory distribution charts can be found below:

* The bar in red indicates where SGSG Science & Technology Co Zhuhai's Days Inventory falls into.



SGSG Science & Technology Co Zhuhai Days Inventory Calculation

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

SGSG Science & Technology Co Zhuhai'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
=( (53.207 + 37.401) / 2 ) / 72.895*365
=45.304 / 72.895*365
=226.85

SGSG Science & Technology Co Zhuhai'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
=( (37.401 + 36.249) / 2 ) / 8.706*365 / 4
=36.825 / 8.706*365 / 4
=385.97

* 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.


SGSG Science & Technology Co Zhuhai  (SZSE:300561) 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.

SGSG Science & Technology Co Zhuhai'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.

SGSG Science & Technology Co Zhuhai'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.


SGSG Science & Technology Co Zhuhai Days Inventory Related Terms

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


SGSG Science & Technology Co Zhuhai (SZSE:300561) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Software Park Road, Convention and Exhibition Center, 3rd floor, No. 3, Zhuhai, CHN, 519085
SGSG Science & Technology Co Ltd Zhuhai is specializing in the research and development and sales of IoT security electronic information technology products. It provides professional solutions and services for operations management, risk control, network transformation and channel construction of financial industry customers, government departments, enterprises and institutions. The company's main products and solutions consist of financial AI solution, financial mobile industry solutions, smart bank (Dot) solution, bank vault and seal management solution, self-service equipment plus banknote management solution, and real logistics management solutions.
Executives
Chen Zhe Directors, executives
Ma Zheng Directors, executives
He Yan Securities Affairs Representative
Ma Xiao Li Executives
Cai Lin Sheng Secretary Dong
Luo Xiu Hong Supervisors

SGSG Science & Technology Co Zhuhai (SZSE:300561) Headlines

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