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AZI (Autozi Internet Technology (Global)) Days Inventory : 6.24 (As of Sep. 2024)


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What is Autozi Internet Technology (Global) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Autozi Internet Technology (Global)'s Average Total Inventories for the six months ended in Sep. 2024 was $2.6 Mil. Autozi Internet Technology (Global)'s Cost of Goods Sold for the six months ended in Sep. 2024 was $75.5 Mil. Hence, Autozi Internet Technology (Global)'s Days Inventory for the six months ended in Sep. 2024 was 6.24.

The historical rank and industry rank for Autozi Internet Technology (Global)'s Days Inventory or its related term are showing as below:

AZI' s Days Inventory Range Over the Past 10 Years
Min: 1.69   Med: 2.3   Max: 6.15
Current: 5.96

During the past 4 years, Autozi Internet Technology (Global)'s highest Days Inventory was 6.15. The lowest was 1.69. And the median was 2.30.

AZI's Days Inventory is ranked better than
98.57% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 80.52 vs AZI: 5.96

Autozi Internet Technology (Global)'s Days Inventory increased from Sep. 2023 (3.74) to Sep. 2024 (6.24). It might indicate that Autozi Internet Technology (Global)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Autozi Internet Technology (Global)'s Inventory Turnover for the six months ended in Sep. 2024 was 29.23.

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. Autozi Internet Technology (Global)'s Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.03.


Autozi Internet Technology (Global) Days Inventory Historical Data

The historical data trend for Autozi Internet Technology (Global)'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.

Autozi Internet Technology (Global) Days Inventory Chart

Autozi Internet Technology (Global) Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Days Inventory
1.93 1.69 2.66 6.15

Autozi Internet Technology (Global) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial 2.16 5.67 3.74 5.28 6.24

Competitive Comparison of Autozi Internet Technology (Global)'s Days Inventory

For the Auto & Truck Dealerships subindustry, Autozi Internet Technology (Global)'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.


Autozi Internet Technology (Global)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autozi Internet Technology (Global)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Autozi Internet Technology (Global)'s Days Inventory falls into.


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Autozi Internet Technology (Global) Days Inventory Calculation

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

Autozi Internet Technology (Global)'s Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

Days Inventory (A: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (0.889 + 3.27) / 2 ) / 123.484*365
=2.0795 / 123.484*365
=6.15

Autozi Internet Technology (Global)'s Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.892 + 3.27) / 2 ) / 75.453*365 / 2
=2.581 / 75.453*365 / 2
=6.24

* 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.


Autozi Internet Technology (Global)  (NAS:AZI) 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.

Autozi Internet Technology (Global)'s Inventory Turnover for the six months ended in Sep. 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.

Autozi Internet Technology (Global)'s Inventory to Revenue for the six months ended in Sep. 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.


Autozi Internet Technology (Global) Days Inventory Related Terms

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Autozi Internet Technology (Global) Business Description

Traded in Other Exchanges
N/A
Address
Yongtaizhuang North Road, Intelligence Park No. 26, Building B09, Haidian District, Beijing, CHN
Autozi Internet Technology (Global) Ltd provides high-quality, affordable, and professional one-stop automotive products and services through online and offline channels in China. Leveraging its online supply chain cloud platform, SaaS platforms, and the network of MBS stores, It has established an ecosystem of lifecycle automotive services by connecting automotive manufacturers, auto parts manufacturers, and insurance companies with MBS stores and various automotive owners. Its business segments include new car sales, auto parts and auto accessories sales, and automotive insurance-related services. The majority of revenue is from the new car sales segment, and auto parts & auto accessories sales.