GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan Golden Laser Co Ltd (SZSE:300220) » Definitions » Days Inventory

Wuhan Golden Laser Co (SZSE:300220) Days Inventory : 101.15 (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Wuhan Golden Laser Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wuhan Golden Laser Co's Average Total Inventories for the three months ended in Dec. 2024 was ¥61.1 Mil. Wuhan Golden Laser Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥55.1 Mil. Hence, Wuhan Golden Laser Co's Days Inventory for the three months ended in Dec. 2024 was 101.15.

The historical rank and industry rank for Wuhan Golden Laser Co's Days Inventory or its related term are showing as below:

SZSE:300220' s Days Inventory Range Over the Past 10 Years
Min: 113.99   Med: 228.83   Max: 358.18
Current: 117.7

During the past 13 years, Wuhan Golden Laser Co's highest Days Inventory was 358.18. The lowest was 113.99. And the median was 228.83.

SZSE:300220's Days Inventory is ranked better than
51.44% of 2924 companies
in the Industrial Products industry
Industry Median: 121.515 vs SZSE:300220: 117.70

Wuhan Golden Laser Co's Days Inventory declined from Dec. 2023 (127.82) to Dec. 2024 (101.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Golden Laser Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.90.

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. Wuhan Golden Laser Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.81.


Wuhan Golden Laser Co Days Inventory Historical Data

The historical data trend for Wuhan Golden Laser 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.

Wuhan Golden Laser Co Days Inventory Chart

Wuhan Golden Laser Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 263.63 174.73 194.35 126.27 113.99

Wuhan Golden Laser Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 127.82 117.36 128.86 131.33 101.15

Competitive Comparison of Wuhan Golden Laser Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Wuhan Golden Laser 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.


Wuhan Golden Laser Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Golden Laser Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wuhan Golden Laser Co's Days Inventory falls into.


;
;

Wuhan Golden Laser Co Days Inventory Calculation

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

Wuhan Golden Laser Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (64.525 + 56.639) / 2 ) / 193.987*365
=60.582 / 193.987*365
=113.99

Wuhan Golden Laser Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (65.501 + 56.639) / 2 ) / 55.091*365 / 4
=61.07 / 55.091*365 / 4
=101.15

* 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.


Wuhan Golden Laser Co  (SZSE:300220) 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.

Wuhan Golden Laser Co's Inventory Turnover for the three months ended in Dec. 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.

Wuhan Golden Laser Co's Inventory to Revenue for the three months ended in Dec. 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.


Wuhan Golden Laser Co Days Inventory Related Terms

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


Wuhan Golden Laser Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Shiqiao 1st Road, Houhu Street, Jiang'an District, Wuhan, CHN, 430012
Wuhan Golden Laser Co Ltd is engaged in the offering commercial application services. The company offers solutions in the field of 3D digital technology, lasers which include manufacture of laser intelligent equipment, cloud computing, and artificial intelligence.
Executives
Liang Ping Directors, executives
Li Jun Directors, executives
Liang Wei Directors, executives
Zhu Yi Ming Supervisors
Liang Fang Director
Wang Dan Mei Executives
Ai Jun Directors, executives
Zhang Tao Supervisors
Wu Tao Executives
Luo Ming Executives

Wuhan Golden Laser Co Headlines

No Headlines