Hangzhou SDIC Microelectronics (SHSE:688130) Days Inventory : 411.78 (As of Mar. 2024)

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What is Hangzhou SDIC Microelectronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou SDIC Microelectronics's Average Total Inventories for the three months ended in Mar. 2024 was ¥45.7 Mil. Hangzhou SDIC Microelectronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥10.1 Mil. Hence, Hangzhou SDIC Microelectronics's Days Inventory for the three months ended in Mar. 2024 was 411.78.

The historical rank and industry rank for Hangzhou SDIC Microelectronics's Days Inventory or its related term are showing as below:

SHSE:688130' s Days Inventory Range Over the Past 10 Years
Min: 123.59 Med: 250.89 Max: 764.51
Current: 500.11

During the past 6 years, Hangzhou SDIC Microelectronics's highest Days Inventory was 764.51. The lowest was 123.59. And the median was 250.89.

SHSE:688130's Days Inventory is ranked worse than
94.37% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs SHSE:688130: 500.11

Hangzhou SDIC Microelectronics's Days Inventory declined from Mar. 2023 (893.08) to Mar. 2024 (411.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou SDIC Microelectronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Hangzhou SDIC Microelectronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.71.

Hangzhou SDIC Microelectronics Days Inventory Historical Data

The historical data trend for Hangzhou SDIC Microelectronics'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.

Hangzhou SDIC Microelectronics Days Inventory Chart

Hangzhou SDIC Microelectronics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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213.58

123.59

235.55

764.51

557.39

Hangzhou SDIC Microelectronics Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											893.08	555.95	624.07	385.83	411.78

Competitive Comparison of Hangzhou SDIC Microelectronics's Days Inventory

For the Semiconductors subindustry, Hangzhou SDIC Microelectronics'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.

Hangzhou SDIC Microelectronics's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hangzhou SDIC Microelectronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou SDIC Microelectronics's Days Inventory falls into.

Hangzhou SDIC Microelectronics Days Inventory Calculation

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

Hangzhou SDIC Microelectronics'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
=	( (94.485	+	46.851)	/	2 )	/	46.276	*	365
=	70.668					/	46.276	*	365
=	557.39

Hangzhou SDIC Microelectronics'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
=	( (46.851	+	44.476)	/	2 )	/	10.119	*	365 / 4
=	45.6635					/	10.119	*	365 / 4
=	411.78

Hangzhou SDIC Microelectronics (SHSE:688130) 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.

Hangzhou SDIC Microelectronics's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.119	/	45.6635
	=	0.22

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.

Hangzhou SDIC Microelectronics's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.6635	/	26.705
	=	1.71

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.

Hangzhou SDIC Microelectronics Days Inventory Related Terms

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

Hangzhou SDIC Microelectronics (SHSE:688130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou SDIC Microelectronics Inc (SHSE:688130) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 351, Changhe Road, Changhe Street, Room 501, Block A, 5th Floor, Building 4, Binjiang District, Zhejiang Provinc, Hangzhou, CHN, 310052

Website

https://www.sdicmicro.cn

Hangzhou SDIC Microelectronics Inc is engaged in the research and development and sales of high-performance analog and digital-analog hybrid integrated circuits.

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