Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Days Inventory : 156.15 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Yangtze Optical Fibre and Cable Joint Stock Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yangtze Optical Fibre and Cable Joint Stock Co's Average Total Inventories for the three months ended in Mar. 2024 was HK$3,248.03 Mil. Yangtze Optical Fibre and Cable Joint Stock Co's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$1,898.09 Mil. Hence, Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory for the three months ended in Mar. 2024 was 156.15.

The historical rank and industry rank for Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory or its related term are showing as below:

HKSE:06869' s Days Inventory Range Over the Past 10 Years
Min: 32.28 Med: 71.45 Max: 167.01
Current: 167.01

During the past 11 years, Yangtze Optical Fibre and Cable Joint Stock Co's highest Days Inventory was 167.01. The lowest was 32.28. And the median was 71.45.

HKSE:06869's Days Inventory is ranked worse than
73.66% of 2407 companies
in the Hardware industry
Industry Median: 101.61 vs HKSE:06869: 167.01

Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory increased from Mar. 2023 (118.63) to Mar. 2024 (156.15). It might indicate that Yangtze Optical Fibre and Cable Joint Stock Co's sales slowed down.

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. Yangtze Optical Fibre and Cable Joint Stock Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.58.

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. Yangtze Optical Fibre and Cable Joint Stock Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.25.

Yangtze Optical Fibre and Cable Joint Stock Co Days Inventory Historical Data

The historical data trend for Yangtze Optical Fibre and Cable Joint Stock 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.

Yangtze Optical Fibre and Cable Joint Stock Co Days Inventory Chart

Yangtze Optical Fibre and Cable Joint Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

85.94

111.27

119.68

106.67

111.63

Yangtze Optical Fibre and Cable Joint Stock Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															118.63	108.95	128.39	-	156.15

Competitive Comparison of Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory

For the Communication Equipment subindustry, Yangtze Optical Fibre and Cable Joint Stock 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.

Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory falls into.

Yangtze Optical Fibre and Cable Joint Stock Co Days Inventory Calculation

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

Yangtze Optical Fibre and Cable Joint Stock 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
=	( (3527.387	+	3217.19)	/	2 )	/	11026.163	*	365
=	3372.2885					/	11026.163	*	365
=	111.63

Yangtze Optical Fibre and Cable Joint Stock 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
=	( (3217.19	+	3278.875)	/	2 )	/	1898.093	*	365 / 4
=	3248.0325					/	1898.093	*	365 / 4
=	156.15

Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) 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.

Yangtze Optical Fibre and Cable Joint Stock Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1898.093	/	3248.0325
	=	0.58

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.

Yangtze Optical Fibre and Cable Joint Stock Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3248.0325	/	2592.936
	=	1.25

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.

Yangtze Optical Fibre and Cable Joint Stock Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yangtze Optical Fibre and Cable Joint Stock Ltd Co (HKSE:06869) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

YZOFF:USA 1YO:Germany 601869:China

Address

No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073

Website

https://www.yofc.com

Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through two operating segments, optical fibers and optical fiber preforms; and optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.

Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Headlines

No Headlines