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Shenzhen Aisidi Co (SZSE:002416) Days Inventory : 17.31 (As of Mar. 2024)


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What is Shenzhen Aisidi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Aisidi Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,956 Mil. Shenzhen Aisidi Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,855 Mil. Hence, Shenzhen Aisidi Co's Days Inventory for the three months ended in Mar. 2024 was 17.31.

The historical rank and industry rank for Shenzhen Aisidi Co's Days Inventory or its related term are showing as below:

SZSE:002416' s Days Inventory Range Over the Past 10 Years
Min: 13.5   Med: 19.59   Max: 25.88
Current: 14.54

During the past 13 years, Shenzhen Aisidi Co's highest Days Inventory was 25.88. The lowest was 13.50. And the median was 19.59.

SZSE:002416's Days Inventory is ranked better than
92.99% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.235 vs SZSE:002416: 14.54

Shenzhen Aisidi Co's Days Inventory increased from Mar. 2023 (15.89) to Mar. 2024 (17.31). It might indicate that Shenzhen Aisidi Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Aisidi Co's Inventory Turnover for the three months ended in Mar. 2024 was 5.27.

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. Shenzhen Aisidi Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.18.


Shenzhen Aisidi Co Days Inventory Historical Data

The historical data trend for Shenzhen Aisidi 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.

Shenzhen Aisidi Co Days Inventory Chart

Shenzhen Aisidi Co 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 15.79 13.50 14.05 19.38 16.36

Shenzhen Aisidi Co 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 15.89 14.88 10.84 12.15 17.31

Competitive Comparison of Shenzhen Aisidi Co's Days Inventory

For the Specialty Retail subindustry, Shenzhen Aisidi 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.


Shenzhen Aisidi Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Aisidi Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Aisidi Co's Days Inventory falls into.



Shenzhen Aisidi Co Days Inventory Calculation

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

Shenzhen Aisidi 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
=( (4528.783 + 3466.15) / 2 ) / 89168.326*365
=3997.4665 / 89168.326*365
=16.36

Shenzhen Aisidi 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
=( (3466.15 + 4445.317) / 2 ) / 20854.681*365 / 4
=3955.7335 / 20854.681*365 / 4
=17.31

* 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.


Shenzhen Aisidi Co  (SZSE:002416) 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.

Shenzhen Aisidi Co'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.

Shenzhen Aisidi Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3955.7335 / 21653.865
=0.18

* 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.


Shenzhen Aisidi Co Days Inventory Related Terms

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


Shenzhen Aisidi Co (SZSE:002416) Business Description

Traded in Other Exchanges
N/A
Address
Jinsong Building East Terra 20th Floor, Terra Avenue Futian District, Shenzhen, CHN, 518040
Shenzhen Aisidi Co Ltd is a China-based company. It engages in the distribution and retail of mobile phones and digital electronic products. The company has four business segments of intelligent terminal products, communication services, financial services and e-commerce platforms. Its products include mobile communication terminal products, digital electronic consumer products, communication services, mobile internet, and finance.
Executives
Huang Wen Hui Director
Liu Hong Hua Executives
Mi Ze Dong Directors, executives
Yang Zhi Executives
Chen Liang Executives
Zhou You Meng Directors, executives
Huang Shao Wu Director
Xia Xiao Hua Director
Liu Hao Executives
Chen Bei Directors, executives
Zhang Peng Supervisors
Guo Xu Yong Director

Shenzhen Aisidi Co (SZSE:002416) Headlines

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