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Kingdee International Software Group Co (FRA:KDIC) Days Inventory : 7.81 (As of Jun. 2024)


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What is Kingdee International Software Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingdee International Software Group Co's Average Total Inventories for the six months ended in Jun. 2024 was €5.8 Mil. Kingdee International Software Group Co's Cost of Goods Sold for the six months ended in Jun. 2024 was €135.1 Mil. Hence, Kingdee International Software Group Co's Days Inventory for the six months ended in Jun. 2024 was 7.81.

The historical rank and industry rank for Kingdee International Software Group Co's Days Inventory or its related term are showing as below:

FRA:KDIC' s Days Inventory Range Over the Past 10 Years
Min: 3.16   Med: 5.66   Max: 8.54
Current: 7.94

During the past 13 years, Kingdee International Software Group Co's highest Days Inventory was 8.54. The lowest was 3.16. And the median was 5.66.

FRA:KDIC's Days Inventory is ranked better than
65.59% of 1555 companies
in the Software industry
Industry Median: 18.72 vs FRA:KDIC: 7.94

Kingdee International Software Group Co's Days Inventory declined from Jun. 2023 (8.83) to Jun. 2024 (7.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingdee International Software Group Co's Inventory Turnover for the six months ended in Jun. 2024 was 23.36.

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. Kingdee International Software Group Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.02.


Kingdee International Software Group Co Days Inventory Historical Data

The historical data trend for Kingdee International Software Group 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.

Kingdee International Software Group Co Days Inventory Chart

Kingdee International Software Group 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 3.12 4.20 5.63 7.43 8.33

Kingdee International Software Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.09 7.64 8.83 8.04 7.81

Competitive Comparison of Kingdee International Software Group Co's Days Inventory

For the Software - Application subindustry, Kingdee International Software Group 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.


Kingdee International Software Group Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Kingdee International Software Group Co's Days Inventory falls into.



Kingdee International Software Group Co Days Inventory Calculation

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

Kingdee International Software Group 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
=( (6.076 + 5.858) / 2 ) / 261.362*365
=5.967 / 261.362*365
=8.33

Kingdee International Software Group Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (5.858 + 5.707) / 2 ) / 135.077*365 / 2
=5.7825 / 135.077*365 / 2
=7.81

* 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.


Kingdee International Software Group Co  (FRA:KDIC) 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.

Kingdee International Software Group Co's Inventory Turnover for the six months ended in Jun. 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.

Kingdee International Software Group Co's Inventory to Revenue for the six months ended in Jun. 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.


Kingdee International Software Group Co Days Inventory Related Terms

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


Kingdee International Software Group Co Business Description

Traded in Other Exchanges
Address
Kingdee Software Park, No. 2 Kejinan 12 Road, South District, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN
Kingdee International Software Group Co Ltd is engaged in cloud services, including enterprise cloud services, small & micro business finance cloud services, and industry cloud services; and enterprise resource planning business, including development and sales of software products. it has three operating segments; Cloud services business Including enterprise cloud services, small & micro business finance cloud services, and industry cloud services, ERP business and others including sales of software and hardware products, provision of software implementation, software solution consulting, maintenance, upgrade and other supporting services, and others, and Investment Properties operating business include the Operation of investment properties.

Kingdee International Software Group Co Headlines

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