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Suzhou Good-Ark Electronics Co (SZSE:002079) Days Inventory : 45.19 (As of Mar. 2024)


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What is Suzhou Good-Ark Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzhou Good-Ark Electronics Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥501 Mil. Suzhou Good-Ark Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,011 Mil. Hence, Suzhou Good-Ark Electronics Co's Days Inventory for the three months ended in Mar. 2024 was 45.19.

The historical rank and industry rank for Suzhou Good-Ark Electronics Co's Days Inventory or its related term are showing as below:

SZSE:002079' s Days Inventory Range Over the Past 10 Years
Min: 42.25   Med: 50.03   Max: 75.76
Current: 42.25

During the past 13 years, Suzhou Good-Ark Electronics Co's highest Days Inventory was 75.76. The lowest was 42.25. And the median was 50.03.

SZSE:002079's Days Inventory is ranked better than
87.17% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs SZSE:002079: 42.25

Suzhou Good-Ark Electronics Co's Days Inventory declined from Mar. 2023 (59.24) to Mar. 2024 (45.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Good-Ark Electronics Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.02.

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. Suzhou Good-Ark Electronics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


Suzhou Good-Ark Electronics Co Days Inventory Historical Data

The historical data trend for Suzhou Good-Ark Electronics 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.

Suzhou Good-Ark Electronics Co Days Inventory Chart

Suzhou Good-Ark Electronics 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 43.09 50.70 50.84 49.36 44.74

Suzhou Good-Ark Electronics 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 59.24 44.67 38.99 37.84 45.19

Competitive Comparison of Suzhou Good-Ark Electronics Co's Days Inventory

For the Semiconductors subindustry, Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Good-Ark Electronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suzhou Good-Ark Electronics Co's Days Inventory falls into.



Suzhou Good-Ark Electronics Co Days Inventory Calculation

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

Suzhou Good-Ark Electronics 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
=( (384.97 + 473.14) / 2 ) / 3500.337*365
=429.055 / 3500.337*365
=44.74

Suzhou Good-Ark Electronics 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
=( (473.14 + 528.326) / 2 ) / 1011.093*365 / 4
=500.733 / 1011.093*365 / 4
=45.19

* 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.


Suzhou Good-Ark Electronics Co  (SZSE:002079) 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.

Suzhou Good-Ark Electronics 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.

Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co Days Inventory Related Terms

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


Suzhou Good-Ark Electronics Co (SZSE:002079) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

Suzhou Good-Ark Electronics Co (SZSE:002079) Headlines

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