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Quantumctek Co (SHSE:688027) Days Inventory : 1,162.79 (As of Sep. 2024)


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What is Quantumctek Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quantumctek Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥196.1 Mil. Quantumctek Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥15.4 Mil. Hence, Quantumctek Co's Days Inventory for the three months ended in Sep. 2024 was 1,162.79.

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

SHSE:688027' s Days Inventory Range Over the Past 10 Years
Min: 293.52   Med: 556.01   Max: 807.42
Current: 682.18

During the past 8 years, Quantumctek Co's highest Days Inventory was 807.42. The lowest was 293.52. And the median was 556.01.

SHSE:688027's Days Inventory is ranked worse than
98.2% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs SHSE:688027: 682.18

Quantumctek Co's Days Inventory declined from Sep. 2023 (2,031.59) to Sep. 2024 (1,162.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Quantumctek Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.08.

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. Quantumctek Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 6.50.


Quantumctek Co Days Inventory Historical Data

The historical data trend for Quantumctek 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.

Quantumctek Co Days Inventory Chart

Quantumctek Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 475.93 807.42 589.49 544.56 567.46

Quantumctek 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 2,031.59 277.02 2,595.79 692.00 1,162.79

Competitive Comparison of Quantumctek Co's Days Inventory

For the Communication Equipment subindustry, Quantumctek 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.


Quantumctek Co's Days Inventory Distribution in the Hardware Industry

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

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



Quantumctek Co Days Inventory Calculation

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

Quantumctek 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
=( (119.05 + 136.016) / 2 ) / 82.031*365
=127.533 / 82.031*365
=567.46

Quantumctek 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
=( (180.091 + 212.186) / 2 ) / 15.392*365 / 4
=196.1385 / 15.392*365 / 4
=1,162.79

* 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.


Quantumctek Co  (SHSE:688027) 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.

Quantumctek 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.

Quantumctek 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.


Quantumctek Co Days Inventory Related Terms

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


Quantumctek Co Business Description

Traded in Other Exchanges
N/A
Address
800 West Wangjiang Road, Floor 1, 3, 4, 5, 6 and 7 of Building D3, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Quantumctek Co Ltd is engaged in production, sales and technical services of quantum communication products. The company's products include Quantum-secure Communication Network Core Equipment; Quantum-secure Application Products; Operating System Software; Core Components; and Teaching Systems & Scientific Instruments. Its solutions, products, and services are used in government, financial and energy industry, ensuring long term quantum safety to numerous users.
Executives
Ying Yong Directors, senior managers
Tong Lu senior management
Zhou Lei Senior management, core technical personnel
Tang Shi Biao Senior management, core technical personnel
Zhang Hao Min senior management
Zhao Yong Director, core technical staff
Zhang Jun Directors, senior managers

Quantumctek Co Headlines

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