WXT (Wuxin Technology Holdings) Days Inventory: 33.39 (As of Dec. 2021)


What is Wuxin Technology Holdings Days Inventory?

Wuxin Technology Holdings WXT Days Inventory is 33.39 as of Dec. 2021.

Days Inventory is also known as Days Sales of Inventory (DSI). Wuxin Technology Holdings's Average Total Inventories for the three months ended in Dec. 2021 was $5.32 Mil. Wuxin Technology Holdings's Cost of Goods Sold for the three months ended in Dec. 2021 was $14.54 Mil. Hence, Wuxin Technology Holdings's Days Inventory for the three months ended in Dec. 2021 was 33.39.

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

WXT's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 94.29
* Ranked among companies with meaningful Days Inventory only.

Wuxin Technology Holdings's Days Inventory increased from . 20 (0.00) to Dec. 2021 (33.39). It might indicate that Wuxin Technology Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuxin Technology Holdings's Inventory Turnover for the three months ended in Dec. 2021 was 2.73.

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. Wuxin Technology Holdings's Inventory-to-Revenue for the three months ended in Dec. 2021 was 0.21.

Wuxin Technology Holdings  (NAS:WXT) 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.

Wuxin Technology Holdings's Inventory Turnover for the three months ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=14.54 / 5.321
=2.73

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.

Wuxin Technology Holdings's Inventory to Revenue for the three months ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.321 / 25.858
=0.21

* 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.

Wuxin Technology Holdings Days Inventory Related Terms

Wuxin Technology Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Wuxin Technology 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.

Wuxin Technology Holdings Days Inventory Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Days Inventory
51.88 41.98

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Days Inventory 0.00 20.33 21.51 33.39

WXT vs : Days Inventory Comparison

For the Communication Equipment subindustry, Wuxin Technology 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.

Wuxin Technology Holdings Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Wuxin Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wuxin Technology Holdings's Days Inventory falls into.


Wuxin Technology Holdings Days Inventory Calculation

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

Wuxin Technology Holdings's Days Inventory for the fiscal year that ended in Jun. 2021 is calculated as

Days Inventory (A: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (3.123 + 4.227) / 2 ) / 31.952*365
=3.675 / 31.952*365
=41.98

Wuxin Technology Holdings's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (4.227 + 6.415) / 2 ) / 14.54*365 / 4
=5.321 / 14.54*365 / 4
=33.39

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 33.39 mean?
Wuxin Technology Holdings (WXT) has a Days Inventory of 33.39 as of Dec. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Days Inventory too high?
Wuxin Technology Holdings' current Days Inventory is 33.39. The Hardware industry median Days Inventory is 94.29. Wuxin Technology Holdings' value of 33.39 is 64.6% below this industry median.
How does Wuxin Technology Holdings' Days Inventory compare to ?
Wuxin Technology Holdings' Days Inventory of 33.39 can be compared against companies in the Hardware industry. The industry median Days Inventory is 94.29. Wuxin Technology Holdings' value of 33.39 is 64.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,415 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wuxin Technology Holdings's current Days Inventory of 33.39 is 64.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Wuxin Technology Holdings and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxin Technology Holdings's current Days Inventory is 33.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Days Inventory of 33.39. The current Days Inventory is 33.39 and 64.6% below the Hardware industry median of 94.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current Days Inventory is 33.39 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.