Founder Technology Group Co (SHSE:600601) Days Inventory : 64.43 (As of Dec. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Founder Technology Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Founder Technology Group Co's Average Total Inventories for the three months ended in Dec. 2024 was ¥560 Mil. Founder Technology Group Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥793 Mil. Hence, Founder Technology Group Co's Days Inventory for the three months ended in Dec. 2024 was 64.43.

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

SHSE:600601' s Days Inventory Range Over the Past 10 Years
Min: 61.26 Med: 91.38 Max: 123.91
Current: 64.64

During the past 13 years, Founder Technology Group Co's highest Days Inventory was 123.91. The lowest was 61.26. And the median was 91.38.

SHSE:600601's Days Inventory is ranked better than
70.06% of 2388 companies
in the Hardware industry
Industry Median: 96.475 vs SHSE:600601: 64.64

Founder Technology Group Co's Days Inventory increased from Dec. 2023 (54.68) to Dec. 2024 (64.43). It might indicate that Founder Technology Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Founder Technology Group Co's Inventory Turnover for the three months ended in Dec. 2024 was 1.42.

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. Founder Technology Group Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.54.

Founder Technology Group Co Days Inventory Historical Data

The historical data trend for Founder Technology 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.

* Premium members only.

Founder Technology Group Co Days Inventory Chart

Founder Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

101.76

106.71

81.00

66.35

69.55

Founder Technology Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															54.68	62.03	62.27	64.55	64.43

Competitive Comparison of Founder Technology Group Co's Days Inventory

For the Electronic Components subindustry, Founder Technology 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.

Founder Technology Group Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Founder Technology Group Co's Days Inventory distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Founder Technology Group Co Days Inventory Calculation

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

Founder Technology Group Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (429.39	+	605.923)	/	2 )	/	2716.638	*	365
=	517.6565					/	2716.638	*	365
=	69.55

Founder Technology Group Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (513.582	+	605.923)	/	2 )	/	792.706	*	365 / 4
=	559.7525					/	792.706	*	365 / 4
=	64.43

Founder Technology Group Co (SHSE:600601) 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.

Founder Technology Group Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	792.706	/	559.7525
	=	1.42

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.

Founder Technology Group Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	559.7525	/	1032.185
	=	0.54

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.

Founder Technology Group Co Days Inventory Related Terms

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

Founder Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Founder Technology Group Co Ltd (SHSE:600601) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 360 Pudong South Road, New Shanghai International Tower, 36F, Pudong, Shanghai, CHN, 200120

Website

http://www.foundertech.com

Founder Technology Group Co Ltd provides hardware and software solutions in China. It develops, manufactures, and sells PCB products for communications equipment, communications terminals, IT products, industrial medical, automotive electronics, consumer electronics, and other fields. The products include high-density interconnection boards, multi-layer boards (2-56 layers), soft-hard boards, and other customized PCBs. These are used in mobile intelligent terminals, 5G wireless communication base stations, data centers, optical modules, industrial control, medical, smart car products, and wearable consumer electronics.

Founder Technology Group Co Headlines

No Headlines