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Fujian Star-Net Communication Co (SZSE:002396) Days Inventory : 189.48 (As of Mar. 2024)


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What is Fujian Star-Net Communication Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fujian Star-Net Communication Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥4,253 Mil. Fujian Star-Net Communication Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,048 Mil. Hence, Fujian Star-Net Communication Co's Days Inventory for the three months ended in Mar. 2024 was 189.48.

The historical rank and industry rank for Fujian Star-Net Communication Co's Days Inventory or its related term are showing as below:

SZSE:002396' s Days Inventory Range Over the Past 10 Years
Min: 86.12   Med: 111.49   Max: 159.88
Current: 151.95

During the past 13 years, Fujian Star-Net Communication Co's highest Days Inventory was 159.88. The lowest was 86.12. And the median was 111.49.

SZSE:002396's Days Inventory is ranked worse than
69.1% of 2408 companies
in the Hardware industry
Industry Median: 101.81 vs SZSE:002396: 151.95

Fujian Star-Net Communication Co's Days Inventory increased from Mar. 2023 (178.89) to Mar. 2024 (189.48). It might indicate that Fujian Star-Net Communication Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujian Star-Net Communication Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Fujian Star-Net Communication Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.35.


Fujian Star-Net Communication Co Days Inventory Historical Data

The historical data trend for Fujian Star-Net Communication 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.

Fujian Star-Net Communication Co Days Inventory Chart

Fujian Star-Net Communication 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 101.90 108.17 130.06 159.88 159.30

Fujian Star-Net Communication 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 178.89 155.49 147.90 128.37 189.48

Competitive Comparison of Fujian Star-Net Communication Co's Days Inventory

For the Communication Equipment subindustry, Fujian Star-Net Communication 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.


Fujian Star-Net Communication Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujian Star-Net Communication Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fujian Star-Net Communication Co's Days Inventory falls into.



Fujian Star-Net Communication Co Days Inventory Calculation

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

Fujian Star-Net Communication 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
=( (4705.754 + 4145.341) / 2 ) / 10140.127*365
=4425.5475 / 10140.127*365
=159.30

Fujian Star-Net Communication 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
=( (4145.341 + 4359.894) / 2 ) / 2047.974*365 / 4
=4252.6175 / 2047.974*365 / 4
=189.48

* 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.


Fujian Star-Net Communication Co  (SZSE:002396) 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.

Fujian Star-Net Communication 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.

Fujian Star-Net Communication 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.


Fujian Star-Net Communication Co Days Inventory Related Terms

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


Fujian Star-Net Communication Co (SZSE:002396) Business Description

Traded in Other Exchanges
N/A
Address
No. 618 Jinshan Avenue, Building 19-22, Ruijie Science and Technology Park, Juyuanzhou Star Network, Cangshan District, Fujian, Fuzhou City, CHN, 350002
Fujian Star-Net Communication Co Ltd is a China-based company operates in the terminals and video application systems. It serves in the fields of network communication, switches, cloud computing, payment terminals, desktop clouds, wireless and broadband access, and video information applications. The company serves approximately 100 countries worldwide. Its product portfolio includes smart network, smart cloud, and smart finance.
Executives
Liu Zhong Dong Executives
Zheng Hong Executives
Tian Zhong Min Supervisors
Huang Song En Director
Wei Shu Song Director
Huang Yi Hao Director

Fujian Star-Net Communication Co (SZSE:002396) Headlines

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