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National Silicon Industry Group Co (SHSE:688126) Days Inventory : 130.52 (As of Sep. 2024)


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What is National Silicon Industry Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). National Silicon Industry Group Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,368 Mil. National Silicon Industry Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥957 Mil. Hence, National Silicon Industry Group Co's Days Inventory for the three months ended in Sep. 2024 was 130.52.

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

SHSE:688126' s Days Inventory Range Over the Past 10 Years
Min: 64.25   Med: 103.51   Max: 160.93
Current: 148.5

During the past 8 years, National Silicon Industry Group Co's highest Days Inventory was 160.93. The lowest was 64.25. And the median was 103.51.

SHSE:688126's Days Inventory is ranked worse than
60.57% of 951 companies
in the Semiconductors industry
Industry Median: 123.42 vs SHSE:688126: 148.50

National Silicon Industry Group Co's Days Inventory declined from Sep. 2023 (171.73) to Sep. 2024 (130.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. National Silicon Industry Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.70.

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. National Silicon Industry Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.51.


National Silicon Industry Group Co Days Inventory Historical Data

The historical data trend for National Silicon Industry Group 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.

National Silicon Industry Group Co Days Inventory Chart

National Silicon Industry Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 88.79 115.41 108.55 98.46 155.59

National Silicon Industry Group 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 171.73 178.56 165.83 129.69 130.52

Competitive Comparison of National Silicon Industry Group Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, National Silicon Industry Group 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.


National Silicon Industry Group Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, National Silicon Industry Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Silicon Industry Group Co's Days Inventory falls into.



National Silicon Industry Group Co Days Inventory Calculation

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

National Silicon Industry Group 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
=( (823.112 + 1449.018) / 2 ) / 2665.176*365
=1136.065 / 2665.176*365
=155.59

National Silicon Industry Group 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
=( (1341.156 + 1395.458) / 2 ) / 956.604*365 / 4
=1368.307 / 956.604*365 / 4
=130.52

* 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.


National Silicon Industry Group Co  (SHSE:688126) 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.

National Silicon Industry Group 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.

National Silicon Industry Group 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.


National Silicon Industry Group Co Days Inventory Related Terms

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


National Silicon Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Yunshui Road, Lingang New Area, China (Shanghai) Pilot Free Trade Zone, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201306
National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 13 million wafers at the end of 2023. NSIG holds a 5% stake in France-based Soitec, which is a supplier and a customer. NSIG is headquartered in Shanghai, China and employs nearly 2,400 people.
Executives
Huang Yan senior management
Li Wei Senior management, core technical personnel
Qiu Ci Yun Directors, senior managers
Senior management, core technical personnel

National Silicon Industry Group Co Headlines

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