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China Spacesat Co (SHSE:600118) Days Inventory : 715.82 (As of Mar. 2024)


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What is China Spacesat Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Spacesat Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,033 Mil. China Spacesat Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥259 Mil. Hence, China Spacesat Co's Days Inventory for the three months ended in Mar. 2024 was 715.82.

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

SHSE:600118' s Days Inventory Range Over the Past 10 Years
Min: 48.06   Med: 89.96   Max: 154.14
Current: 154.14

During the past 13 years, China Spacesat Co's highest Days Inventory was 154.14. The lowest was 48.06. And the median was 89.96.

SHSE:600118's Days Inventory is ranked worse than
52.6% of 289 companies
in the Aerospace & Defense industry
Industry Median: 148.6 vs SHSE:600118: 154.14

China Spacesat Co's Days Inventory increased from Mar. 2023 (167.56) to Mar. 2024 (715.82). It might indicate that China Spacesat 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. China Spacesat Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.13.

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. China Spacesat Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.15.


China Spacesat Co Days Inventory Historical Data

The historical data trend for China Spacesat 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.

China Spacesat Co Days Inventory Chart

China Spacesat 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 112.98 127.88 142.28 117.68 116.98

China Spacesat Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 167.56 243.49 190.37 63.77 715.82

Competitive Comparison of China Spacesat Co's Days Inventory

For the Aerospace & Defense subindustry, China Spacesat 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.


China Spacesat Co's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Spacesat Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Spacesat Co's Days Inventory falls into.



China Spacesat Co Days Inventory Calculation

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

China Spacesat 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
=( (2005.445 + 1880.993) / 2 ) / 6063.038*365
=1943.219 / 6063.038*365
=116.98

China Spacesat 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
=( (1880.993 + 2184.489) / 2 ) / 259.127*365 / 4
=2032.741 / 259.127*365 / 4
=715.82

* 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.


China Spacesat Co  (SHSE:600118) 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.

China Spacesat Co's Inventory Turnover for the three months ended in Mar. 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.

China Spacesat Co's Inventory to Revenue for the three months ended in Mar. 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.


China Spacesat Co Days Inventory Related Terms

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


China Spacesat Co (SHSE:600118) Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Zhongguancun South Street, Shenzhou Tower, 12F, Haidian District, Beijing, Beijing, CHN, 100081
China Spacesat Co Ltd is a China-based company engages in the development of small satellites, satellite ground systems, and related equipment. Its products offer aerospace system integration, large-scale ground station systems integration, satellite communications applications, satellite navigation applications and information transmission. The company operates its business in North China, northwest of China and South China.
Executives
Yan Zhong Wen Director
Wang Li senior management
Wan Yin Juan senior management

China Spacesat Co (SHSE:600118) Headlines

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