Beijing Telesound Electronics Co (SZSE:003004) Days Inventory : 176.97 (As of Sep. 2024)

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What is Beijing Telesound Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Telesound Electronics Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥53.1 Mil. Beijing Telesound Electronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥27.4 Mil. Hence, Beijing Telesound Electronics Co's Days Inventory for the three months ended in Sep. 2024 was 176.97.

The historical rank and industry rank for Beijing Telesound Electronics Co's Days Inventory or its related term are showing as below:

SZSE:003004' s Days Inventory Range Over the Past 10 Years
Min: 32.01 Med: 61.51 Max: 126.27
Current: 103.45

During the past 10 years, Beijing Telesound Electronics Co's highest Days Inventory was 126.27. The lowest was 32.01. And the median was 61.51.

SZSE:003004's Days Inventory is ranked worse than
76.72% of 670 companies
in the Business Services industry
Industry Median: 28.49 vs SZSE:003004: 103.45

Beijing Telesound Electronics Co's Days Inventory increased from Sep. 2023 (112.78) to Sep. 2024 (176.97). It might indicate that Beijing Telesound Electronics Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Telesound Electronics Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.52.

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. Beijing Telesound Electronics Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.09.

Beijing Telesound Electronics Co Days Inventory Historical Data

The historical data trend for Beijing Telesound 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.

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Beijing Telesound Electronics Co Days Inventory Chart

Beijing Telesound Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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41.33

32.01

34.39

50.33

72.06

Beijing Telesound Electronics 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															112.78	36.36	288.40	166.69	176.97

Competitive Comparison of Beijing Telesound Electronics Co's Days Inventory

For the Security & Protection Services subindustry, Beijing Telesound 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.

Beijing Telesound Electronics Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Beijing Telesound Electronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Telesound Electronics Co's Days Inventory falls into.

Beijing Telesound Electronics Co Days Inventory Calculation

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

Beijing Telesound 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
=	( (30.398	+	33.386)	/	2 )	/	161.532	*	365
=	31.892					/	161.532	*	365
=	72.06

Beijing Telesound Electronics 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
=	( (46.519	+	59.757)	/	2 )	/	27.4	*	365 / 4
=	53.138					/	27.4	*	365 / 4
=	176.97

Beijing Telesound Electronics Co (SZSE:003004) 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.

Beijing Telesound Electronics Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.4	/	53.138
	=	0.52

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.

Beijing Telesound Electronics Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.138	/	48.532
	=	1.09

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.

Beijing Telesound Electronics Co Days Inventory Related Terms

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

Beijing Telesound Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Beijing Telesound Electronics Co Ltd (SZSE:003004) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Fengxian Middle Road, 4th Floor, Incubation Building, Yongfeng High-tech Industrial Base, Haidian District, Beijing, CHN, 100094

Website

http://www.telesound.com.cn

Beijing Telesound Electronics Co Ltd is a security solution and operation service provider centered on intelligent technology and the Internet of Things platform. It focuses on the security industry, and gradually focuses on the application of AIoT technology in the fields of monitoring, alarm, and security inspection, for industry users in finance, rail transit, and urban public safety to provide intelligent, informative, and industrialized security solutions and security operation services.

Executives

Chu Lin	Executives
Liu Jian Wen	Director
Jia Li Yan	Supervisors

Beijing Telesound Electronics Co Headlines

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