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Beijing Ultrapower Software Co (SZSE:300002) Days Inventory : 33.27 (As of Mar. 2024)


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What is Beijing Ultrapower Software Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Ultrapower Software Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥197 Mil. Beijing Ultrapower Software Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥541 Mil. Hence, Beijing Ultrapower Software Co's Days Inventory for the three months ended in Mar. 2024 was 33.27.

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

SZSE:300002' s Days Inventory Range Over the Past 10 Years
Min: 26.99   Med: 61.53   Max: 161.86
Current: 37.88

During the past 13 years, Beijing Ultrapower Software Co's highest Days Inventory was 161.86. The lowest was 26.99. And the median was 61.53.

SZSE:300002's Days Inventory is ranked worse than
62.67% of 1559 companies
in the Software industry
Industry Median: 19.53 vs SZSE:300002: 37.88

Beijing Ultrapower Software Co's Days Inventory declined from Mar. 2023 (42.16) to Mar. 2024 (33.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Ultrapower Software Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.74.

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 Ultrapower Software Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.


Beijing Ultrapower Software Co Days Inventory Historical Data

The historical data trend for Beijing Ultrapower Software 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.

Beijing Ultrapower Software Co Days Inventory Chart

Beijing Ultrapower Software 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 134.44 64.00 40.67 30.46 26.99

Beijing Ultrapower Software 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 42.16 42.19 50.94 29.75 33.27

Competitive Comparison of Beijing Ultrapower Software Co's Days Inventory

For the Software - Application subindustry, Beijing Ultrapower Software 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 Ultrapower Software Co's Days Inventory Distribution in the Software Industry

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

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



Beijing Ultrapower Software Co Days Inventory Calculation

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

Beijing Ultrapower Software 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
=( (162.978 + 165.676) / 2 ) / 2222.004*365
=164.327 / 2222.004*365
=26.99

Beijing Ultrapower Software 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
=( (165.676 + 228.718) / 2 ) / 540.902*365 / 4
=197.197 / 540.902*365 / 4
=33.27

* 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.


Beijing Ultrapower Software Co  (SZSE:300002) 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 Ultrapower Software 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.

Beijing Ultrapower Software 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.


Beijing Ultrapower Software Co Days Inventory Related Terms

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


Beijing Ultrapower Software Co (SZSE:300002) Business Description

Traded in Other Exchanges
N/A
Address
Building 1 on the 13th Academy Building, Beiyuan, Chaoyang District, 22 North Star Taiyue, Beijing, CHN, 100107
Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.
Executives
Wang Ning Director
Hu Jia Ming Directors, Directors, and Executives
Li Li Director
Di Yi Bing Directors, executives
Gao Feng Executives
Huang Song Lang Director
Zhang Qian Shan Directors, executives
Mao Da Wei Directors, executives
Hao Yan Supervisors
Liang De Xing Executives
Zhu Jian Song Executives
Wan Neng Directors, executives
Qi Qiang Director
Xu Peng Executives
Xu Si Ping Director

Beijing Ultrapower Software Co (SZSE:300002) Headlines

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