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Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Days Inventory : 174.71 (As of Sep. 2024)


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What is Transportation Telecommunication & Information Dev Zhejiang Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transportation Telecommunication & Information Dev Zhejiang's Average Total Inventories for the three months ended in Sep. 2024 was ¥118.9 Mil. Transportation Telecommunication & Information Dev Zhejiang's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥62.1 Mil. Hence, Transportation Telecommunication & Information Dev Zhejiang's Days Inventory for the three months ended in Sep. 2024 was 174.71.

The historical rank and industry rank for Transportation Telecommunication & Information Dev Zhejiang's Days Inventory or its related term are showing as below:

SZSE:300469' s Days Inventory Range Over the Past 10 Years
Min: 91.71   Med: 151.59   Max: 259.12
Current: 198.21

During the past 13 years, Transportation Telecommunication & Information Dev Zhejiang's highest Days Inventory was 259.12. The lowest was 91.71. And the median was 151.59.

SZSE:300469's Days Inventory is ranked worse than
89.84% of 679 companies
in the Business Services industry
Industry Median: 30.04 vs SZSE:300469: 198.21

Transportation Telecommunication & Information Dev Zhejiang's Days Inventory declined from Sep. 2023 (321.50) to Sep. 2024 (174.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Transportation Telecommunication & Information Dev Zhejiang'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. Transportation Telecommunication & Information Dev Zhejiang's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.57.


Transportation Telecommunication & Information Dev Zhejiang Days Inventory Historical Data

The historical data trend for Transportation Telecommunication & Information Dev Zhejiang'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.

Transportation Telecommunication & Information Dev Zhejiang Days Inventory Chart

Transportation Telecommunication & Information Dev Zhejiang 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 198.96 110.99 91.71 107.68 142.80

Transportation Telecommunication & Information Dev Zhejiang 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 321.50 101.96 645.28 310.16 174.71

Competitive Comparison of Transportation Telecommunication & Information Dev Zhejiang's Days Inventory

For the Specialty Business Services subindustry, Transportation Telecommunication & Information Dev Zhejiang'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.


Transportation Telecommunication & Information Dev Zhejiang's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Transportation Telecommunication & Information Dev Zhejiang's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transportation Telecommunication & Information Dev Zhejiang's Days Inventory falls into.


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Transportation Telecommunication & Information Dev Zhejiang Days Inventory Calculation

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

Transportation Telecommunication & Information Dev Zhejiang'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
=( (47.226 + 107.938) / 2 ) / 198.304*365
=77.582 / 198.304*365
=142.80

Transportation Telecommunication & Information Dev Zhejiang'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
=( (124.4 + 113.329) / 2 ) / 62.082*365 / 4
=118.8645 / 62.082*365 / 4
=174.71

* 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.


Transportation Telecommunication & Information Dev Zhejiang  (SZSE:300469) 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.

Transportation Telecommunication & Information Dev Zhejiang'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.

Transportation Telecommunication & Information Dev Zhejiang'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.


Transportation Telecommunication & Information Dev Zhejiang Days Inventory Related Terms

Thank you for viewing the detailed overview of Transportation Telecommunication & Information Dev Zhejiang's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Transportation Telecommunication & Information Dev Zhejiang Business Description

Traded in Other Exchanges
N/A
Address
No. 6011, Songze Avenue, Qingpu, Shanghai, CHN, 314050
Transportation Telecommunication & Information Dev Inc Ltd Zhejiang Formerly Trust Alliance Information Development Inc Ltd Shanghai is engaged in provision of information system development and services in the fields of archives, food circulation traceability, politics and law. It provides customers with related overall solutions such as information system planning consultation, software and hardware product development, system integration, operation maintenance and promotion.
Executives
Zhang Shu Hua Directors, executives
Liu Li Zhou Director
Li Zhi Qing Director
Xu Yun Wei Directors, executives
Yang An Rong Directors, executives
Zhang Ying Directors, executives
Chen Ruo Chu Supervisors

Transportation Telecommunication & Information Dev Zhejiang Headlines

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