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Shanghai Huaming Intelligent Terminal Equipment Co (SZSE:300462) Days Inventory : 273.49 (As of Mar. 2024)


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What is Shanghai Huaming Intelligent Terminal Equipment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Huaming Intelligent Terminal Equipment Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥374.5 Mil. Shanghai Huaming Intelligent Terminal Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥124.9 Mil. Hence, Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 273.49.

The historical rank and industry rank for Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory or its related term are showing as below:

SZSE:300462' s Days Inventory Range Over the Past 10 Years
Min: 266.53   Med: 463.99   Max: 531.72
Current: 368.56

During the past 13 years, Shanghai Huaming Intelligent Terminal Equipment Co's highest Days Inventory was 531.72. The lowest was 266.53. And the median was 463.99.

SZSE:300462's Days Inventory is ranked worse than
92.95% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs SZSE:300462: 368.56

Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory declined from Mar. 2023 (279.72) to Mar. 2024 (273.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Huaming Intelligent Terminal Equipment Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.33.

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. Shanghai Huaming Intelligent Terminal Equipment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.32.


Shanghai Huaming Intelligent Terminal Equipment Co Days Inventory Historical Data

The historical data trend for Shanghai Huaming Intelligent Terminal Equipment 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.

Shanghai Huaming Intelligent Terminal Equipment Co Days Inventory Chart

Shanghai Huaming Intelligent Terminal Equipment 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 266.53 394.67 463.45 352.20 351.21

Shanghai Huaming Intelligent Terminal Equipment 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 279.72 477.14 387.30 395.20 273.49

Competitive Comparison of Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Shanghai Huaming Intelligent Terminal Equipment 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.


Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Huaming Intelligent Terminal Equipment Co's Days Inventory falls into.



Shanghai Huaming Intelligent Terminal Equipment Co Days Inventory Calculation

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

Shanghai Huaming Intelligent Terminal Equipment 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
=( (398.492 + 395.27) / 2 ) / 412.462*365
=396.881 / 412.462*365
=351.21

Shanghai Huaming Intelligent Terminal Equipment 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
=( (395.27 + 353.701) / 2 ) / 124.946*365 / 4
=374.4855 / 124.946*365 / 4
=273.49

* 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.


Shanghai Huaming Intelligent Terminal Equipment Co  (SZSE:300462) 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.

Shanghai Huaming Intelligent Terminal Equipment 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.

Shanghai Huaming Intelligent Terminal Equipment 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.


Shanghai Huaming Intelligent Terminal Equipment Co Days Inventory Related Terms

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


Shanghai Huaming Intelligent Terminal Equipment Co (SZSE:300462) Business Description

Traded in Other Exchanges
N/A
Address
No.895 Rongmei Road, Rongbei Industrial Estate, Songjiang District, Shanghai, CHN, 201613
Shanghai Huaming Intelligent Terminal Equipment Co Ltd is engaged in the research and development, manufacture and selling of AFC equipment of Metro Rail Transit, Bus Rapid Transit (BRT), Bus Station and relevant fields likewise and provide technical service support. The company provides a variety of series of products, including Ticket Vending Machine (TVM), Automatic Gate Machine (AGM), Ticket Checking Machine (TCM), Add Value Machine (AVM), Booking Office Machine (BOM) and Encoder/ Sorter (ES).
Executives
Cai Hong Mei Directors, executives
Lu Ying Executives
Xie Gen Fang Director
Xu Jian Ping Executives
Jin Xiao Jun Supervisors
Zhang Liang Directors, executives
Gao Bin Supervisors

Shanghai Huaming Intelligent Terminal Equipment Co (SZSE:300462) Headlines

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