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Contel Technology Co (HKSE:01912) Days Inventory : 77.04 (As of Jun. 2024)


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What is Contel Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Contel Technology Co's Average Total Inventories for the six months ended in Jun. 2024 was HK$93.6 Mil. Contel Technology Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$221.8 Mil. Hence, Contel Technology Co's Days Inventory for the six months ended in Jun. 2024 was 77.04.

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

HKSE:01912' s Days Inventory Range Over the Past 10 Years
Min: 22.7   Med: 40.9   Max: 97.92
Current: 73.02

During the past 10 years, Contel Technology Co's highest Days Inventory was 97.92. The lowest was 22.70. And the median was 40.90.

HKSE:01912's Days Inventory is ranked better than
73.33% of 960 companies
in the Semiconductors industry
Industry Median: 119.885 vs HKSE:01912: 73.02

Contel Technology Co's Days Inventory declined from Jun. 2023 (106.04) to Jun. 2024 (77.04).

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. Contel Technology Co's Inventory Turnover for the six months ended in Jun. 2024 was 2.37.

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. Contel Technology Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.39.


Contel Technology Co Days Inventory Historical Data

The historical data trend for Contel 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.

Contel Technology Co Days Inventory Chart

Contel Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.26 22.70 55.48 97.92 79.33

Contel Technology Co Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 70.43 106.04 80.71 77.04 63.56

Competitive Comparison of Contel Technology Co's Days Inventory

For the Semiconductors subindustry, Contel 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.


Contel Technology Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Contel Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Contel Technology Co's Days Inventory falls into.



Contel Technology Co Days Inventory Calculation

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

Contel 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
=( (156.191 + 109.392) / 2 ) / 495.001*365
=132.7915 / 495.001*365
=97.92

Contel Technology 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
=( (109.392 + 77.85) / 2 ) / 221.789*365 / 2
=93.621 / 221.789*365 / 2
=77.04

* 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.


Contel Technology Co  (HKSE:01912) 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.

Contel Technology 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.

Contel Technology 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.


Contel Technology Co Days Inventory Related Terms

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


Contel Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.188-202 Texaco Road, Unit No. A, 13th Floor, Block 1, Leader Industrial Centre, Tsuen Wan, New Territories, Hong Kong, HKG
Contel Technology Co Ltd is mainly engaged in sourcing and sale of integrated circuit (IC) products. It specializes in providing IC application solutions and IC-related services in five main categories: mobile devices and smart charging products; motor control; sensors and automation; light-emitting diode; radio frequency (RF) power.
Executives
Feng Tao 2201 Interest of corporation controlled by you
Qing Haodong 2202 Interest of your spouse
P.grand (bvi) Ltd. 2101 Beneficial owner
Kingtech (bvi) Ltd. 2101 Beneficial owner
Lam Keung 2201 Interest of corporation controlled by you

Contel Technology Co Headlines

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