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Inspur Digital Enterprise Technology (FRA:L1CC) Days Inventory : 0.06 (As of Dec. 2023)


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What is Inspur Digital Enterprise Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inspur Digital Enterprise Technology's Average Total Inventories for the six months ended in Dec. 2023 was €0.1 Mil. Inspur Digital Enterprise Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was €366.2 Mil. Hence, Inspur Digital Enterprise Technology's Days Inventory for the six months ended in Dec. 2023 was 0.06.

The historical rank and industry rank for Inspur Digital Enterprise Technology's Days Inventory or its related term are showing as below:

FRA:L1CC' s Days Inventory Range Over the Past 10 Years
Min: 0.05   Med: 1.98   Max: 25.07
Current: 0.05

During the past 13 years, Inspur Digital Enterprise Technology's highest Days Inventory was 25.07. The lowest was 0.05. And the median was 1.98.

FRA:L1CC's Days Inventory is ranked better than
98.78% of 1560 companies
in the Software industry
Industry Median: 18.935 vs FRA:L1CC: 0.05

Inspur Digital Enterprise Technology's Days Inventory increased from Dec. 2022 (0.05) to Dec. 2023 (0.06). It might indicate that Inspur Digital Enterprise Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspur Digital Enterprise Technology's Inventory Turnover for the six months ended in Dec. 2023 was 3,090.10.

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. Inspur Digital Enterprise Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Inspur Digital Enterprise Technology Days Inventory Historical Data

The historical data trend for Inspur Digital Enterprise Technology'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.

Inspur Digital Enterprise Technology Days Inventory Chart

Inspur Digital Enterprise Technology 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 1.63 0.20 0.22 0.07 0.06

Inspur Digital Enterprise Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.22 0.22 0.05 0.03 0.06

Competitive Comparison of Inspur Digital Enterprise Technology's Days Inventory

For the Software - Application subindustry, Inspur Digital Enterprise Technology'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.


Inspur Digital Enterprise Technology's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Inspur Digital Enterprise Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inspur Digital Enterprise Technology's Days Inventory falls into.



Inspur Digital Enterprise Technology Days Inventory Calculation

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

Inspur Digital Enterprise Technology'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
=( (0.053 + 0.175) / 2 ) / 748.723*365
=0.114 / 748.723*365
=0.06

Inspur Digital Enterprise Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.062 + 0.175) / 2 ) / 366.177*365 / 2
=0.1185 / 366.177*365 / 2
=0.06

* 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.


Inspur Digital Enterprise Technology  (FRA:L1CC) 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.

Inspur Digital Enterprise Technology's Inventory Turnover for the six months ended in Dec. 2023 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.

Inspur Digital Enterprise Technology's Inventory to Revenue for the six months ended in Dec. 2023 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.


Inspur Digital Enterprise Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of Inspur Digital Enterprise Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Inspur Digital Enterprise Technology (FRA:L1CC) Business Description

Traded in Other Exchanges
Address
1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG
Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.

Inspur Digital Enterprise Technology (FRA:L1CC) Headlines

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