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Henan Cocyber Information and Technology Co (BJSE:835207) Days Inventory : 227.08 (As of Sep. 2024)


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What is Henan Cocyber Information and Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Henan Cocyber Information and Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥101.6 Mil. Henan Cocyber Information and Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥40.8 Mil. Hence, Henan Cocyber Information and Technology Co's Days Inventory for the three months ended in Sep. 2024 was 227.08.

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

BJSE:835207' s Days Inventory Range Over the Past 10 Years
Min: 22.85   Med: 88.88   Max: 186.05
Current: 135.42

During the past 11 years, Henan Cocyber Information and Technology Co's highest Days Inventory was 186.05. The lowest was 22.85. And the median was 88.88.

BJSE:835207's Days Inventory is ranked worse than
84.87% of 1573 companies
in the Software industry
Industry Median: 19.41 vs BJSE:835207: 135.42

Henan Cocyber Information and Technology Co's Days Inventory increased from Sep. 2023 (159.58) to Sep. 2024 (227.08). It might indicate that Henan Cocyber Information and Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Cocyber Information and Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.40.

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. Henan Cocyber Information and Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.88.


Henan Cocyber Information and Technology Co Days Inventory Historical Data

The historical data trend for Henan Cocyber Information and 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.

Henan Cocyber Information and Technology Co Days Inventory Chart

Henan Cocyber Information and Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.09 114.00 156.92 186.05 170.52

Henan Cocyber Information and Technology Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 159.58 109.33 128.16 141.37 227.08

Competitive Comparison of Henan Cocyber Information and Technology Co's Days Inventory

For the Information Technology Services subindustry, Henan Cocyber Information and 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.


Henan Cocyber Information and Technology Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Henan Cocyber Information and Technology Co's Days Inventory falls into.



Henan Cocyber Information and Technology Co Days Inventory Calculation

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

Henan Cocyber Information and 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
=( (92.929 + 140.924) / 2 ) / 250.281*365
=116.9265 / 250.281*365
=170.52

Henan Cocyber Information and Technology Co'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: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (95.37 + 107.769) / 2 ) / 40.814*365 / 4
=101.5695 / 40.814*365 / 4
=227.08

* 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.


Henan Cocyber Information and Technology Co  (BJSE:835207) 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.

Henan Cocyber Information and Technology Co's Inventory Turnover for the three 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.

Henan Cocyber Information and Technology Co's Inventory to Revenue for the three 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.


Henan Cocyber Information and Technology Co Days Inventory Related Terms

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


Henan Cocyber Information and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 148, West Third Ring Road,, Floor 12 and Floor 13, Building 7, High-tech Industrial Development Zone, Henan Province, Zhengzhou City, CHN, 450003
Henan Cocyber Information and Technology Co Ltd is an information system integration service provider. It engages in the development of virtual reality core technology, security and big data services, cloud transformation, operation and maintenance operations.

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