TJK Intelligent Equipment Manufacturing (Tianjin) Co (SZSE:300823) Days Inventory : 451.50 (As of Mar. 2025)

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What is TJK Intelligent Equipment Manufacturing (Tianjin) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TJK Intelligent Equipment Manufacturing (Tianjin) Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥232.5 Mil. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥47.0 Mil. Hence, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory for the three months ended in Mar. 2025 was 451.50.

The historical rank and industry rank for TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory or its related term are showing as below:

SZSE:300823' s Days Inventory Range Over the Past 10 Years
Min: 184.53 Med: 291.47 Max: 347.04
Current: 347.04

During the past 13 years, TJK Intelligent Equipment Manufacturing (Tianjin) Co's highest Days Inventory was 347.04. The lowest was 184.53. And the median was 291.47.

SZSE:300823's Days Inventory is ranked worse than
92.53% of 2920 companies
in the Industrial Products industry
Industry Median: 121.295 vs SZSE:300823: 347.04

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory increased from Mar. 2024 (389.00) to Mar. 2025 (451.50). It might indicate that TJK Intelligent Equipment Manufacturing (Tianjin) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.20.

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. TJK Intelligent Equipment Manufacturing (Tianjin) Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 3.30.

TJK Intelligent Equipment Manufacturing (Tianjin) Co Days Inventory Historical Data

The historical data trend for TJK Intelligent Equipment Manufacturing (Tianjin) 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.

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TJK Intelligent Equipment Manufacturing (Tianjin) Co Days Inventory Chart

TJK Intelligent Equipment Manufacturing (Tianjin) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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283.55

299.55

303.53

323.36

324.40

TJK Intelligent Equipment Manufacturing (Tianjin) Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Inventory	Get a 7-Day Free Trial															389.00	400.33	323.44	265.43	451.50

Competitive Comparison of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory

For the Specialty Industrial Machinery subindustry, TJK Intelligent Equipment Manufacturing (Tianjin) 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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory falls into.

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TJK Intelligent Equipment Manufacturing (Tianjin) Co Days Inventory Calculation

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

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (247.323	+	228)	/	2 )	/	267.408	*	365
=	237.6615					/	267.408	*	365
=	324.40

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

	Days Inventory (Q: Mar. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (228	+	236.965)	/	2 )	/	46.986	*	365 / 4
=	232.4825					/	46.986	*	365 / 4
=	451.50

TJK Intelligent Equipment Manufacturing (Tianjin) Co (SZSE:300823) 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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.986	/	232.4825
	=	0.20

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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	232.4825	/	70.53
	=	3.30

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.

TJK Intelligent Equipment Manufacturing (Tianjin) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of TJK Intelligent Equipment Manufacturing (Tianjin) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

TJK Intelligent Equipment Manufacturing (Tianjin) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd (SZSE:300823) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408

Website

https://www.tjkmachinery.com

TJK Intelligent Equipment Manufacturing (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

Executives

Chen Zhen Sheng

Director

TJK Intelligent Equipment Manufacturing (Tianjin) Co Headlines

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