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Synthesis Electronic Technology Co (SZSE:300479) Days Inventory : 1,474.17 (As of Mar. 2024)


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What is Synthesis Electronic Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synthesis Electronic Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥277.4 Mil. Synthesis Electronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥17.2 Mil. Hence, Synthesis Electronic Technology Co's Days Inventory for the three months ended in Mar. 2024 was 1,474.17.

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

SZSE:300479' s Days Inventory Range Over the Past 10 Years
Min: 73.3   Med: 178.1   Max: 342.45
Current: 342.45

During the past 13 years, Synthesis Electronic Technology Co's highest Days Inventory was 342.45. The lowest was 73.30. And the median was 178.10.

SZSE:300479's Days Inventory is ranked worse than
92.03% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs SZSE:300479: 342.45

Synthesis Electronic Technology Co's Days Inventory increased from Mar. 2023 (203.49) to Mar. 2024 (1,474.17). It might indicate that Synthesis Electronic Technology Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synthesis Electronic Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.06.

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. Synthesis Electronic Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 13.78.


Synthesis Electronic Technology Co Days Inventory Historical Data

The historical data trend for Synthesis Electronic 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.

Synthesis Electronic Technology Co Days Inventory Chart

Synthesis Electronic 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 174.19 229.38 224.87 213.40 273.91

Synthesis Electronic 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 203.49 432.18 298.22 156.37 1,474.17

Competitive Comparison of Synthesis Electronic Technology Co's Days Inventory

For the Business Equipment & Supplies subindustry, Synthesis Electronic 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.


Synthesis Electronic Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synthesis Electronic Technology Co's Days Inventory distribution charts can be found below:

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



Synthesis Electronic Technology Co Days Inventory Calculation

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

Synthesis Electronic 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
=( (146.371 + 252.256) / 2 ) / 265.597*365
=199.3135 / 265.597*365
=273.91

Synthesis Electronic 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
=( (252.256 + 302.615) / 2 ) / 17.173*365 / 4
=277.4355 / 17.173*365 / 4
=1,474.17

* 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.


Synthesis Electronic Technology Co  (SZSE:300479) 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.

Synthesis Electronic 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.

Synthesis Electronic 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.


Synthesis Electronic Technology Co Days Inventory Related Terms

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


Synthesis Electronic Technology Co (SZSE:300479) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone, Shunhua Road, No. 699 Spiritual Technology Park, Jinan, CHN, 250101
Synthesis Electronic Technology Co Ltd is engaged in developing, producing, selling and servicing smart Identity authentication terminals and industrial application software. The solutions developed have been put into batch commercial application in banking, public security, communication, social security, and medical care. The company is also into data and cloud computing services.
Executives
Zang Xue Li Directors, executives
Min Wan Li Director
Yan Long Director
Ding Xin Directors, executives
Li Hong Yu Directors, executives
Wang Ji Chun Director
Sun Jian Wei Supervisors
Guan Hua Jian Directors, executives

Synthesis Electronic Technology Co (SZSE:300479) Headlines

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