GURUFOCUS.COM » STOCK LIST » Technology » Software » Inspur software Co Ltd (SHSE:600756) » Definitions » Days Inventory

Inspur software Co (SHSE:600756) Days Inventory : 252.83 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Inspur software Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inspur software Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥392 Mil. Inspur software Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥142 Mil. Hence, Inspur software Co's Days Inventory for the three months ended in Mar. 2024 was 252.83.

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

SHSE:600756' s Days Inventory Range Over the Past 10 Years
Min: 97.87   Med: 119.59   Max: 173.5
Current: 146.52

During the past 13 years, Inspur software Co's highest Days Inventory was 173.50. The lowest was 97.87. And the median was 119.59.

SHSE:600756's Days Inventory is ranked worse than
86.35% of 1560 companies
in the Software industry
Industry Median: 18.89 vs SHSE:600756: 146.52

Inspur software Co's Days Inventory increased from Mar. 2023 (232.05) to Mar. 2024 (252.83). It might indicate that Inspur software Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspur software Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.36.

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. Inspur software Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.48.


Inspur software Co Days Inventory Historical Data

The historical data trend for Inspur software 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.

Inspur software Co Days Inventory Chart

Inspur software 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 108.24 173.50 134.27 156.52 118.80

Inspur software 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 232.05 214.98 278.94 63.26 252.83

Competitive Comparison of Inspur software Co's Days Inventory

For the Software - Application subindustry, Inspur software 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.


Inspur software Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Inspur software Co's Days Inventory falls into.



Inspur software Co Days Inventory Calculation

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

Inspur software 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
=( (714.614 + 375.017) / 2 ) / 1673.848*365
=544.8155 / 1673.848*365
=118.80

Inspur software 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
=( (375.017 + 409.519) / 2 ) / 141.576*365 / 4
=392.268 / 141.576*365 / 4
=252.83

* 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.


Inspur software Co  (SHSE:600756) 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.

Inspur software 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.

Inspur software 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.


Inspur software Co Days Inventory Related Terms

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


Inspur software Co (SHSE:600756) Business Description

Traded in Other Exchanges
N/A
Address
1036 Langchao Road, Shandong Province, Jinan, CHN
Inspur software Co Ltd is a China-based cloud computing, big data service provider. It offers computing platforms, IT application solutions, server solutions, high-performance computing solutions, tax cloud terminals, financial terminals, and is also a manufacturer of servers, sales data controller, and FCR products. The company sells its products in China and other international countries.
Executives
Wang Chun Sheng Supervisors

Inspur software Co (SHSE:600756) Headlines

No Headlines