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Wonders Information Co (SZSE:300168) Days Inventory : 187.90 (As of Sep. 2023)


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What is Wonders Information Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wonders Information Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥885 Mil. Wonders Information Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥430 Mil. Hence, Wonders Information Co's Days Inventory for the three months ended in Sep. 2023 was 187.90.

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

SZSE:300168' s Days Inventory Range Over the Past 10 Years
Min: 45.81   Med: 209.62   Max: 359.24
Current: 151.31

During the past 13 years, Wonders Information Co's highest Days Inventory was 359.24. The lowest was 45.81. And the median was 209.62.

SZSE:300168's Days Inventory is ranked worse than
86.45% of 1564 companies
in the Software industry
Industry Median: 19.625 vs SZSE:300168: 151.31

Wonders Information Co's Days Inventory increased from Sep. 2022 (118.19) to Sep. 2023 (187.90). It might indicate that Wonders Information Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wonders Information Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.49.

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. Wonders Information Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.78.


Wonders Information Co Days Inventory Historical Data

The historical data trend for Wonders Information 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.

Wonders Information Co Days Inventory Chart

Wonders Information Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.24 318.32 179.28 126.96 129.07

Wonders Information Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 118.19 114.38 171.81 151.18 187.90

Competitive Comparison of Wonders Information Co's Days Inventory

For the Information Technology Services subindustry, Wonders Information 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.


Wonders Information Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Wonders Information Co's Days Inventory falls into.



Wonders Information Co Days Inventory Calculation

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

Wonders Information Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (854.229 + 823.337) / 2 ) / 2372.049*365
=838.783 / 2372.049*365
=129.07

Wonders Information Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (923.352 + 845.81) / 2 ) / 429.589*365 / 4
=884.581 / 429.589*365 / 4
=187.90

* 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.


Wonders Information Co  (SZSE:300168) 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.

Wonders Information Co's Inventory Turnover for the three months ended in Sep. 2023 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.

Wonders Information Co's Inventory to Revenue for the three months ended in Sep. 2023 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.


Wonders Information Co Days Inventory Related Terms

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


Wonders Information Co (SZSE:300168) Business Description

Traded in Other Exchanges
N/A
Address
No 1518, Lianhang Road, Minhang District, Shanghai, CHN, 201112
Wonders Information Co Ltd is a software and service provider of information technology. Based on the core business of the industry, the company focuses on the development of online operation of public services, actively explores offline closed-loop services, continuously improves the operational efficiency of the city, and provides more convenient services, leading the transformation of the national medical health, culture and education industries. The company holds more than 600 software products and software copyrights.

Wonders Information Co (SZSE:300168) Headlines

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