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Shenzhen Ampron Technology Co (SZSE:301413) Days Inventory : 143.79 (As of Mar. 2024)


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What is Shenzhen Ampron Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Ampron Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥202.0 Mil. Shenzhen Ampron Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥128.2 Mil. Hence, Shenzhen Ampron Technology Co's Days Inventory for the three months ended in Mar. 2024 was 143.79.

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

SZSE:301413' s Days Inventory Range Over the Past 10 Years
Min: 117.87   Med: 142.28   Max: 148.33
Current: 137.86

During the past 6 years, Shenzhen Ampron Technology Co's highest Days Inventory was 148.33. The lowest was 117.87. And the median was 142.28.

SZSE:301413's Days Inventory is ranked worse than
64.43% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs SZSE:301413: 137.86

Shenzhen Ampron Technology Co's Days Inventory declined from Mar. 2023 (166.86) to Mar. 2024 (143.79).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Ampron Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.63.

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. Shenzhen Ampron Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.10.


Shenzhen Ampron Technology Co Days Inventory Historical Data

The historical data trend for Shenzhen Ampron Technology 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.

Shenzhen Ampron Technology Co Days Inventory Chart

Shenzhen Ampron Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 117.87 147.40 141.85 148.33 142.70

Shenzhen Ampron Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 166.86 126.53 142.99 136.63 143.79

Competitive Comparison of Shenzhen Ampron Technology Co's Days Inventory

For the Electronic Components subindustry, Shenzhen Ampron Technology 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.


Shenzhen Ampron Technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Ampron Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Ampron Technology Co's Days Inventory falls into.



Shenzhen Ampron Technology Co Days Inventory Calculation

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

Shenzhen Ampron Technology 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
=( (198.315 + 199.659) / 2 ) / 508.97*365
=198.987 / 508.97*365
=142.70

Shenzhen Ampron Technology 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
=( (199.659 + 204.313) / 2 ) / 128.182*365 / 4
=201.986 / 128.182*365 / 4
=143.79

* 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.


Shenzhen Ampron Technology Co  (SZSE:301413) 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.

Shenzhen Ampron Technology 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.

Shenzhen Ampron Technology 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.


Shenzhen Ampron Technology Co Days Inventory Related Terms

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


Shenzhen Ampron Technology Co (SZSE:301413) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1 Juyuan Road, Kengzi Street, Room 201, Building 1A/1B/2, Ampelon Intelligent Sensor Industrial Park, Jinsha Community, Pingshan, Guangdong, Shenzhen City, CHN
Shenzhen Ampron Technology Co Ltd is engaged in engaged in research & development, manufacturing, sales and service of sensors. Its products include pressure sensors, oxygen sensors, etc. Sensors, temperature sensors, PTC thermistors, NTC thermistors, etc. The products are widely used in automobiles, smart homes, smart medical care, Internet of Things, consumer electronics, aerospace, industrial control and other fields.

Shenzhen Ampron Technology Co (SZSE:301413) Headlines

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