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Shenzhen Sdg Information Co (SZSE:000070) Days Inventory : 164.13 (As of Mar. 2024)


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What is Shenzhen Sdg Information Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Sdg Information Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,685 Mil. Shenzhen Sdg Information Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥937 Mil. Hence, Shenzhen Sdg Information Co's Days Inventory for the three months ended in Mar. 2024 was 164.13.

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

SZSE:000070' s Days Inventory Range Over the Past 10 Years
Min: 100.99   Med: 118.89   Max: 179.12
Current: 123.4

During the past 13 years, Shenzhen Sdg Information Co's highest Days Inventory was 179.12. The lowest was 100.99. And the median was 118.89.

SZSE:000070's Days Inventory is ranked worse than
59.93% of 2411 companies
in the Hardware industry
Industry Median: 101.84 vs SZSE:000070: 123.40

Shenzhen Sdg Information Co's Days Inventory increased from Mar. 2023 (128.41) to Mar. 2024 (164.13). It might indicate that Shenzhen Sdg Information Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Sdg Information Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.56.

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 Sdg Information Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.58.


Shenzhen Sdg Information Co Days Inventory Historical Data

The historical data trend for Shenzhen Sdg Information 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.

Shenzhen Sdg Information Co Days Inventory Chart

Shenzhen Sdg Information Co 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 156.16 179.12 141.80 110.87 120.97

Shenzhen Sdg Information 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 128.41 94.76 122.17 117.88 164.13

Competitive Comparison of Shenzhen Sdg Information Co's Days Inventory

For the Communication Equipment subindustry, Shenzhen Sdg Information 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.


Shenzhen Sdg Information Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen Sdg Information Co's Days Inventory falls into.



Shenzhen Sdg Information Co Days Inventory Calculation

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

Shenzhen Sdg Information 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
=( (1198.548 + 1584.519) / 2 ) / 4198.768*365
=1391.5335 / 4198.768*365
=120.97

Shenzhen Sdg Information 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
=( (1584.519 + 1785.201) / 2 ) / 936.708*365 / 4
=1684.86 / 936.708*365 / 4
=164.13

* 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 Sdg Information Co  (SZSE:000070) 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 Sdg Information 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.

Shenzhen Sdg Information 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.


Shenzhen Sdg Information Co Days Inventory Related Terms

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


Shenzhen Sdg Information Co (SZSE:000070) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Kefeng Road, Communications Building, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057
Shenzhen Sdg Information Co Ltd is engaged in developing and focusing on the research and development and production of fiber optic cable, wiring network equipment, and communication equipment. The products of the company include optical fiber distribution frame, cable transfer box, splitter, single mode fiber, and low loss single mode fiber.
Executives
Zhang Sui Supervisors
Yang Hong Yu Directors, executives
Wang Bao Director
Liu Yan Supervisors
Cheng Peng Executives
Luo Tao Executives
Zhang Da Jun Secretary Dong
Liu Yang Executives
Jiang Qin Jian Directors, executives
Chen Hua Directors, executives
Wang Hai Lin Executives
Li Bin Xue Supervisors
Lu Bing Yi Supervisors
Guo Yue Executives
Guo Jian Min Executives

Shenzhen Sdg Information Co (SZSE:000070) Headlines

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