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Shenzhen Qingyi Photomask (SHSE:688138) Days Inventory : 89.79 (As of Mar. 2024)


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What is Shenzhen Qingyi Photomask Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Qingyi Photomask's Average Total Inventories for the three months ended in Mar. 2024 was ¥185 Mil. Shenzhen Qingyi Photomask's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥188 Mil. Hence, Shenzhen Qingyi Photomask's Days Inventory for the three months ended in Mar. 2024 was 89.79.

The historical rank and industry rank for Shenzhen Qingyi Photomask's Days Inventory or its related term are showing as below:

SHSE:688138' s Days Inventory Range Over the Past 10 Years
Min: 51.92   Med: 61.26   Max: 85.51
Current: 84.37

During the past 12 years, Shenzhen Qingyi Photomask's highest Days Inventory was 85.51. The lowest was 51.92. And the median was 61.26.

SHSE:688138's Days Inventory is ranked better than
60.73% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs SHSE:688138: 84.37

Shenzhen Qingyi Photomask's Days Inventory declined from Mar. 2023 (97.20) to Mar. 2024 (89.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Qingyi Photomask's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Shenzhen Qingyi Photomask's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.68.


Shenzhen Qingyi Photomask Days Inventory Historical Data

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask Days Inventory Chart

Shenzhen Qingyi Photomask 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 65.52 68.92 66.13 73.88 85.51

Shenzhen Qingyi Photomask 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 97.20 77.79 78.60 84.79 89.79

Competitive Comparison of Shenzhen Qingyi Photomask's Days Inventory

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's Days Inventory falls into.



Shenzhen Qingyi Photomask Days Inventory Calculation

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

Shenzhen Qingyi Photomask'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
=( (143.428 + 170.006) / 2 ) / 668.935*365
=156.717 / 668.935*365
=85.51

Shenzhen Qingyi Photomask'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
=( (170.006 + 200.817) / 2 ) / 188.433*365 / 4
=185.4115 / 188.433*365 / 4
=89.79

* 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.


Shenzhen Qingyi Photomask  (SHSE:688138) 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.

Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask Days Inventory Related Terms

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


Shenzhen Qingyi Photomask (SHSE:688138) Business Description

Traded in Other Exchanges
N/A
Address
Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
Executives
Hao Ming Yi Core technical personnel
Hou Hong Hao Core technical personnel
Xiong Qi Long Core technical personnel
Qin Shen senior management
Deng Zhen Yu Core technical personnel
Chen Hai Ying Supervisors

Shenzhen Qingyi Photomask (SHSE:688138) Headlines

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