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Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Days Inventory : 743.28 (As of Mar. 2024)


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What is Hi-Think Yondervision (Beijing) Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hi-Think Yondervision (Beijing) Tech Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥106.9 Mil. Hi-Think Yondervision (Beijing) Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥13.1 Mil. Hence, Hi-Think Yondervision (Beijing) Tech Co's Days Inventory for the three months ended in Mar. 2024 was 743.28.

The historical rank and industry rank for Hi-Think Yondervision (Beijing) Tech Co's Days Inventory or its related term are showing as below:

BJSE:837592' s Days Inventory Range Over the Past 10 Years
Min: 18.53   Med: 143.85   Max: 271.62
Current: 263.23

During the past 11 years, Hi-Think Yondervision (Beijing) Tech Co's highest Days Inventory was 271.62. The lowest was 18.53. And the median was 143.85.

BJSE:837592's Days Inventory is ranked worse than
94.04% of 1561 companies
in the Software industry
Industry Median: 18.99 vs BJSE:837592: 263.23

Hi-Think Yondervision (Beijing) Tech Co's Days Inventory increased from Mar. 2023 (564.55) to Mar. 2024 (743.28). It might indicate that Hi-Think Yondervision (Beijing) Tech Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hi-Think Yondervision (Beijing) Tech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.12.

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. Hi-Think Yondervision (Beijing) Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.26.


Hi-Think Yondervision (Beijing) Tech Co Days Inventory Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech 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.

Hi-Think Yondervision (Beijing) Tech Co Days Inventory Chart

Hi-Think Yondervision (Beijing) Tech 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 220.46 159.66 132.94 154.75 210.80

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 564.55 259.15 534.50 125.11 743.28

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Days Inventory

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech 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.


Hi-Think Yondervision (Beijing) Tech Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Days Inventory falls into.



Hi-Think Yondervision (Beijing) Tech Co Days Inventory Calculation

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

Hi-Think Yondervision (Beijing) Tech 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
=( (58.686 + 96.992) / 2 ) / 134.777*365
=77.839 / 134.777*365
=210.80

Hi-Think Yondervision (Beijing) Tech Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (96.992 + 116.764) / 2 ) / 13.121*365 / 4
=106.878 / 13.121*365 / 4
=743.28

* 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.


Hi-Think Yondervision (Beijing) Tech Co  (BJSE:837592) 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.

Hi-Think Yondervision (Beijing) Tech Co's Inventory Turnover for the three months ended in Mar. 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.

Hi-Think Yondervision (Beijing) Tech Co's Inventory to Revenue for the three months ended in Mar. 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.


Hi-Think Yondervision (Beijing) Tech Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Hi-Think Yondervision (Beijing) Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088
Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Headlines

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