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Guangdong Dtech Technology Co (SZSE:301377) Days Inventory : 146.89 (As of Mar. 2024)


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What is Guangdong Dtech Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Dtech Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥355 Mil. Guangdong Dtech Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥220 Mil. Hence, Guangdong Dtech Technology Co's Days Inventory for the three months ended in Mar. 2024 was 146.89.

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

SZSE:301377' s Days Inventory Range Over the Past 10 Years
Min: 134.48   Med: 148.18   Max: 246.5
Current: 137.58

During the past 6 years, Guangdong Dtech Technology Co's highest Days Inventory was 246.50. The lowest was 134.48. And the median was 148.18.

SZSE:301377's Days Inventory is ranked worse than
64.31% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs SZSE:301377: 137.58

Guangdong Dtech Technology Co's Days Inventory declined from Mar. 2023 (173.54) to Mar. 2024 (146.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Dtech Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. Guangdong Dtech Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.07.


Guangdong Dtech Technology Co Days Inventory Historical Data

The historical data trend for Guangdong Dtech 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.

Guangdong Dtech Technology Co Days Inventory Chart

Guangdong Dtech Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 167.10 - 134.48 148.18 142.11

Guangdong Dtech Technology Co Quarterly Data
Dec18 Dec19 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 173.54 142.95 142.54 117.43 146.89

Competitive Comparison of Guangdong Dtech Technology Co's Days Inventory

For the Electronic Components subindustry, Guangdong Dtech 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.


Guangdong Dtech Technology Co's Days Inventory Distribution in the Hardware Industry

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

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



Guangdong Dtech Technology Co Days Inventory Calculation

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

Guangdong Dtech 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
=( (313.785 + 339.788) / 2 ) / 839.358*365
=326.7865 / 839.358*365
=142.11

Guangdong Dtech 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
=( (339.788 + 369.773) / 2 ) / 220.39*365 / 4
=354.7805 / 220.39*365 / 4
=146.89

* 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.


Guangdong Dtech Technology Co  (SZSE:301377) 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.

Guangdong Dtech 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.

Guangdong Dtech 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.


Guangdong Dtech Technology Co Days Inventory Related Terms

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


Guangdong Dtech Technology Co (SZSE:301377) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Chiling Industrial First Ring Road, Room 102, Building 2, Houjie Town, Guangdong Province, Dongguan, CHN, 523940
Guangdong Dtech Technology Co Ltd provides integrated solutions of tools, materials and equipment for enterprises in the fields of printed circuit board and CNC precision parts.

Guangdong Dtech Technology Co (SZSE:301377) Headlines

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