GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Synertone Communication Corp (GREY:SYWTF) » Definitions » Days Inventory

Synertone Communication (Synertone Communication) Days Inventory : 823.66 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Synertone Communication Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synertone Communication's Average Total Inventories for the six months ended in Sep. 2023 was $6.16 Mil. Synertone Communication's Cost of Goods Sold for the six months ended in Sep. 2023 was $1.37 Mil. Hence, Synertone Communication's Days Inventory for the six months ended in Sep. 2023 was 823.66.

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

SYWTF' s Days Inventory Range Over the Past 10 Years
Min: 29.04   Med: 235.82   Max: 367.03
Current: 375.66

During the past 13 years, Synertone Communication's highest Days Inventory was 367.03. The lowest was 29.04. And the median was 235.82.

SYWTF's Days Inventory is ranked worse than
94.52% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs SYWTF: 375.66

Synertone Communication's Days Inventory increased from Sep. 2022 (571.74) to Sep. 2023 (823.66). It might indicate that Synertone Communication's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synertone Communication's Inventory Turnover for the six months ended in Sep. 2023 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. Synertone Communication's Inventory-to-Revenue for the six months ended in Sep. 2023 was 2.82.


Synertone Communication Days Inventory Historical Data

The historical data trend for Synertone Communication'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.

Synertone Communication Days Inventory Chart

Synertone Communication Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 341.26 345.20 260.53 211.81 367.69

Synertone Communication Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 306.13 145.96 571.74 242.74 823.66

Competitive Comparison of Synertone Communication's Days Inventory

For the Communication Equipment subindustry, Synertone Communication'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.


Synertone Communication's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Synertone Communication's Days Inventory falls into.



Synertone Communication Days Inventory Calculation

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

Synertone Communication's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (7.068 + 6.175) / 2 ) / 6.573*365
=6.6215 / 6.573*365
=367.69

Synertone Communication's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.175 + 6.146) / 2 ) / 1.365*365 / 2
=6.1605 / 1.365*365 / 2
=823.66

* 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.


Synertone Communication  (GREY:SYWTF) 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.

Synertone Communication's Inventory Turnover for the six months ended in Sep. 2023 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.

Synertone Communication's Inventory to Revenue for the six months ended in Sep. 2023 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.


Synertone Communication Days Inventory Related Terms

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


Synertone Communication (Synertone Communication) Business Description

Traded in Other Exchanges
Address
66 Mody Road, Room 1012, 10th Floor, Tsim Sha Tsui Centre, Kowloon, Hong Kong, HKG
Synertone Communication Corp is an investment holding company. The company's operating segments include Building intelligence, Control system, and Data Centre. It generates maximum revenue from the Building intelligence segment which includes the provision of video intercom systems and security alarm solutions for residential complexes; and smart home automation systems for new and existing households. Its Control System segment includes the provision of automation hardware and software products, information systems platforms, as well as the industrial and monitoring and scheduling management system solutions for the municipal utility industry. The Data Centre segment includes rental and maintenance services of computer equipment and machines and other related services.

Synertone Communication (Synertone Communication) Headlines

No Headlines