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Beijing Jetsen Technology Co (SZSE:300182) Days Inventory : 62.73 (As of Mar. 2024)


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What is Beijing Jetsen Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Jetsen Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥329 Mil. Beijing Jetsen Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥479 Mil. Hence, Beijing Jetsen Technology Co's Days Inventory for the three months ended in Mar. 2024 was 62.73.

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

SZSE:300182' s Days Inventory Range Over the Past 10 Years
Min: 44.74   Med: 79.94   Max: 112.15
Current: 62.77

During the past 13 years, Beijing Jetsen Technology Co's highest Days Inventory was 112.15. The lowest was 44.74. And the median was 79.94.

SZSE:300182's Days Inventory is ranked worse than
70.94% of 1559 companies
in the Software industry
Industry Median: 19.18 vs SZSE:300182: 62.77

Beijing Jetsen Technology Co's Days Inventory declined from Mar. 2023 (66.38) to Mar. 2024 (62.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Jetsen Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.45.

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 Jetsen Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Beijing Jetsen Technology Co Days Inventory Historical Data

The historical data trend for Beijing Jetsen 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.

Beijing Jetsen Technology Co Days Inventory Chart

Beijing Jetsen 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 111.20 112.15 59.18 44.74 60.58

Beijing Jetsen Technology 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 66.38 61.12 90.80 49.60 62.73

Competitive Comparison of Beijing Jetsen Technology Co's Days Inventory

For the Information Technology Services subindustry, Beijing Jetsen 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.


Beijing Jetsen Technology Co's Days Inventory Distribution in the Software Industry

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

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



Beijing Jetsen Technology Co Days Inventory Calculation

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

Beijing Jetsen 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
=( (314.431 + 322.311) / 2 ) / 1918.309*365
=318.371 / 1918.309*365
=60.58

Beijing Jetsen Technology 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
=( (322.311 + 336.129) / 2 ) / 478.917*365 / 4
=329.22 / 478.917*365 / 4
=62.73

* 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 Jetsen Technology Co  (SZSE:300182) 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 Jetsen Technology 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 Jetsen Technology 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 Jetsen Technology Co Days Inventory Related Terms

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


Beijing Jetsen Technology Co (SZSE:300182) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Zhichun Road, 7th Floor, International Building, 7/F Xueyuan International Tower, Haidian District, Beijing, CHN
Beijing Jetsen Technology Co Ltd is engaged in the design, development, and implementation of the overall audio and video solutions. It mainly focuses on the broadcasting industry.
Executives
Mi Xin Director
Xu Zi Quan Director
Jing Cuo Executives
Wang You Song Independent director
Han Sheng Li Director
Chen Tong Gang Directors, executives
Zhang Wen Ju Executives
Han Gang Director
Shen Gang Executives
Yuan Fang Securities Affairs Representative
Yue Yang Director
Zhuang Bing Executives
Xue Jun Feng Director
Wei Ming Yue Supervisors
Wang Xiao Bin Executives

Beijing Jetsen Technology Co (SZSE:300182) Headlines

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