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Wondershare Technology Group Co (SZSE:300624) Days Inventory : 0.00 (As of Mar. 2024)


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What is Wondershare Technology Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wondershare Technology Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥0 Mil. Wondershare Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20 Mil. Hence, Wondershare Technology Group Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, Wondershare Technology Group Co's highest Days Inventory was 85.80. The lowest was 2.80. And the median was 38.08.

SZSE:300624's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

Wondershare Technology Group Co's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Wondershare Technology Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Wondershare Technology Group Co Days Inventory Historical Data

The historical data trend for Wondershare Technology Group 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.

Wondershare Technology Group Co Days Inventory Chart

Wondershare Technology Group 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 70.84 32.48 2.80 - -

Wondershare Technology Group 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 - - - - -

Competitive Comparison of Wondershare Technology Group Co's Days Inventory

For the Software - Application subindustry, Wondershare Technology Group 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.


Wondershare Technology Group Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Wondershare Technology Group Co's Days Inventory distribution charts can be found below:

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



Wondershare Technology Group Co Days Inventory Calculation

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

Wondershare Technology Group 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
=( (0 + 0) / 1 ) / 77.468*365
=0 / 77.468*365
=0.00

Wondershare Technology Group 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
=( (0 + 0) / 1 ) / 19.68*365 / 4
=0 / 19.68*365 / 4
=0.00

* 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.


Wondershare Technology Group Co  (SZSE:300624) 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.

Wondershare Technology Group 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.

Wondershare Technology Group 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.


Wondershare Technology Group Co Days Inventory Related Terms

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


Wondershare Technology Group Co (SZSE:300624) Business Description

Traded in Other Exchanges
N/A
Address
Haidian Road, 14th Software Industry Base 5 D Block, 10th Floor, Nanshan District, Shenzhen, CHN, 850000
Wondershare Technology Group Co Ltd, formerly Wondershare Technology Co Ltd is a China-based company engages in the manufacture and sale of a software application. It offers multimedia, utility, office, mobile, and other software products, as well as featured products. The company's products can be applied to personal computers, tablet PCs, smartphones and other application terminals.
Executives
Wu Tai Bing Directors, executives
Hu Li Feng Executives
Liu Qiu Wei Executives
Chen Qi Sheng Independent director
Peng Hai Xia Securities Affairs Representative
Zhang Zheng Director
Sun Chun Directors, Directors, and Executives
Zhu Wei Directors, executives
Chen Jiang Jiang Supervisors
Ling Shu Guang Supervisors
Zhu Jian Huan Director

Wondershare Technology Group Co (SZSE:300624) Headlines

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