XHG (XChange Tec) Days Inventory : 0.00 (As of Sep. 2024)

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What is XChange Tec Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). XChange Tec's Average Total Inventories for the six months ended in Sep. 2024 was $0.00 Mil. XChange Tec's Cost of Goods Sold for the six months ended in Sep. 2024 was $28.60 Mil. Hence, XChange Tec's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

XHG's Days Inventory is not ranked ^*
in the Insurance industry.
Industry Median: 11.27
* Ranked among companies with meaningful Days Inventory only.

XChange Tec's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. XChange Tec's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.

XChange Tec Days Inventory Historical Data

The historical data trend for XChange Tec'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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XChange Tec Days Inventory Chart

XChange Tec Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Inventory

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XChange Tec Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of XChange Tec's Days Inventory

For the Insurance Brokers subindustry, XChange Tec'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.

XChange Tec's Days Inventory Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, XChange Tec's Days Inventory distribution charts can be found below:

* The bar in red indicates where XChange Tec's Days Inventory falls into.

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XChange Tec Days Inventory Calculation

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

XChange Tec's Days Inventory for the fiscal year that ended in Sep. 2024 is calculated as

	Days Inventory (A: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	38.85	*	365
=	0					/	38.85	*	365
=	0.00

XChange Tec's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	28.596	*	365 / 2
=	0					/	28.596	*	365 / 2
=	0.00

XChange Tec (NAS:XHG) 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.

XChange Tec's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.596	/	0
	=

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.

XChange Tec's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	29.907
	=	0.00

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.

XChange Tec Days Inventory Related Terms

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

XChange Tec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » XChange Tec Inc (NAS:XHG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041

Website

https://ir.xhghk.com

XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. A maximum of the insurance purchased through platform and agency services is of automobile insurance.