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Maxvision Technology (SZSE:002990) Days Inventory : 129.28 (As of Jun. 2024)


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What is Maxvision Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maxvision Technology's Average Total Inventories for the three months ended in Jun. 2024 was ¥302 Mil. Maxvision Technology's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥213 Mil. Hence, Maxvision Technology's Days Inventory for the three months ended in Jun. 2024 was 129.28.

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

SZSE:002990' s Days Inventory Range Over the Past 10 Years
Min: 121.92   Med: 199.3   Max: 266.45
Current: 139.38

During the past 8 years, Maxvision Technology's highest Days Inventory was 266.45. The lowest was 121.92. And the median was 199.30.

SZSE:002990's Days Inventory is ranked worse than
86.26% of 1565 companies
in the Software industry
Industry Median: 18.6 vs SZSE:002990: 139.38

Maxvision Technology's Days Inventory increased from Jun. 2023 (103.27) to Jun. 2024 (129.28). It might indicate that Maxvision Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maxvision Technology's Inventory Turnover for the three months ended in Jun. 2024 was 0.71.

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. Maxvision Technology's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.90.


Maxvision Technology Days Inventory Historical Data

The historical data trend for Maxvision Technology'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.

Maxvision Technology Days Inventory Chart

Maxvision Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 241.39 193.39 134.01 183.74 121.92

Maxvision Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 103.27 157.11 113.22 203.00 129.28

Competitive Comparison of Maxvision Technology's Days Inventory

For the Software - Infrastructure subindustry, Maxvision Technology'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.


Maxvision Technology's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Maxvision Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maxvision Technology's Days Inventory falls into.



Maxvision Technology Days Inventory Calculation

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

Maxvision Technology'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
=( (289.552 + 349.358) / 2 ) / 956.405*365
=319.455 / 956.405*365
=121.92

Maxvision Technology's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (327.63 + 275.63) / 2 ) / 212.896*365 / 4
=301.63 / 212.896*365 / 4
=129.28

* 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.


Maxvision Technology  (SZSE:002990) 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.

Maxvision Technology's Inventory Turnover for the three months ended in Jun. 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.

Maxvision Technology's Inventory to Revenue for the three months ended in Jun. 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.


Maxvision Technology Days Inventory Related Terms

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


Maxvision Technology Business Description

Traded in Other Exchanges
N/A
Address
Tairan Shi Road, Shatou Street, 1601, 1605, East Block, Phase 2,Tian'an Community, Tianan Innovation and Technology Plaza, Futian District, Guangdong, Shenzhen, CHN, 518040
Maxvision Technology Corp is specialized in artificial intelligence and algorithm researches and intelligent system integration. Its products include smart port, smart traffic, artificial intelligence, and smart systems.
Executives
Miao Ying Liang Executives
Huang Xin Directors, executives
Hu Gang Directors, executives
Qin Cao Directors, executives
Jiang Bing Directors, executives
Gong Tao Executives
Lai Shi Wu Executives

Maxvision Technology Headlines

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