MLGO (MicroAlgo) Days Inventory : 0.00 (As of Jun. 2024)

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What is MicroAlgo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MicroAlgo's Average Total Inventories for the three months ended in Jun. 2024 was $0.00 Mil. MicroAlgo's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil.

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

MLGO' s Days Inventory Range Over the Past 10 Years
Min: 0.83 Med: 2.23 Max: 3.62
Current: 1.81

During the past 4 years, MicroAlgo's highest Days Inventory was 3.62. The lowest was 0.83. And the median was 2.23.

MLGO's Days Inventory is ranked better than
83.35% of 1574 companies
in the Software industry
Industry Median: 19.93 vs MLGO: 1.81

MicroAlgo's Days Inventory stayed the same from Dec. 2022 (0.00) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

MicroAlgo Days Inventory Historical Data

The historical data trend for MicroAlgo'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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MicroAlgo Days Inventory Chart

MicroAlgo Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

1.89

3.62

2.56

0.83

MicroAlgo Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial				-	0.93	-	-	-

Competitive Comparison of MicroAlgo's Days Inventory

For the Software - Infrastructure subindustry, MicroAlgo'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.

MicroAlgo's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where MicroAlgo's Days Inventory falls into.

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MicroAlgo Days Inventory Calculation

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

MicroAlgo'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
=	( (0.131	+	0)	/	1 )	/	57.327	*	365
=	0.131					/	57.327	*	365
=	0.83

MicroAlgo'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
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

MicroAlgo (NAS:MLGO) 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.

MicroAlgo's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

MicroAlgo's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

MicroAlgo Days Inventory Related Terms

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

MicroAlgo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAlgo Inc (NAS:MLGO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052

Website

http://www.microalgor.com

MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips and services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.

Executives

Wimi Hologram Cloud Inc.	10 percent owner	NO. 6 XIAOZHUANG, BEIJING F4 100005
Li He	officer: CFO	C2706, HEZHENGYI GARDEN, SUNGANG STREET, LUOHU DISTRICT SHENZHEN F4 518000
Shiwen Liu	officer: COO	2007, DESIGN BUILDING, NO. 8 ZHENHUA ROAD, FUTIAN DISTRICT SHENZHEN F4 518028
Haixia Zhao	director	ROOM F, 3RD FLOOR, YINGXIE BUILDING, 1002 FUQIANG ROAD, FUTIAN DISTRICT, SHENZHEN F4 518033
Chengwei Yi	officer: CTO	ROOM 502, UNIT B, BUILDING 3, YIRAN TIANDI RESIDENCE, NANSHAN DISTRICT, SHENZHEN F4 518000
Wengang Kang	director	ROOM 1214, BUILDING 17, XINYUAN INTERNATIONAL CITY GARDEN, HUAQIAO TOWN, KUNSHAN F4 215332
Xinmin Su	director, officer: CEO	1802 YUXUAN PAVILION, 4001 TAIBAI ROAD, LUOHU DISTRICT, SHENZHEN F4 518019
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming	director, officer: Chairman + CEO	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan	director	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen	director	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi	director, officer: Chief Financial Officer	SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen	director	477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022