Shanghai Fudan Microelectronics Group Co (Shanghai Fudan Microelectronics Group Co) Days Inventory : 756.69 (As of Mar. 2024)

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What is Shanghai Fudan Microelectronics Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Fudan Microelectronics Group Co's Average Total Inventories for the three months ended in Mar. 2024 was $445.7 Mil. Shanghai Fudan Microelectronics Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $53.7 Mil. Hence, Shanghai Fudan Microelectronics Group Co's Days Inventory for the three months ended in Mar. 2024 was 756.69.

The historical rank and industry rank for Shanghai Fudan Microelectronics Group Co's Days Inventory or its related term are showing as below:

SFDMY' s Days Inventory Range Over the Past 10 Years
Min: 161.49 Med: 233.5 Max: 724.39
Current: 724.39

During the past 13 years, Shanghai Fudan Microelectronics Group Co's highest Days Inventory was 724.39. The lowest was 161.49. And the median was 233.50.

SFDMY's Days Inventory is ranked worse than
97.24% of 942 companies
in the Semiconductors industry
Industry Median: 130.36 vs SFDMY: 724.39

Shanghai Fudan Microelectronics Group Co's Days Inventory increased from Mar. 2023 (636.11) to Mar. 2024 (756.69). It might indicate that Shanghai Fudan Microelectronics Group Co's sales slowed down.

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. Shanghai Fudan Microelectronics Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.12.

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. Shanghai Fudan Microelectronics Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.59.

Shanghai Fudan Microelectronics Group Co Days Inventory Historical Data

The historical data trend for Shanghai Fudan Microelectronics 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.

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Shanghai Fudan Microelectronics Group Co Days Inventory Chart

Shanghai Fudan Microelectronics Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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234.56

231.45

260.38

362.87

624.87

Shanghai Fudan Microelectronics Group Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															636.11	739.93	728.58	710.70	756.69

Competitive Comparison of Shanghai Fudan Microelectronics Group Co's Days Inventory

For the Semiconductors subindustry, Shanghai Fudan Microelectronics 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.

Shanghai Fudan Microelectronics Group Co's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Shanghai Fudan Microelectronics Group Co's Days Inventory falls into.

Shanghai Fudan Microelectronics Group Co Days Inventory Calculation

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

Shanghai Fudan Microelectronics 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
=	( (212.755	+	444.997)	/	2 )	/	192.104	*	365
=	328.876					/	192.104	*	365
=	624.87

Shanghai Fudan Microelectronics Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (444.997	+	446.308)	/	2 )	/	53.742	*	365 / 4
=	445.6525					/	53.742	*	365 / 4
=	756.69

Shanghai Fudan Microelectronics Group Co (OTCPK:SFDMY) 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.

Shanghai Fudan Microelectronics Group Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	53.742	/	445.6525
	=	0.12

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.

Shanghai Fudan Microelectronics Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	445.6525	/	123.966
	=	3.59

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.

Shanghai Fudan Microelectronics Group Co Days Inventory Related Terms

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

Shanghai Fudan Microelectronics Group Co (Shanghai Fudan Microelectronics Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Fudan Microelectronics Group Co Ltd (OTCPK:SFDMY) » Definitions » Days Inventory

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Traded in Other Exchanges

01385:Hong Kong FUD:Germany 688385:China

Address

98 Granville Road, Flat 6, 5th Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG

Website

http://www.fmsh.com

Shanghai Fudan Microelectronics Group Company Limited is principally engaged in the integrated circuit (IC) related businesses. The Company operates through two business segments: the design, development and sales of IC products segment and the provision of testing services for IC products segment. The Company is also engaged in the production of probe cards, the development and sales of hardware and software of computers, electronic products and communication equipment and the provision of investment management and consultancy services, research and consultancy services of IC technology and research and consultancy services of computer and network technology through its subsidiaries.

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