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Guangzhou Shiyuan Electronic Technology Co (SZSE:002841) Days Inventory : 53.58 (As of Sep. 2024)


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What is Guangzhou Shiyuan Electronic Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangzhou Shiyuan Electronic Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥3,239 Mil. Guangzhou Shiyuan Electronic Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥5,516 Mil. Hence, Guangzhou Shiyuan Electronic Technology Co's Days Inventory for the three months ended in Sep. 2024 was 53.58.

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

SZSE:002841' s Days Inventory Range Over the Past 10 Years
Min: 28.74   Med: 41.29   Max: 58.1
Current: 58.1

During the past 13 years, Guangzhou Shiyuan Electronic Technology Co's highest Days Inventory was 58.10. The lowest was 28.74. And the median was 41.29.

SZSE:002841's Days Inventory is ranked better than
75.56% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs SZSE:002841: 58.10

Guangzhou Shiyuan Electronic Technology Co's Days Inventory increased from Sep. 2023 (38.81) to Sep. 2024 (53.58). It might indicate that Guangzhou Shiyuan Electronic Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Shiyuan Electronic Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.70.

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. Guangzhou Shiyuan Electronic Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.46.


Guangzhou Shiyuan Electronic Technology Co Days Inventory Historical Data

The historical data trend for Guangzhou Shiyuan Electronic Technology 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.

Guangzhou Shiyuan Electronic Technology Co Days Inventory Chart

Guangzhou Shiyuan Electronic Technology 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 44.02 47.31 48.52 50.96 49.84

Guangzhou Shiyuan Electronic Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 38.81 52.18 66.82 69.46 53.58

Competitive Comparison of Guangzhou Shiyuan Electronic Technology Co's Days Inventory

For the Electronic Components subindustry, Guangzhou Shiyuan Electronic Technology 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.


Guangzhou Shiyuan Electronic Technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Shiyuan Electronic Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangzhou Shiyuan Electronic Technology Co's Days Inventory falls into.



Guangzhou Shiyuan Electronic Technology Co Days Inventory Calculation

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

Guangzhou Shiyuan Electronic Technology 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
=( (1857.114 + 2238.319) / 2 ) / 14995.02*365
=2047.7165 / 14995.02*365
=49.84

Guangzhou Shiyuan Electronic Technology Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (3731.715 + 2746.058) / 2 ) / 5515.741*365 / 4
=3238.8865 / 5515.741*365 / 4
=53.58

* 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.


Guangzhou Shiyuan Electronic Technology Co  (SZSE:002841) 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.

Guangzhou Shiyuan Electronic Technology Co's Inventory Turnover for the three months ended in Sep. 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.

Guangzhou Shiyuan Electronic Technology Co's Inventory to Revenue for the three months ended in Sep. 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.


Guangzhou Shiyuan Electronic Technology Co Days Inventory Related Terms

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


Guangzhou Shiyuan Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Yunpu 4th Road, Huangpu District, Guangzhou, CHN, 510530
Guangzhou Shiyuan Electronic Technology Co Ltd is a TV display mainboard solution provider. It is engaged in the design, development, and sales of LCD mainboards, intelligent interactive panels, medical devices, and related Intelligent hardware. The company offers its products under two brands: seewo and CVTOUCH.
Executives
Zhuang Zhe Executives
Liu Dan Feng Director
Wang Yi Ran Director
Yang Ming Executives
Zhang Li Xiang Supervisors
Yu Wei Director
Zhou Yong Directors, executives

Guangzhou Shiyuan Electronic Technology Co Headlines

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