Zkteco Co (SZSE:301330) Days Inventory : 136.82 (As of Jun. 2024)

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What is Zkteco Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zkteco Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥380 Mil. Zkteco Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥253 Mil. Hence, Zkteco Co's Days Inventory for the three months ended in Jun. 2024 was 136.82.

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

SZSE:301330' s Days Inventory Range Over the Past 10 Years
Min: 97.34 Med: 118.24 Max: 136
Current: 136

During the past 7 years, Zkteco Co's highest Days Inventory was 136.00. The lowest was 97.34. And the median was 118.24.

SZSE:301330's Days Inventory is ranked worse than
83.46% of 677 companies
in the Business Services industry
Industry Median: 28.72 vs SZSE:301330: 136.00

Zkteco Co's Days Inventory increased from Jun. 2023 (106.61) to Jun. 2024 (136.82). It might indicate that Zkteco Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zkteco Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.67.

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. Zkteco Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.75.

Zkteco Co Days Inventory Historical Data

The historical data trend for Zkteco 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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Zkteco Co Days Inventory Chart

Zkteco Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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112.25

118.24

122.82

132.30

131.47

Zkteco Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															106.61	118.01	127.90	171.68	136.82

Competitive Comparison of Zkteco Co's Days Inventory

For the Security & Protection Services subindustry, Zkteco 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.

Zkteco Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zkteco Co's Days Inventory distribution charts can be found below:

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

Zkteco Co Days Inventory Calculation

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

Zkteco 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
=	( (348.281	+	372.715)	/	2 )	/	1000.869	*	365
=	360.498					/	1000.869	*	365
=	131.47

Zkteco Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (384.036	+	375.224)	/	2 )	/	253.185	*	365 / 4
=	379.63					/	253.185	*	365 / 4
=	136.82

Zkteco Co (SZSE:301330) 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.

Zkteco Co's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	253.185	/	379.63
	=	0.67

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.

Zkteco Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	379.63	/	503.425
	=	0.75

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.

Zkteco Co Days Inventory Related Terms

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

Zkteco Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zkteco Co Ltd (SZSE:301330) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 32, Pingshan Industrial Road, Tangxia Town, Guangdong Province, Dongguan, CHN, 523710

Website

https://www.zkteco.com

Zkteco Co Ltd provides smart access management, smart identity verification, smart office products and solutions.

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