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Cubic Digital Technology Co (SZSE:300344) Days Inventory : 78.72 (As of Sep. 2024)


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What is Cubic Digital Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cubic Digital Technology Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥57.9 Mil. Cubic Digital Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥67.1 Mil. Hence, Cubic Digital Technology Co's Days Inventory for the three months ended in Sep. 2024 was 78.72.

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

SZSE:300344' s Days Inventory Range Over the Past 10 Years
Min: 36.52   Med: 155.55   Max: 570.71
Current: 95.17

During the past 13 years, Cubic Digital Technology Co's highest Days Inventory was 570.71. The lowest was 36.52. And the median was 155.55.

SZSE:300344's Days Inventory is ranked worse than
68.21% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs SZSE:300344: 95.17

Cubic Digital Technology Co's Days Inventory declined from Sep. 2023 (210.16) to Sep. 2024 (78.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cubic Digital Technology Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.16.

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. Cubic Digital Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.80.


Cubic Digital Technology Co Days Inventory Historical Data

The historical data trend for Cubic Digital 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.

Cubic Digital Technology Co Days Inventory Chart

Cubic Digital 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 124.18 94.53 36.52 67.03 161.40

Cubic Digital Technology 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 210.16 120.69 240.60 56.97 78.72

Competitive Comparison of Cubic Digital Technology Co's Days Inventory

For the Building Products & Equipment subindustry, Cubic Digital 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.


Cubic Digital Technology Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cubic Digital Technology Co's Days Inventory distribution charts can be found below:

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



Cubic Digital Technology Co Days Inventory Calculation

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

Cubic Digital 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
=( (74.564 + 70.616) / 2 ) / 164.159*365
=72.59 / 164.159*365
=161.40

Cubic Digital Technology 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
=( (58.523 + 57.251) / 2 ) / 67.1*365 / 4
=57.887 / 67.1*365 / 4
=78.72

* 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.


Cubic Digital Technology Co  (SZSE:300344) 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.

Cubic Digital Technology 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.

Cubic Digital Technology 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.


Cubic Digital Technology Co Days Inventory Related Terms

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


Cubic Digital Technology Co Business Description

Traded in Other Exchanges
N/A
Address
12th Floor, Building 3, No. 1, Zhonghe Road, Fengtai District, Qiaonan, Beijing, CHN, 100070
Cubic Digital Technology Co Ltd formerly Taikong Intelligent Construction Co Ltd is a China based company operates in the construction industry. It is committed to intelligent construction services, technology development, technical services, technology transfer, engineering technology consulting and system integration; software development and technical services. The product offered by the group include Composite core roof panel, Grid plate, Light board, 9m column distance, Industrial wall panel and others.
Executives
Li Zheng Chao Executives
Fan Li Directors, executives
Fan Zhi Director
Zhao Huan Supervisors
Lu Geng Sheng Executives
Wang Quan Directors, executives
Qian Wei Hua Executives
Yang Kun Supervisors
Zhang Zuo Ling Executives

Cubic Digital Technology Co Headlines

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