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Siasun Robot & Automation Co (SZSE:300024) Days Inventory : 433.71 (As of Jun. 2024)


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What is Siasun Robot & Automation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Siasun Robot & Automation Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥3,721 Mil. Siasun Robot & Automation Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥783 Mil. Hence, Siasun Robot & Automation Co's Days Inventory for the three months ended in Jun. 2024 was 433.71.

The historical rank and industry rank for Siasun Robot & Automation Co's Days Inventory or its related term are showing as below:

SZSE:300024' s Days Inventory Range Over the Past 10 Years
Min: 316.6   Med: 392.87   Max: 649.02
Current: 393.04

During the past 13 years, Siasun Robot & Automation Co's highest Days Inventory was 649.02. The lowest was 316.60. And the median was 392.87.

SZSE:300024's Days Inventory is ranked worse than
93.95% of 2924 companies
in the Industrial Products industry
Industry Median: 120.275 vs SZSE:300024: 393.04

Siasun Robot & Automation Co's Days Inventory declined from Jun. 2023 (495.77) to Jun. 2024 (433.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Siasun Robot & Automation Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.21.

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. Siasun Robot & Automation Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 4.01.


Siasun Robot & Automation Co Days Inventory Historical Data

The historical data trend for Siasun Robot & Automation 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.

Siasun Robot & Automation Co Days Inventory Chart

Siasun Robot & Automation 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 649.02 644.26 398.53 384.20 387.20

Siasun Robot & Automation Co 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 495.77 465.30 260.13 529.65 433.71

Competitive Comparison of Siasun Robot & Automation Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Siasun Robot & Automation 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.


Siasun Robot & Automation Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siasun Robot & Automation Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Siasun Robot & Automation Co's Days Inventory falls into.



Siasun Robot & Automation Co Days Inventory Calculation

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

Siasun Robot & Automation 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
=( (3601.194 + 3646.2) / 2 ) / 3415.926*365
=3623.697 / 3415.926*365
=387.20

Siasun Robot & Automation Co'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
=( (3723.256 + 3717.763) / 2 ) / 782.777*365 / 4
=3720.5095 / 782.777*365 / 4
=433.71

* 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.


Siasun Robot & Automation Co  (SZSE:300024) 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.

Siasun Robot & Automation Co'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.

Siasun Robot & Automation Co'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.


Siasun Robot & Automation Co Days Inventory Related Terms

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


Siasun Robot & Automation Co Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Jinhui street, Hunnan new district, Shenyang, CHN, 110168
Siasun Robot & Automation Co Ltd operates as a robotics company in China. It offers industrial, mobile, and service robots; electronics assembly systems; intelligent logistic, chassis assembly and marriage AGV, and spot welding systems; AS/RS systems; automated charging and swapping systems; and automated vertical warehouse systems.
Executives
Qu Dao Kui Director
Li Qing Jie Executives
Lu Zu Xiang Supervisors
Wang Hong Yu Directors, executives
Zhao Li Guo Directors, executives
Li Zheng Gang Executives
Bian Gui Shi Supervisors
Cao Ting Director
Jin Qing Feng Executives
Liang Bo Director
Gu Qun Supervisors
Shi Ze Lin Supervisors
Wang Yu Shan Supervisors
Cui Tong Director

Siasun Robot & Automation Co Headlines

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