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Raisecom Technology Co (SHSE:603803) Days Inventory : 276.55 (As of Mar. 2024)


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What is Raisecom Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raisecom Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥719 Mil. Raisecom Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥237 Mil. Hence, Raisecom Technology Co's Days Inventory for the three months ended in Mar. 2024 was 276.55.

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

SHSE:603803' s Days Inventory Range Over the Past 10 Years
Min: 177.76   Med: 252.33   Max: 341.59
Current: 281.79

During the past 12 years, Raisecom Technology Co's highest Days Inventory was 341.59. The lowest was 177.76. And the median was 252.33.

SHSE:603803's Days Inventory is ranked worse than
89.91% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs SHSE:603803: 281.79

Raisecom Technology Co's Days Inventory declined from Mar. 2023 (414.40) to Mar. 2024 (276.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Raisecom Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.33.

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. Raisecom Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.87.


Raisecom Technology Co Days Inventory Historical Data

The historical data trend for Raisecom Technology 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.

Raisecom Technology Co Days Inventory Chart

Raisecom Technology 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 192.40 341.59 289.83 252.82 305.47

Raisecom Technology 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 414.40 290.62 336.00 242.36 276.55

Competitive Comparison of Raisecom Technology Co's Days Inventory

For the Communication Equipment subindustry, Raisecom Technology 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.


Raisecom Technology Co's Days Inventory Distribution in the Hardware Industry

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

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



Raisecom Technology Co Days Inventory Calculation

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

Raisecom Technology 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
=( (866.333 + 748.684) / 2 ) / 964.88*365
=807.5085 / 964.88*365
=305.47

Raisecom Technology 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
=( (748.684 + 688.851) / 2 ) / 237.164*365 / 4
=718.7675 / 237.164*365 / 4
=276.55

* 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.


Raisecom Technology Co  (SHSE:603803) 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.

Raisecom Technology 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.

Raisecom Technology 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.


Raisecom Technology Co Days Inventory Related Terms

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


Raisecom Technology Co (SHSE:603803) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, West Wangdong Road, 1st to 5th floor, Building 11, East Building, Haidian District, Beijing, CHN, 100094
Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.
Executives
Wang Jian Ming Director
Zheng Xiang Director

Raisecom Technology Co (SHSE:603803) Headlines

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