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Borqs Technologies Days Inventory

: 83.78 (As of Jun. 2020)
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Borqs Technologies's Total Inventories for the six months ended in Jun. 2020 was $4.38 Mil. Borqs Technologies's Cost of Goods Sold for the six months ended in Jun. 2020 was $9.53 Mil. Hence, Borqs Technologies's Days Inventory for the six months ended in Jun. 2020 was 83.78.

NAS:BRQS' s Days Inventory Range Over the Past 10 Years
Min: 18.43   Med: 19.73   Max: 21.02
Current: 19.65

18.43
21.02

During the past 4 years, Borqs Technologies's highest Days Inventory was 21.02. The lowest was 18.43. And the median was 19.73.

NAS:BRQS's Days Inventory is ranked lower than
51% of the 1301 Companies
in the Software industry.

( Industry Median: 19.03 vs. NAS:BRQS: 19.65 )

Borqs Technologies's Days Inventory increased from Jun. 2019 (69.36) to Jun. 2020 (83.78). It might indicate that Borqs Technologies's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Borqs Technologies's Inventory Turnover for the six months ended in Jun. 2020 was 2.18.

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. Borqs Technologies's Inventory-to-Revenue for the six months ended in Jun. 2020 was 0.40.


Borqs Technologies Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Borqs Technologies Annual Data
Jun16 Jun17 Dec18 Dec19
Days Inventory 0.00 0.00 18.43 21.02

Borqs Technologies Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.30 40.53 69.36 11.75 83.78

Competitive Comparison
* 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.


Borqs Technologies Days Inventory Distribution

* The bar in red indicates where Borqs Technologies's Days Inventory falls into.



Borqs Technologies Days Inventory Calculation

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

Borqs Technologies's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (6.788 + 4.543) / 2 ) / 98.389*365
=5.6655 / 98.389*365
=21.02

Borqs Technologies's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (4.543 + 4.209) / 2 ) / 9.532*365 / 2
=4.376 / 9.532*365 / 2
=83.78

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Borqs Technologies  (NAS:BRQS) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Borqs Technologies's Days Sales of Inventory for the six months ended in Jun. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=4.376/11.016*365 / 2
=72.50

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

Borqs Technologies's Inventory Turnover for the six months ended in Jun. 2020 is calculated as

3. 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.

Borqs Technologies's Inventory to Revenue for the six months ended in Jun. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers 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.


Borqs Technologies Days Inventory Related Terms


Borqs Technologies Days Inventory Headlines

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