GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China United Network Communications Ltd (SHSE:600050) » Definitions » Days Inventory

China United Network Communications (SHSE:600050) Days Inventory : 3.25 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is China United Network Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China United Network Communications's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,677 Mil. China United Network Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥75,076 Mil. Hence, China United Network Communications's Days Inventory for the three months ended in Mar. 2024 was 3.25.

The historical rank and industry rank for China United Network Communications's Days Inventory or its related term are showing as below:

SHSE:600050' s Days Inventory Range Over the Past 10 Years
Min: 2.53   Med: 4   Max: 9.05
Current: 4.06

During the past 13 years, China United Network Communications's highest Days Inventory was 9.05. The lowest was 2.53. And the median was 4.00.

SHSE:600050's Days Inventory is ranked better than
89.46% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.32 vs SHSE:600050: 4.06

China United Network Communications's Days Inventory increased from Mar. 2023 (3.15) to Mar. 2024 (3.25). It might indicate that China United Network Communications's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China United Network Communications's Inventory Turnover for the three months ended in Mar. 2024 was 28.05.

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. China United Network Communications's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.


China United Network Communications Days Inventory Historical Data

The historical data trend for China United Network Communications'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.

China United Network Communications Days Inventory Chart

China United Network Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.05 3.50 2.80 2.53 2.66

China United Network Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 4.57 4.88 3.60 3.25

Competitive Comparison of China United Network Communications's Days Inventory

For the Telecom Services subindustry, China United Network Communications'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.


China United Network Communications's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China United Network Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where China United Network Communications's Days Inventory falls into.



China United Network Communications Days Inventory Calculation

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

China United Network Communications'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
=( (1882.083 + 2216.859) / 2 ) / 281230.556*365
=2049.471 / 281230.556*365
=2.66

China United Network Communications'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
=( (2216.859 + 3136.879) / 2 ) / 75075.591*365 / 4
=2676.869 / 75075.591*365 / 4
=3.25

* 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.


China United Network Communications  (SHSE:600050) 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.

China United Network Communications'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.

China United Network Communications'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.


China United Network Communications Days Inventory Related Terms

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


China United Network Communications (SHSE:600050) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Financial Street, 4th Floor, Xicheng District, Beijing, CHN, 100033
China United Network Communications Ltd is a Chinese telecom operator. It operates fixed and mobile communications service, domestic and international communications facilities, satellite IPLC service, data communications service, network access service, value-added telecom services and system integration service related to information and communications services. The Company provides its products to personal & residential customers, small & medium business, VIP customer and international customer.

China United Network Communications (SHSE:600050) Headlines

No Headlines