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Infotmic Co (SZSE:000670) Days Inventory : 31.65 (As of Mar. 2024)


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What is Infotmic Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infotmic Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥313 Mil. Infotmic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥902 Mil. Hence, Infotmic Co's Days Inventory for the three months ended in Mar. 2024 was 31.65.

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

SZSE:000670' s Days Inventory Range Over the Past 10 Years
Min: 21.51   Med: 51.66   Max: 497.76
Current: 30.05

During the past 13 years, Infotmic Co's highest Days Inventory was 497.76. The lowest was 21.51. And the median was 51.66.

SZSE:000670's Days Inventory is ranked better than
92.58% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs SZSE:000670: 30.05

Infotmic Co's Days Inventory declined from Mar. 2023 (32.69) to Mar. 2024 (31.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Infotmic Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.88.

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. Infotmic Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.32.


Infotmic Co Days Inventory Historical Data

The historical data trend for Infotmic 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.

Infotmic Co Days Inventory Chart

Infotmic 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 432.71 25.60 21.51 27.34 33.35

Infotmic 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 32.69 30.82 33.33 31.76 31.65

Competitive Comparison of Infotmic Co's Days Inventory

For the Semiconductors subindustry, Infotmic 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.


Infotmic Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Infotmic Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Infotmic Co's Days Inventory falls into.



Infotmic Co Days Inventory Calculation

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

Infotmic 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
=( (208.088 + 395.648) / 2 ) / 3303.887*365
=301.868 / 3303.887*365
=33.35

Infotmic 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
=( (395.648 + 230.19) / 2 ) / 902.299*365 / 4
=312.919 / 902.299*365 / 4
=31.65

* 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.


Infotmic Co  (SZSE:000670) 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.

Infotmic 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.

Infotmic 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.


Infotmic Co Days Inventory Related Terms

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


Infotmic Co (SZSE:000670) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Lane 500, Shengxia Road, 2nd Floor, Zhangjiang Hi-Tech Park, Jingzhou, CHN
Infotmic Co Ltd is a China-based company engaged in the manufacturing of computer and communications equipment. The product portfolio of the company includes chips such as application processer, Beidou positioning chip, image processor and other chips, Image terminal, products, Intelligent terminal products, commercial equipment and other products. The company is also involved in the field of intelligent system operation by integrating mobile Internet, Internet of Things, Beidou system, intelligent terminal and back-end big data to provide system services such as smart city, data operation, digital ranch and smart home.
Executives
Li Shi Wei Directors, executives
Chen Yan Biao Director
Ding Qiang Supervisors
Chen Zhi Cheng Directors, executives
Tang Zhong Min Director

Infotmic Co (SZSE:000670) Headlines

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