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ComNav Technology (SHSE:688592) Days Inventory : 648.30 (As of Mar. 2025)


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What is ComNav Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ComNav Technology's Average Total Inventories for the three months ended in Mar. 2025 was ¥148.9 Mil. ComNav Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥21.0 Mil. Hence, ComNav Technology's Days Inventory for the three months ended in Mar. 2025 was 648.30.

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

SHSE:688592' s Days Inventory Range Over the Past 10 Years
Min: 209.11   Med: 240.37   Max: 309.3
Current: 258.3

During the past 12 years, ComNav Technology's highest Days Inventory was 309.30. The lowest was 209.11. And the median was 240.37.

SHSE:688592's Days Inventory is ranked worse than
88.55% of 2385 companies
in the Hardware industry
Industry Median: 96.13 vs SHSE:688592: 258.30

ComNav Technology's Days Inventory declined from Mar. 2024 (713.08) to Mar. 2025 (648.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. ComNav Technology's Inventory Turnover for the three months ended in Mar. 2025 was 0.14.

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. ComNav Technology's Inventory-to-Revenue for the three months ended in Mar. 2025 was 3.40.


ComNav Technology Days Inventory Historical Data

The historical data trend for ComNav Technology'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.

ComNav Technology Days Inventory Chart

ComNav Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.11 237.83 309.30 242.12 215.14

ComNav Technology Quarterly Data
Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 713.08 395.90 410.89 110.51 648.30

Competitive Comparison of ComNav Technology's Days Inventory

For the Communication Equipment subindustry, ComNav Technology'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.


ComNav Technology's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where ComNav Technology's Days Inventory falls into.


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ComNav Technology Days Inventory Calculation

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

ComNav Technology's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (117.66 + 134.57) / 2 ) / 213.958*365
=126.115 / 213.958*365
=215.14

ComNav Technology's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (134.57 + 163.327) / 2 ) / 20.965*365 / 4
=148.9485 / 20.965*365 / 4
=648.30

* 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.


ComNav Technology  (SHSE:688592) 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.

ComNav Technology's Inventory Turnover for the three months ended in Mar. 2025 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.

ComNav Technology's Inventory to Revenue for the three months ended in Mar. 2025 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.


ComNav Technology Days Inventory Related Terms

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


ComNav Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 618 Chengliu Middle Road, 3rd Floor, Building 2, Malu Town, Jiading District, Shanghai, CHN, 201801
ComNav Technology Ltd is engaged in the research and development of high-precision satellite navigation dedicated chips and differential positioning (RTK) technology.

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