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Hangzhou CNCR-IT Co (SZSE:300250) Days Inventory : 175.44 (As of Sep. 2024)


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What is Hangzhou CNCR-IT Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou CNCR-IT Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥53.4 Mil. Hangzhou CNCR-IT Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥27.8 Mil. Hence, Hangzhou CNCR-IT Co's Days Inventory for the three months ended in Sep. 2024 was 175.44.

The historical rank and industry rank for Hangzhou CNCR-IT Co's Days Inventory or its related term are showing as below:

SZSE:300250' s Days Inventory Range Over the Past 10 Years
Min: 88.88   Med: 119.83   Max: 193.55
Current: 107.85

During the past 13 years, Hangzhou CNCR-IT Co's highest Days Inventory was 193.55. The lowest was 88.88. And the median was 119.83.

SZSE:300250's Days Inventory is ranked worse than
54.96% of 2391 companies
in the Hardware industry
Industry Median: 97.01 vs SZSE:300250: 107.85

Hangzhou CNCR-IT Co's Days Inventory increased from Sep. 2023 (149.26) to Sep. 2024 (175.44). It might indicate that Hangzhou CNCR-IT Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou CNCR-IT 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. Hangzhou CNCR-IT Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.84.


Hangzhou CNCR-IT Co Days Inventory Historical Data

The historical data trend for Hangzhou CNCR-IT 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.

Hangzhou CNCR-IT Co Days Inventory Chart

Hangzhou CNCR-IT 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 104.16 120.67 132.67 118.99 115.71

Hangzhou CNCR-IT 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 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 149.26 54.90 96.36 206.54 175.44

Competitive Comparison of Hangzhou CNCR-IT Co's Days Inventory

For the Communication Equipment subindustry, Hangzhou CNCR-IT 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.


Hangzhou CNCR-IT Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou CNCR-IT Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou CNCR-IT Co's Days Inventory falls into.


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Hangzhou CNCR-IT Co Days Inventory Calculation

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

Hangzhou CNCR-IT 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
=( (65.994 + 40.638) / 2 ) / 168.186*365
=53.316 / 168.186*365
=115.71

Hangzhou CNCR-IT 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
=( (49.921 + 56.84) / 2 ) / 27.764*365 / 4
=53.3805 / 27.764*365 / 4
=175.44

* 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.


Hangzhou CNCR-IT Co  (SZSE:300250) 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.

Hangzhou CNCR-IT Co's Inventory Turnover for the three months ended in Sep. 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.

Hangzhou CNCR-IT Co's Inventory to Revenue for the three months ended in Sep. 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.


Hangzhou CNCR-IT Co Days Inventory Related Terms

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


Hangzhou CNCR-IT Co Business Description

Traded in Other Exchanges
N/A
Address
No. 259, IoT Street, Xixing Street, Binjiang District, Hangzhou, CHN, 310051
Hangzhou CNCR-IT Co Ltd is a Chinese company primarily engaged in the research and development of information access solutions, as well as the research, development, production, and sale of corresponding equipment. Its products are divided into four categories, being Triple Play Access Production, RF Microwave Passive Components, IoT Access Production, and Multi-service Access Enterprise Gateway. The company sells its products in China and other international countries. The product portfolio of the company includes EOC master series, attenuator, combiner, GPON, EPON, IPRAN terminal device, power splitter, hybrid coupler, and others.
Executives
Wang Min Executives
Cheng Tao Mu Director
Jin Ning Directors, executives
Hong Ai Jin Director
Li Hong Wei Director
Yan Si En Independent director
Jin Lan Directors, executives
Chen Zhu Yao Director
Gong Yong Xing Executives
Che Xin Yi Executives
Yin Yan Dong Executives
Yang Gui Fei Executives
Wang Li Cheng Supervisors
Zhou Liang Executives
Zheng Wei Rong Securities Affairs Representative

Hangzhou CNCR-IT Co Headlines

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