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Hunan Sund Technological (SZSE:301548) Days Inventory : 136.02 (As of Mar. 2024)


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What is Hunan Sund Technological Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hunan Sund Technological's Average Total Inventories for the three months ended in Mar. 2024 was ¥104.0 Mil. Hunan Sund Technological's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥69.8 Mil. Hence, Hunan Sund Technological's Days Inventory for the three months ended in Mar. 2024 was 136.02.

The historical rank and industry rank for Hunan Sund Technological's Days Inventory or its related term are showing as below:

SZSE:301548' s Days Inventory Range Over the Past 10 Years
Min: 114.87   Med: 133.75   Max: 147.83
Current: 118.88

During the past 6 years, Hunan Sund Technological's highest Days Inventory was 147.83. The lowest was 114.87. And the median was 133.75.

SZSE:301548's Days Inventory is ranked better than
50.53% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs SZSE:301548: 118.88

Hunan Sund Technological's Days Inventory increased from Mar. 2023 (126.37) to Mar. 2024 (136.02). It might indicate that Hunan Sund Technological'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. Hunan Sund Technological's Inventory Turnover for the three months ended in Mar. 2024 was 0.67.

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. Hunan Sund Technological's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.


Hunan Sund Technological Days Inventory Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Days Inventory Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 139.88 140.50 127.61 119.87 114.87

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 126.37 101.14 126.77 117.73 136.02

Competitive Comparison of Hunan Sund Technological's Days Inventory

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Days Inventory falls into.



Hunan Sund Technological Days Inventory Calculation

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

Hunan Sund Technological'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
=( (96.59 + 104.63) / 2 ) / 319.675*365
=100.61 / 319.675*365
=114.87

Hunan Sund Technological'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
=( (104.63 + 103.347) / 2 ) / 69.763*365 / 4
=103.9885 / 69.763*365 / 4
=136.02

* 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.


Hunan Sund Technological  (SZSE:301548) 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.

Hunan Sund Technological'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.

Hunan Sund Technological'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.


Hunan Sund Technological Days Inventory Related Terms

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


Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

Hunan Sund Technological (SZSE:301548) Headlines

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