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Beijing Aerospace Shenzhou Intelligent Equipment Technology Co (SZSE:300455) Days Inventory : 952.50 (As of Mar. 2024)


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What is Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,576 Mil. Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥151 Mil. Hence, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory for the three months ended in Mar. 2024 was 952.50.

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

SZSE:300455' s Days Inventory Range Over the Past 10 Years
Min: 156.4   Med: 249.25   Max: 535.37
Current: 535.37

During the past 13 years, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's highest Days Inventory was 535.37. The lowest was 156.40. And the median was 249.25.

SZSE:300455's Days Inventory is ranked worse than
97.26% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs SZSE:300455: 535.37

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory increased from Mar. 2023 (948.67) to Mar. 2024 (952.50). It might indicate that Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.10.

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 Aerospace Shenzhou Intelligent Equipment Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 7.72.


Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Inventory Historical Data

The historical data trend for Beijing Aerospace Shenzhou Intelligent Equipment 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 Aerospace Shenzhou Intelligent Equipment Technology Co Days Inventory Chart

Beijing Aerospace Shenzhou Intelligent Equipment 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 233.57 272.23 372.09 495.52 534.81

Beijing Aerospace Shenzhou Intelligent Equipment 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 948.67 587.36 556.19 341.83 952.50

Competitive Comparison of Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory

For the Scientific & Technical Instruments subindustry, Beijing Aerospace Shenzhou Intelligent Equipment 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 Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Aerospace Shenzhou Intelligent Equipment Technology Co's Days Inventory falls into.



Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Days Inventory Calculation

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

Beijing Aerospace Shenzhou Intelligent Equipment 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
=( (1697.06 + 1575.186) / 2 ) / 1116.631*365
=1636.123 / 1116.631*365
=534.81

Beijing Aerospace Shenzhou Intelligent Equipment 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
=( (1575.186 + 1576.272) / 2 ) / 150.956*365 / 4
=1575.729 / 150.956*365 / 4
=952.50

* 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 Aerospace Shenzhou Intelligent Equipment Technology Co  (SZSE:300455) 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 Aerospace Shenzhou Intelligent Equipment 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 Aerospace Shenzhou Intelligent Equipment 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 Aerospace Shenzhou Intelligent Equipment Technology Co Days Inventory Related Terms

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


Beijing Aerospace Shenzhou Intelligent Equipment Technology Co (SZSE:300455) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, 61 Zhichun Road, Haidian District, Beijing, CHN, 100190
Beijing Aerospace Shenzhou Intelligent Equipment Technology Co Ltd formerly Beijing Ctrowell Technology Corp Ltd is engaged in manufacturing railway vehicle safety detection technology.
Executives
Qin Qin Directors, executives
Yin Yan Chao Executives
Gong Mao Cai Executives
Nan Zhen Hui Executives
Nong Shi Meng Supervisors

Beijing Aerospace Shenzhou Intelligent Equipment Technology Co (SZSE:300455) Headlines

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