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Zhengzhou Jiean Hi-tech Co (SZSE:300845) Days Inventory : 1,172.26 (As of Mar. 2025)


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What is Zhengzhou Jiean Hi-tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhengzhou Jiean Hi-tech Co's Average Total Inventories for the three months ended in Mar. 2025 was ¥143.8 Mil. Zhengzhou Jiean Hi-tech Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥11.2 Mil. Hence, Zhengzhou Jiean Hi-tech Co's Days Inventory for the three months ended in Mar. 2025 was 1,172.26.

The historical rank and industry rank for Zhengzhou Jiean Hi-tech Co's Days Inventory or its related term are showing as below:

SZSE:300845' s Days Inventory Range Over the Past 10 Years
Min: 108.97   Med: 206.31   Max: 299.69
Current: 277.37

During the past 13 years, Zhengzhou Jiean Hi-tech Co's highest Days Inventory was 299.69. The lowest was 108.97. And the median was 206.31.

SZSE:300845's Days Inventory is ranked worse than
94.9% of 1588 companies
in the Software industry
Industry Median: 20.475 vs SZSE:300845: 277.37

Zhengzhou Jiean Hi-tech Co's Days Inventory declined from Mar. 2024 (1,258.91) to Mar. 2025 (1,172.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhengzhou Jiean Hi-tech Co's Inventory Turnover for the three months ended in Mar. 2025 was 0.08.

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. Zhengzhou Jiean Hi-tech Co's Inventory-to-Revenue for the three months ended in Mar. 2025 was 5.77.


Zhengzhou Jiean Hi-tech Co Days Inventory Historical Data

The historical data trend for Zhengzhou Jiean Hi-tech 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.

Zhengzhou Jiean Hi-tech Co Days Inventory Chart

Zhengzhou Jiean Hi-tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.18 243.41 293.38 297.62 262.86

Zhengzhou Jiean Hi-tech 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 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 1,258.91 292.87 704.57 115.28 1,172.26

Competitive Comparison of Zhengzhou Jiean Hi-tech Co's Days Inventory

For the Software - Application subindustry, Zhengzhou Jiean Hi-tech 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.


Zhengzhou Jiean Hi-tech Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Zhengzhou Jiean Hi-tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhengzhou Jiean Hi-tech Co's Days Inventory falls into.


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Zhengzhou Jiean Hi-tech Co Days Inventory Calculation

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

Zhengzhou Jiean Hi-tech 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
=( (148.775 + 138.708) / 2 ) / 199.598*365
=143.7415 / 199.598*365
=262.86

Zhengzhou Jiean Hi-tech 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
=( (138.708 + 148.879) / 2 ) / 11.193*365 / 4
=143.7935 / 11.193*365 / 4
=1,172.26

* 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.


Zhengzhou Jiean Hi-tech Co  (SZSE:300845) 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.

Zhengzhou Jiean Hi-tech Co's Inventory Turnover for the three months ended in Mar. 2025 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.

Zhengzhou Jiean Hi-tech Co's Inventory to Revenue for the three months ended in Mar. 2025 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.


Zhengzhou Jiean Hi-tech Co Days Inventory Related Terms

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


Zhengzhou Jiean Hi-tech Co Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, No. 133 Science Avenue, High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Zhengzhou Jiean Hi-tech Co Ltd formerly, Zhengzhou J&T Hi-Tech Co Ltd is engaged in the development of multimedia technology and the application of three-dimensional digital virtual simulation technology in various industries. The company provides systematic professional virtual reality simulation design and training solutions, software development, system integration, microcomputer measurement and control and other multi-directional services.
Executives
Gao Zhi Sheng Directors, executives
Song Yang Executives
Zheng Le Guan Director
Zhang An Quan Director
Du Yan Qi Supervisors

Zhengzhou Jiean Hi-tech Co Headlines

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