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Memsensing Microsystems (Suzhou China) Co (SHSE:688286) Days Inventory : 263.82 (As of Mar. 2024)


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What is Memsensing Microsystems (Suzhou China) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Memsensing Microsystems (Suzhou China) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥198.7 Mil. Memsensing Microsystems (Suzhou China) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥68.7 Mil. Hence, Memsensing Microsystems (Suzhou China) Co's Days Inventory for the three months ended in Mar. 2024 was 263.82.

The historical rank and industry rank for Memsensing Microsystems (Suzhou China) Co's Days Inventory or its related term are showing as below:

SHSE:688286' s Days Inventory Range Over the Past 10 Years
Min: 109.99   Med: 164.98   Max: 666.75
Current: 206.22

During the past 10 years, Memsensing Microsystems (Suzhou China) Co's highest Days Inventory was 666.75. The lowest was 109.99. And the median was 164.98.

SHSE:688286's Days Inventory is ranked worse than
73.81% of 943 companies
in the Semiconductors industry
Industry Median: 130.21 vs SHSE:688286: 206.22

Memsensing Microsystems (Suzhou China) Co's Days Inventory declined from Mar. 2023 (341.14) to Mar. 2024 (263.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Memsensing Microsystems (Suzhou China) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. Memsensing Microsystems (Suzhou China) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.25.


Memsensing Microsystems (Suzhou China) Co Days Inventory Historical Data

The historical data trend for Memsensing Microsystems (Suzhou China) 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.

Memsensing Microsystems (Suzhou China) Co Days Inventory Chart

Memsensing Microsystems (Suzhou China) Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.30 163.67 230.27 301.33 213.23

Memsensing Microsystems (Suzhou China) 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 341.14 208.14 170.10 173.60 263.82

Competitive Comparison of Memsensing Microsystems (Suzhou China) Co's Days Inventory

For the Semiconductors subindustry, Memsensing Microsystems (Suzhou China) 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.


Memsensing Microsystems (Suzhou China) Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Memsensing Microsystems (Suzhou China) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Memsensing Microsystems (Suzhou China) Co's Days Inventory falls into.



Memsensing Microsystems (Suzhou China) Co Days Inventory Calculation

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

Memsensing Microsystems (Suzhou China) 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
=( (188.523 + 173.7) / 2 ) / 310.021*365
=181.1115 / 310.021*365
=213.23

Memsensing Microsystems (Suzhou China) 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
=( (173.7 + 223.604) / 2 ) / 68.709*365 / 4
=198.652 / 68.709*365 / 4
=263.82

* 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.


Memsensing Microsystems (Suzhou China) Co  (SHSE:688286) 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.

Memsensing Microsystems (Suzhou China) 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.

Memsensing Microsystems (Suzhou China) 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.


Memsensing Microsystems (Suzhou China) Co Days Inventory Related Terms

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


Memsensing Microsystems (Suzhou China) Co (SHSE:688286) Business Description

Traded in Other Exchanges
N/A
Address
99 Jinji Lake Avenue, Room 102, Building NW-09, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000
Memsensing Microsystems (Suzhou China) Co Ltd is engaged in developing and designing microelectronic mechanical system sensors, integrated circuits, new electronic components, and computer software; produces MEMS sensors, sells its own products, and provides related technical consultation and technical services. The company's products include MEMSensing Microphone; MEMSensing Pressure Sensor; and MEMSensing Inertial Sensor.
Executives
Qian Qi Feng senior management
Dong Ming Yan senior management
Zhang Chen Liang senior management
Mei Jia Xin Directors, senior managers
Hu Wei senior management

Memsensing Microsystems (Suzhou China) Co (SHSE:688286) Headlines

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