Chengdu Uestc Optical Communications (BJSE:920008) Days Inventory : 250.69 (As of Sep. 2024)

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What is Chengdu Uestc Optical Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chengdu Uestc Optical Communications's Average Total Inventories for the three months ended in Sep. 2024 was ¥105.3 Mil. Chengdu Uestc Optical Communications's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥38.3 Mil. Hence, Chengdu Uestc Optical Communications's Days Inventory for the three months ended in Sep. 2024 was 250.69.

The historical rank and industry rank for Chengdu Uestc Optical Communications's Days Inventory or its related term are showing as below:

BJSE:920008' s Days Inventory Range Over the Past 10 Years
Min: 46.87 Med: 196.35 Max: 531
Current: 244.54

During the past 12 years, Chengdu Uestc Optical Communications's highest Days Inventory was 531.00. The lowest was 46.87. And the median was 196.35.

BJSE:920008's Days Inventory is ranked worse than
86.87% of 2391 companies
in the Hardware industry
Industry Median: 97.01 vs BJSE:920008: 244.54

Chengdu Uestc Optical Communications's Days Inventory declined from Sep. 2023 (477.62) to Sep. 2024 (250.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chengdu Uestc Optical Communications's Inventory Turnover for the three months ended in Sep. 2024 was 0.36.

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. Chengdu Uestc Optical Communications's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.83.

Chengdu Uestc Optical Communications Days Inventory Historical Data

The historical data trend for Chengdu Uestc Optical Communications'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.

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Chengdu Uestc Optical Communications Days Inventory Chart

Chengdu Uestc Optical Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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343.07

531.00

285.90

292.45

336.57

Chengdu Uestc Optical Communications Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															477.62	206.83	262.77	274.66	250.69

Competitive Comparison of Chengdu Uestc Optical Communications's Days Inventory

For the Electronic Components subindustry, Chengdu Uestc Optical Communications'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.

Chengdu Uestc Optical Communications's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chengdu Uestc Optical Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chengdu Uestc Optical Communications's Days Inventory falls into.

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Chengdu Uestc Optical Communications Days Inventory Calculation

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

Chengdu Uestc Optical Communications'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
=	( (85.248	+	112.437)	/	2 )	/	107.191	*	365
=	98.8425					/	107.191	*	365
=	336.57

Chengdu Uestc Optical Communications'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
=	( (112.007	+	98.64)	/	2 )	/	38.338	*	365 / 4
=	105.3235					/	38.338	*	365 / 4
=	250.69

Chengdu Uestc Optical Communications (BJSE:920008) 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.

Chengdu Uestc Optical Communications's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.338	/	105.3235
	=	0.36

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.

Chengdu Uestc Optical Communications's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	105.3235	/	57.547
	=	1.83

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.

Chengdu Uestc Optical Communications Days Inventory Related Terms

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

Chengdu Uestc Optical Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu Uestc Optical Communications Corp (BJSE:920008) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 88, Tianchen Road, High-tech Zone, Sichuan Province, Chengdu, CHN, 611731

Website

Chengdu Uestc Optical Communications Corp is engaged in the research and development, production and sales of network bus products and special display products.

Chengdu Uestc Optical Communications Headlines

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