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Wintao Communications Co (SZSE:301139) Days Inventory : 12.12 (As of Mar. 2024)


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What is Wintao Communications Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wintao Communications Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥49 Mil. Wintao Communications Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥369 Mil. Hence, Wintao Communications Co's Days Inventory for the three months ended in Mar. 2024 was 12.12.

The historical rank and industry rank for Wintao Communications Co's Days Inventory or its related term are showing as below:

SZSE:301139' s Days Inventory Range Over the Past 10 Years
Min: 2.4   Med: 5.65   Max: 22.27
Current: 22.27

During the past 9 years, Wintao Communications Co's highest Days Inventory was 22.27. The lowest was 2.40. And the median was 5.65.

SZSE:301139's Days Inventory is ranked worse than
55.74% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.135 vs SZSE:301139: 22.27

Wintao Communications Co's Days Inventory declined from Mar. 2023 (12.90) to Mar. 2024 (12.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wintao Communications Co's Inventory Turnover for the three months ended in Mar. 2024 was 7.53.

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. Wintao Communications Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Wintao Communications Co Days Inventory Historical Data

The historical data trend for Wintao Communications 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.

Wintao Communications Co Days Inventory Chart

Wintao Communications Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 5.54 2.40 4.38 5.76 7.95

Wintao Communications Co Quarterly Data
Dec17 Dec18 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 12.90 22.23 50.44 19.36 12.12

Competitive Comparison of Wintao Communications Co's Days Inventory

For the Telecom Services subindustry, Wintao Communications 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.


Wintao Communications Co's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Wintao Communications Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wintao Communications Co's Days Inventory falls into.



Wintao Communications Co Days Inventory Calculation

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

Wintao Communications Co'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
=( (31.438 + 34.37) / 2 ) / 1511.45*365
=32.904 / 1511.45*365
=7.95

Wintao Communications Co'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
=( (34.37 + 63.714) / 2 ) / 369.247*365 / 4
=49.042 / 369.247*365 / 4
=12.12

* 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.


Wintao Communications Co  (SZSE:301139) 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.

Wintao Communications Co'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.

Wintao Communications Co'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.


Wintao Communications Co Days Inventory Related Terms

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


Wintao Communications Co (SZSE:301139) Business Description

Traded in Other Exchanges
N/A
Address
No. 567, Dongrong Street, North District, Urumqi High-tech Industrial Development Zone, 10th Floor, South Tower, High-tech Talent Building, Uygur Autonomous Region, Xinjiang, CHN, 830013
Wintao Communications Co Ltd is a communication technology service provider. It offers communication network maintenance and optimization and communication network construction.

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