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Olympic Circuit Technology Co (SHSE:603920) Days Inventory : 51.21 (As of Sep. 2024)


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What is Olympic Circuit Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Olympic Circuit Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥538 Mil. Olympic Circuit Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥959 Mil. Hence, Olympic Circuit Technology Co's Days Inventory for the three months ended in Sep. 2024 was 51.21.

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

SHSE:603920' s Days Inventory Range Over the Past 10 Years
Min: 32.68   Med: 43.63   Max: 51.49
Current: 47.29

During the past 12 years, Olympic Circuit Technology Co's highest Days Inventory was 51.49. The lowest was 32.68. And the median was 43.63.

SHSE:603920's Days Inventory is ranked better than
82.71% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs SHSE:603920: 47.29

Olympic Circuit Technology Co's Days Inventory increased from Sep. 2023 (40.89) to Sep. 2024 (51.21). It might indicate that Olympic Circuit Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Olympic Circuit Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.78.

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. Olympic Circuit Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.42.


Olympic Circuit Technology Co Days Inventory Historical Data

The historical data trend for Olympic Circuit 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.

Olympic Circuit Technology Co Days Inventory Chart

Olympic Circuit 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 45.46 42.97 44.29 51.49 45.34

Olympic Circuit Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.89 44.08 46.46 45.82 51.21

Competitive Comparison of Olympic Circuit Technology Co's Days Inventory

For the Electronic Components subindustry, Olympic Circuit 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.


Olympic Circuit Technology Co's Days Inventory Distribution in the Hardware Industry

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

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



Olympic Circuit Technology Co Days Inventory Calculation

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

Olympic Circuit 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
=( (461.416 + 421.88) / 2 ) / 3555.404*365
=441.648 / 3555.404*365
=45.34

Olympic Circuit Technology Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (521.501 + 555.298) / 2 ) / 959.282*365 / 4
=538.3995 / 959.282*365 / 4
=51.21

* 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.


Olympic Circuit Technology Co  (SHSE:603920) 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.

Olympic Circuit Technology Co's Inventory Turnover for the three months ended in Sep. 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.

Olympic Circuit Technology Co's Inventory to Revenue for the three months ended in Sep. 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.


Olympic Circuit Technology Co Days Inventory Related Terms

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


Olympic Circuit Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Shiyun Road, Tie Gang Industrial Area, Gonghe Town, Guangdong Province, Heshan, CHN, 529728
Olympic Circuit Technology Co Ltd is a Chinese company engaged in manufacturing printed circuit boards (PCBs). The company's products include single sided to complex, multi-layer PCBs. It serves various industries including automotive, medical, computer and peripherals, industrial, data and telecommunications and consumer products.
Executives
Yin Jia Liang senior management
Yang Zhi Wei Director
Gan Lu senior management
Li Zong Heng senior management

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