The historical rank and industry rank for Zhongfu Information's Days Inventory or its related term are showing as below:
SZSE:300659'
s Days Inventory Range Over the Past 10 Years
Min: 58.79 Med: 83.55 Max: 172.68
Current: 104.31
During the past 12 years, Zhongfu Information's highest Days Inventory was 172.68. The lowest was 58.79. And the median was 83.55.
SZSE:300659's Days Inventory is ranked worse than 80.47% of 1562
companies
in the Software industry
Industry Median: 18.835
vs SZSE:300659: 104.31
Zhongfu Information's Days Inventory
declined
from Mar. 2023 (225.04) to Mar. 2024 (161.20).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhongfu Information's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.57.
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.
Zhongfu Information's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.73.
Zhongfu Information Days Inventory Historical Data
The historical data trend for Zhongfu Information'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.
Competitive Comparison of Zhongfu Information's Days Inventory
For the Software - Infrastructure subindustry, Zhongfu Information'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.
Zhongfu Information's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Zhongfu Information's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zhongfu Information's Days Inventory falls into.
Zhongfu Information Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Zhongfu Information's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Zhongfu Information (SZSE:300659) 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.
Zhongfu Information'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.
Zhongfu Information'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.
Zhongfu Information Days Inventory Related Terms
Thank you for viewing the detailed overview of Zhongfu Information's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhongfu Information (SZSE:300659) Business Description
Zhongfu Information Inc is a provider of network and information security solutions. It specializes in information security technology and product development, sales and providing industry solutions and security services. The company offers security solutions, password application solutions and public safety solutions. Security solutions include information security and confidentiality management, network information one-way data transmission, and integrated business information management solutions. Password application solution comprises electronic business license and mobile billing. Public safety solutions consist of the public opinion warning application, visual intelligence analysis, and public security synthetic combat platform.
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