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Beijing Beetech (SZSE:300667) Days Inventory : 236.89 (As of Mar. 2024)


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What is Beijing Beetech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Beetech's Average Total Inventories for the three months ended in Mar. 2024 was ¥275.8 Mil. Beijing Beetech's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥106.2 Mil. Hence, Beijing Beetech's Days Inventory for the three months ended in Mar. 2024 was 236.89.

The historical rank and industry rank for Beijing Beetech's Days Inventory or its related term are showing as below:

SZSE:300667' s Days Inventory Range Over the Past 10 Years
Min: 119.82   Med: 164.26   Max: 222.02
Current: 187.75

During the past 12 years, Beijing Beetech's highest Days Inventory was 222.02. The lowest was 119.82. And the median was 164.26.

SZSE:300667's Days Inventory is ranked worse than
72.93% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:300667: 187.75

Beijing Beetech's Days Inventory increased from Mar. 2023 (185.29) to Mar. 2024 (236.89). It might indicate that Beijing Beetech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Beetech's Inventory Turnover for the three months ended in Mar. 2024 was 0.39.

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. Beijing Beetech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.76.


Beijing Beetech Days Inventory Historical Data

The historical data trend for Beijing Beetech'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.

Beijing Beetech Days Inventory Chart

Beijing Beetech 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 156.82 144.50 168.03 222.02 173.13

Beijing Beetech 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 185.29 196.02 271.02 121.68 236.89

Competitive Comparison of Beijing Beetech's Days Inventory

For the Electrical Equipment & Parts subindustry, Beijing Beetech'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.


Beijing Beetech's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Beetech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Beetech's Days Inventory falls into.



Beijing Beetech Days Inventory Calculation

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

Beijing Beetech'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
=( (298.561 + 263.134) / 2 ) / 592.107*365
=280.8475 / 592.107*365
=173.13

Beijing Beetech'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
=( (263.134 + 288.461) / 2 ) / 106.236*365 / 4
=275.7975 / 106.236*365 / 4
=236.89

* 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.


Beijing Beetech  (SZSE:300667) 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.

Beijing Beetech'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.

Beijing Beetech'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.


Beijing Beetech Days Inventory Related Terms

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


Beijing Beetech (SZSE:300667) Business Description

Traded in Other Exchanges
N/A
Address
Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085
Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.
Executives
Zhang Zhi Tao Executives
Ding Liang Cheng Director
Xu Feng Directors, executives
Dai Xiao Ning Directors, executives
Shen Wei Zhen Executives
Chen De Min Supervisors
Deng Yan Qing Executives
Tang Zhi Bin Directors, executives
He Lei Director
Gong Dao Yong Director

Beijing Beetech (SZSE:300667) Headlines

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