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Hangzhou Freely Communication Co (SHSE:603602) Days Inventory : 74.47 (As of Mar. 2025)


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What is Hangzhou Freely Communication Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Freely Communication Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥228 Mil. Hangzhou Freely Communication Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥279 Mil. Hence, Hangzhou Freely Communication Co's Days Inventory for the three months ended in Mar. 2025 was 74.47.

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

SHSE:603602' s Days Inventory Range Over the Past 10 Years
Min: 58.64   Med: 174.53   Max: 286.36
Current: 60.12

During the past 13 years, Hangzhou Freely Communication Co's highest Days Inventory was 286.36. The lowest was 58.64. And the median was 174.53.

SHSE:603602's Days Inventory is ranked worse than
84.12% of 296 companies
in the Telecommunication Services industry
Industry Median: 18.89 vs SHSE:603602: 60.12

Hangzhou Freely Communication Co's Days Inventory increased from Mar. 2024 (61.42) to Mar. 2025 (74.47). It might indicate that Hangzhou Freely Communication Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Freely Communication Co's Inventory Turnover for the three months ended in Mar. 2025 was 1.23.

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. Hangzhou Freely Communication Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.66.


Hangzhou Freely Communication Co Days Inventory Historical Data

The historical data trend for Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co Days Inventory Chart

Hangzhou Freely Communication Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.61 169.44 128.42 83.83 58.64

Hangzhou Freely Communication Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 61.42 44.97 51.90 74.40 74.47

Competitive Comparison of Hangzhou Freely Communication Co's Days Inventory

For the Telecom Services subindustry, Hangzhou Freely Communication 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.


Hangzhou Freely Communication Co's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Freely Communication Co's Days Inventory falls into.


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Hangzhou Freely Communication Co Days Inventory Calculation

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

Hangzhou Freely Communication 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
=( (244.841 + 201.403) / 2 ) / 1388.812*365
=223.122 / 1388.812*365
=58.64

Hangzhou Freely Communication Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (201.403 + 254.511) / 2 ) / 279.317*365 / 4
=227.957 / 279.317*365 / 4
=74.47

* 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.


Hangzhou Freely Communication Co  (SHSE:603602) 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.

Hangzhou Freely Communication Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Hangzhou Freely Communication Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Hangzhou Freely Communication Co Days Inventory Related Terms

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


Hangzhou Freely Communication Co Business Description

Traded in Other Exchanges
N/A
Address
No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.
Executives
Zhu Jin Long Director
Ye Jian Ping senior management
Wu Hai Tao Director
Wei Shi Chao Director
Lin Ai Hua Director
Su Wei Feng Director
Pu Shu Director
Jia Li Ming Director
Wu Jian Min Supervisors

Hangzhou Freely Communication Co Headlines

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