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CircuTech International Holdings (CircuTech International Holdings) Days Inventory : 0.68 (As of Dec. 2023)


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What is CircuTech International Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CircuTech International Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0.07 Mil. CircuTech International Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.73 Mil. Hence, CircuTech International Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.68.

The historical rank and industry rank for CircuTech International Holdings's Days Inventory or its related term are showing as below:

TLYYF' s Days Inventory Range Over the Past 10 Years
Min: 2.8   Med: 61.62   Max: 212.18
Current: 2.72

During the past 13 years, CircuTech International Holdings's highest Days Inventory was 212.18. The lowest was 2.80. And the median was 61.62.

TLYYF's Days Inventory is ranked better than
83.48% of 684 companies
in the Business Services industry
Industry Median: 28.22 vs TLYYF: 2.72

CircuTech International Holdings's Days Inventory declined from Dec. 2022 (10.37) to Dec. 2023 (0.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. CircuTech International Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 135.15.

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. CircuTech International Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


CircuTech International Holdings Days Inventory Historical Data

The historical data trend for CircuTech International Holdings'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.

CircuTech International Holdings Days Inventory Chart

CircuTech International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.47 33.56 49.51 30.45 2.81

CircuTech International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.37 14.31 7.58 2.18 0.68

Competitive Comparison of CircuTech International Holdings's Days Inventory

For the Security & Protection Services subindustry, CircuTech International Holdings'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.


CircuTech International Holdings's Days Inventory Distribution in the Business Services Industry

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

* The bar in red indicates where CircuTech International Holdings's Days Inventory falls into.



CircuTech International Holdings Days Inventory Calculation

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

CircuTech International Holdings'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
=( (0.201 + 0.072) / 2 ) / 17.714*365
=0.1365 / 17.714*365
=2.81

CircuTech International Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0.072) / 1 ) / 9.731*365 / 4
=0.072 / 9.731*365 / 4
=0.68

* 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.


CircuTech International Holdings  (GREY:TLYYF) 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.

CircuTech International Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

CircuTech International Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


CircuTech International Holdings Days Inventory Related Terms

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


CircuTech International Holdings (CircuTech International Holdings) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. It operates its business in Asia, Europe, Africa, North America, and others. Its segments of the company are Sales and distribution of IT products and Repairs and service support. Sales and distribution of IT products business segment designs, manufactures, and markets video surveillance systems and distributes third-party IT products. Geographically, it derives the majority of its revenue from Hong Kong.

CircuTech International Holdings (CircuTech International Holdings) Headlines

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