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Goertek (SZSE:002241) Days Inventory : 67.81 (As of Mar. 2025)


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What is Goertek Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goertek's Average Total Inventories for the three months ended in Mar. 2025 was ¥10,613 Mil. Goertek's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥14,282 Mil. Hence, Goertek's Days Inventory for the three months ended in Mar. 2025 was 67.81.

The historical rank and industry rank for Goertek's Days Inventory or its related term are showing as below:

SZSE:002241' s Days Inventory Range Over the Past 10 Years
Min: 43.25   Med: 56.53   Max: 66.9
Current: 49.9

During the past 13 years, Goertek's highest Days Inventory was 66.90. The lowest was 43.25. And the median was 56.53.

SZSE:002241's Days Inventory is ranked better than
81.42% of 2373 companies
in the Hardware industry
Industry Median: 97.51 vs SZSE:002241: 49.90

Goertek's Days Inventory increased from Mar. 2024 (58.61) to Mar. 2025 (67.81). It might indicate that Goertek's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goertek's Inventory Turnover for the three months ended in Mar. 2025 was 1.35.

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. Goertek's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.65.


Goertek Days Inventory Historical Data

The historical data trend for Goertek'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.

Goertek Days Inventory Chart

Goertek Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.46 57.75 57.61 57.23 43.25

Goertek Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 58.61 59.22 46.04 40.24 67.81

Competitive Comparison of Goertek's Days Inventory

For the Consumer Electronics subindustry, Goertek'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.


Goertek's Days Inventory Distribution in the Hardware Industry

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

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


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Goertek Days Inventory Calculation

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

Goertek's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (10794.894 + 10478.869) / 2 ) / 89759.387*365
=10636.8815 / 89759.387*365
=43.25

Goertek's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (10478.869 + 10746.246) / 2 ) / 14282.065*365 / 4
=10612.5575 / 14282.065*365 / 4
=67.81

* 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.


Goertek  (SZSE:002241) 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.

Goertek's Inventory Turnover for the three months ended in Mar. 2025 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.

Goertek's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10612.5575 / 16304.934
=0.65

* 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.


Goertek Days Inventory Related Terms

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


Goertek Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Dongfang Road, Weifang High-tech Industrial Development Zone, Shandong Province, Weifang, Shandong, CHN, 261031
Goertek Inc is engaged in precision components like acoustics, sensors, optoelectronics, 3D package modules, augmented reality, smart wear, and intelligent audio.
Executives
Jia Jun An Directors, executives
Jiang Bin Director
Sun Hong Bin Supervisors
Duan Hui Lu Directors, executives
Liu Chun Fa Executives
Jiang Long Directors, executives
Yu Da Chao Executives
Gong Jian Tang Directors, executives
Jiang Hong Zhai Executives
Xu Hai Zhong Directors, executives
Xiao Ming Yu Executives
Yao Rong Guo Supervisors
Sun Wei Hua Directors, executives
Song Qing Lin Supervisors
Hu Shuang Mei Executives

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