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Client Service International (SZSE:300663) Days Inventory : 352.01 (As of Mar. 2024)


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What is Client Service International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Client Service International's Average Total Inventories for the three months ended in Mar. 2024 was ¥617 Mil. Client Service International's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥160 Mil. Hence, Client Service International's Days Inventory for the three months ended in Mar. 2024 was 352.01.

The historical rank and industry rank for Client Service International's Days Inventory or its related term are showing as below:

SZSE:300663' s Days Inventory Range Over the Past 10 Years
Min: 71.12   Med: 138.14   Max: 291.42
Current: 291.42

During the past 12 years, Client Service International's highest Days Inventory was 291.42. The lowest was 71.12. And the median was 138.14.

SZSE:300663's Days Inventory is ranked worse than
94.68% of 1559 companies
in the Software industry
Industry Median: 18.99 vs SZSE:300663: 291.42

Client Service International's Days Inventory increased from Mar. 2023 (333.71) to Mar. 2024 (352.01). It might indicate that Client Service International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Client Service International's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. Client Service International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.48.


Client Service International Days Inventory Historical Data

The historical data trend for Client Service International'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.

Client Service International Days Inventory Chart

Client Service International 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 153.41 217.34 190.26 247.34 257.33

Client Service International 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 333.71 365.68 421.23 175.67 352.01

Competitive Comparison of Client Service International's Days Inventory

For the Software - Application subindustry, Client Service International'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.


Client Service International's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Client Service International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Client Service International's Days Inventory falls into.



Client Service International Days Inventory Calculation

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

Client Service International'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
=( (579.8 + 596.838) / 2 ) / 834.486*365
=588.319 / 834.486*365
=257.33

Client Service International'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
=( (596.838 + 637.27) / 2 ) / 159.955*365 / 4
=617.054 / 159.955*365 / 4
=352.01

* 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.


Client Service International  (SZSE:300663) 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.

Client Service International'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.

Client Service International'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.


Client Service International Days Inventory Related Terms

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


Client Service International (SZSE:300663) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Chaoyangmenwai Street, Fenglian Plaza Building, Room 1601, Building A, Chaoyang District, Beijing, CHN, 100176
Client Service International Inc is a Chinese high tech company engaged in providing software product application development and consulting services in the field of Bank IT. It offers products and solutions in the field of Internet finance series, E-banking series, Core business series and Online banking security series. In internet finance series, the company offers direct banking and financial open platform. Through e-banking series, the company offers solutions such as mobile banking system, online banking, and online mall system, among others.
Executives
Wang An Jing Directors, executives

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