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Shanghai Huace Navigation Technology (SZSE:300627) Days Inventory : 183.36 (As of Mar. 2024)


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What is Shanghai Huace Navigation Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Huace Navigation Technology's Average Total Inventories for the three months ended in Mar. 2024 was ¥511 Mil. Shanghai Huace Navigation Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥254 Mil. Hence, Shanghai Huace Navigation Technology's Days Inventory for the three months ended in Mar. 2024 was 183.36.

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

SZSE:300627' s Days Inventory Range Over the Past 10 Years
Min: 110.69   Med: 133.14   Max: 208.67
Current: 153.7

During the past 12 years, Shanghai Huace Navigation Technology's highest Days Inventory was 208.67. The lowest was 110.69. And the median was 133.14.

SZSE:300627's Days Inventory is ranked worse than
69.75% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs SZSE:300627: 153.70

Shanghai Huace Navigation Technology's Days Inventory declined from Mar. 2023 (197.76) to Mar. 2024 (183.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Huace Navigation Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.50.

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. Shanghai Huace Navigation Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.83.


Shanghai Huace Navigation Technology Days Inventory Historical Data

The historical data trend for Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology Days Inventory Chart

Shanghai Huace Navigation Technology 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 120.60 114.13 128.78 151.00 147.01

Shanghai Huace Navigation Technology 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 197.76 147.08 174.10 121.49 183.36

Competitive Comparison of Shanghai Huace Navigation Technology's Days Inventory

For the Scientific & Technical Instruments subindustry, Shanghai Huace Navigation Technology'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.


Shanghai Huace Navigation Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai Huace Navigation Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Huace Navigation Technology's Days Inventory falls into.



Shanghai Huace Navigation Technology Days Inventory Calculation

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

Shanghai Huace Navigation Technology'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
=( (425.12 + 486.028) / 2 ) / 1131.112*365
=455.574 / 1131.112*365
=147.01

Shanghai Huace Navigation Technology'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
=( (486.028 + 535.39) / 2 ) / 254.152*365 / 4
=510.709 / 254.152*365 / 4
=183.36

* 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.


Shanghai Huace Navigation Technology  (SZSE:300627) 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.

Shanghai Huace Navigation Technology'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.

Shanghai Huace Navigation Technology'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.


Shanghai Huace Navigation Technology Days Inventory Related Terms

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


Shanghai Huace Navigation Technology (SZSE:300627) Business Description

Traded in Other Exchanges
N/A
Address
No. 599, Gaojing Road, 3rd Floor, Building D, Qingpu District, Shanghai, CHN, 201702
Shanghai Huace Navigation Technology Ltd manufactures satellite navigation and positioning systems and equipment, geographic information and disaster monitoring system and equipment. It provides positioning solutions for surveying, construction, GIS and marine applications in various countries. The company offers products for GIS data collection, GNSS infrastructure, unmanned aircraft systems, marine construction, optical surveying, GNSS survey and engineering, and precision agriculture.

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