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Tianjin Printronics Circuit (SZSE:002134) Days Inventory : 53.39 (As of Mar. 2024)


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What is Tianjin Printronics Circuit Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tianjin Printronics Circuit's Average Total Inventories for the three months ended in Mar. 2024 was ¥119.6 Mil. Tianjin Printronics Circuit's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥204.3 Mil. Hence, Tianjin Printronics Circuit's Days Inventory for the three months ended in Mar. 2024 was 53.39.

The historical rank and industry rank for Tianjin Printronics Circuit's Days Inventory or its related term are showing as below:

SZSE:002134' s Days Inventory Range Over the Past 10 Years
Min: 45.77   Med: 74.4   Max: 115.79
Current: 50.55

During the past 13 years, Tianjin Printronics Circuit's highest Days Inventory was 115.79. The lowest was 45.77. And the median was 74.40.

SZSE:002134's Days Inventory is ranked better than
82.42% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs SZSE:002134: 50.55

Tianjin Printronics Circuit's Days Inventory increased from Mar. 2023 (51.33) to Mar. 2024 (53.39). It might indicate that Tianjin Printronics Circuit's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Printronics Circuit's Inventory Turnover for the three months ended in Mar. 2024 was 1.71.

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. Tianjin Printronics Circuit's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.48.


Tianjin Printronics Circuit Days Inventory Historical Data

The historical data trend for Tianjin Printronics Circuit'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.

Tianjin Printronics Circuit Days Inventory Chart

Tianjin Printronics Circuit 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 68.28 54.79 45.77 62.94 70.63

Tianjin Printronics Circuit 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 51.33 41.24 42.99 54.27 53.39

Competitive Comparison of Tianjin Printronics Circuit's Days Inventory

For the Semiconductors subindustry, Tianjin Printronics Circuit'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.


Tianjin Printronics Circuit's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianjin Printronics Circuit's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tianjin Printronics Circuit's Days Inventory falls into.



Tianjin Printronics Circuit Days Inventory Calculation

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

Tianjin Printronics Circuit'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
=( (75.393 + 119.163) / 2 ) / 502.738*365
=97.278 / 502.738*365
=70.63

Tianjin Printronics Circuit'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
=( (119.163 + 119.955) / 2 ) / 204.344*365 / 4
=119.559 / 204.344*365 / 4
=53.39

* 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.


Tianjin Printronics Circuit  (SZSE:002134) 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.

Tianjin Printronics Circuit'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.

Tianjin Printronics Circuit'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.


Tianjin Printronics Circuit Days Inventory Related Terms

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


Tianjin Printronics Circuit (SZSE:002134) Business Description

Traded in Other Exchanges
N/A
Address
No. 53 Hanghai Road, Tianjin Port Logistics Center, Tianjin Airport Free Trade Zone, Tianjin, CHN, 300308
Tianjin Printronics Circuit Corp is engaged in the manufacturing traditional rigid printed circuit boards and HDI printed circuit boards for mobile phones and developing communication back plate. The products are applied in different fields which include industrial automation control, telecommunication, aviation and aerospace, and instrument and meters, and consumer electronics. The products of the company include rigid flex board, step board, black solder mask multi-layer board, and, normal board.
Executives
Lin Xiao Hua Secretary Dong

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