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Winner Technology Co (SZSE:300609) Days Inventory : 191.68 (As of Mar. 2024)


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What is Winner Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winner Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥55.9 Mil. Winner Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥26.6 Mil. Hence, Winner Technology Co's Days Inventory for the three months ended in Mar. 2024 was 191.68.

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

SZSE:300609' s Days Inventory Range Over the Past 10 Years
Min: 92.38   Med: 110.37   Max: 221.52
Current: 113.49

During the past 12 years, Winner Technology Co's highest Days Inventory was 221.52. The lowest was 92.38. And the median was 110.37.

SZSE:300609's Days Inventory is ranked worse than
81.87% of 1561 companies
in the Software industry
Industry Median: 19.53 vs SZSE:300609: 113.49

Winner Technology Co's Days Inventory increased from Mar. 2023 (176.94) to Mar. 2024 (191.68). It might indicate that Winner Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Winner Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Winner Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


Winner Technology Co Days Inventory Historical Data

The historical data trend for Winner 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.

Winner Technology Co Days Inventory Chart

Winner 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 111.09 221.52 112.92 116.53 98.68

Winner 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 176.94 135.40 191.71 54.43 191.68

Competitive Comparison of Winner Technology Co's Days Inventory

For the Software - Application subindustry, Winner 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.


Winner Technology Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Winner Technology Co's Days Inventory distribution charts can be found below:

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



Winner Technology Co Days Inventory Calculation

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

Winner 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
=( (53.98 + 48.025) / 2 ) / 188.649*365
=51.0025 / 188.649*365
=98.68

Winner 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
=( (48.025 + 63.678) / 2 ) / 26.589*365 / 4
=55.8515 / 26.589*365 / 4
=191.68

* 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.


Winner Technology Co  (SZSE:300609) 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.

Winner 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.

Winner 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.


Winner Technology Co Days Inventory Related Terms

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


Winner Technology Co (SZSE:300609) Business Description

Traded in Other Exchanges
N/A
Address
Lane 55, Zhangjiang Chuanhe Road, No. 6, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201210
Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.
Executives
Sun Wei Min Directors, executives
Zhang Hong Jun Directors, executives
Guo Hong Wei Supervisors
Xue Hong Wei Director

Winner Technology Co (SZSE:300609) Headlines

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