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DBAPPSecurity Co (SHSE:688023) Days Inventory : 161.08 (As of Mar. 2024)


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What is DBAPPSecurity Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DBAPPSecurity Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥248 Mil. DBAPPSecurity Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥141 Mil. Hence, DBAPPSecurity Co's Days Inventory for the three months ended in Mar. 2024 was 161.08.

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

SHSE:688023' s Days Inventory Range Over the Past 10 Years
Min: 71.59   Med: 95.24   Max: 107.41
Current: 107.41

During the past 8 years, DBAPPSecurity Co's highest Days Inventory was 107.41. The lowest was 71.59. And the median was 95.24.

SHSE:688023's Days Inventory is ranked worse than
80.5% of 1559 companies
in the Software industry
Industry Median: 18.99 vs SHSE:688023: 107.41

DBAPPSecurity Co's Days Inventory increased from Mar. 2023 (139.12) to Mar. 2024 (161.08). It might indicate that DBAPPSecurity Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. DBAPPSecurity Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. DBAPPSecurity Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.88.


DBAPPSecurity Co Days Inventory Historical Data

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co Days Inventory Chart

DBAPPSecurity Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 104.15 102.62 85.79 103.21 97.65

DBAPPSecurity 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 139.12 121.66 103.28 74.44 161.08

Competitive Comparison of DBAPPSecurity Co's Days Inventory

For the Software - Infrastructure subindustry, DBAPPSecurity 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.


DBAPPSecurity Co's Days Inventory Distribution in the Software Industry

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

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



DBAPPSecurity Co Days Inventory Calculation

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

DBAPPSecurity 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
=( (207.776 + 236.034) / 2 ) / 829.413*365
=221.905 / 829.413*365
=97.65

DBAPPSecurity 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
=( (236.034 + 260.68) / 2 ) / 140.688*365 / 4
=248.357 / 140.688*365 / 4
=161.08

* 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.


DBAPPSecurity Co  (SHSE:688023) 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.

DBAPPSecurity 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.

DBAPPSecurity 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.


DBAPPSecurity Co Days Inventory Related Terms

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


DBAPPSecurity Co (SHSE:688023) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
Executives
Tan Xiu Zhu Core technical personnel
Liu Bo Core technical personnel
Jiang You Wei Director
Fan Yuan Director
Shen Ren Mei Director

DBAPPSecurity Co (SHSE:688023) Headlines

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