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Suzhou TFC Optical Communications Co (SZSE:300394) Days Inventory : 68.68 (As of Mar. 2024)


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What is Suzhou TFC Optical Communications Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzhou TFC Optical Communications Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥245 Mil. Suzhou TFC Optical Communications Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥325 Mil. Hence, Suzhou TFC Optical Communications Co's Days Inventory for the three months ended in Mar. 2024 was 68.68.

The historical rank and industry rank for Suzhou TFC Optical Communications Co's Days Inventory or its related term are showing as below:

SZSE:300394' s Days Inventory Range Over the Past 10 Years
Min: 74   Med: 117.79   Max: 136.21
Current: 74

During the past 13 years, Suzhou TFC Optical Communications Co's highest Days Inventory was 136.21. The lowest was 74.00. And the median was 117.79.

SZSE:300394's Days Inventory is ranked better than
66.99% of 2408 companies
in the Hardware industry
Industry Median: 102.52 vs SZSE:300394: 74.00

Suzhou TFC Optical Communications Co's Days Inventory declined from Mar. 2023 (119.12) to Mar. 2024 (68.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou TFC Optical Communications Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.33.

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. Suzhou TFC Optical Communications Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.


Suzhou TFC Optical Communications Co Days Inventory Historical Data

The historical data trend for Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications Co Days Inventory Chart

Suzhou TFC Optical Communications 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 100.06 109.87 121.93 113.64 91.08

Suzhou TFC Optical Communications 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 119.12 90.98 79.06 68.95 68.68

Competitive Comparison of Suzhou TFC Optical Communications Co's Days Inventory

For the Communication Equipment subindustry, Suzhou TFC Optical Communications 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.


Suzhou TFC Optical Communications Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou TFC Optical Communications Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suzhou TFC Optical Communications Co's Days Inventory falls into.



Suzhou TFC Optical Communications Co Days Inventory Calculation

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

Suzhou TFC Optical Communications 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
=( (186.445 + 255.648) / 2 ) / 885.879*365
=221.0465 / 885.879*365
=91.08

Suzhou TFC Optical Communications 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
=( (255.648 + 234.285) / 2 ) / 325.486*365 / 4
=244.9665 / 325.486*365 / 4
=68.68

* 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.


Suzhou TFC Optical Communications Co  (SZSE:300394) 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.

Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications 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.


Suzhou TFC Optical Communications Co Days Inventory Related Terms

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Suzhou TFC Optical Communications Co (SZSE:300394) Business Description

Traded in Other Exchanges
N/A
Address
No. 695, Changjiang Road, High-new District, Jiangsu Province, Suzhou, CHN
Suzhou TFC Optical Communications Co Ltd is a fiber optical network connective component solution provider. It integrates Research and Development, production, and marketing of the products, which are widely used in telecom communication, data communication, and the Internet of things. Its products include Zirconia ceramics, CNC precision metal parts, Receptacles, Isolators, Fiber lenses, Fiber optic connectors, injection molding, and Optical fiber adaptors.

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