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China Railway Signalmmunication (HKSE:03969) Days Inventory : 30.67 (As of Dec. 2023)


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What is China Railway Signalmmunication Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Railway Signalmmunication's Average Total Inventories for the three months ended in Dec. 2023 was HK$3,340 Mil. China Railway Signalmmunication's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$9,936 Mil. Hence, China Railway Signalmmunication's Days Inventory for the three months ended in Dec. 2023 was 30.67.

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

HKSE:03969' s Days Inventory Range Over the Past 10 Years
Min: 26.59   Med: 41.02   Max: 79.52
Current: 53.65

During the past 10 years, China Railway Signalmmunication's highest Days Inventory was 79.52. The lowest was 26.59. And the median was 41.02.

HKSE:03969's Days Inventory is ranked worse than
85.6% of 778 companies
in the Transportation industry
Industry Median: 11.42 vs HKSE:03969: 53.65

China Railway Signalmmunication's Days Inventory declined from Sep. 2022 (38.37) to Dec. 2023 (30.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Railway Signalmmunication's Inventory Turnover for the three months ended in Dec. 2023 was 2.97.

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 Railway Signalmmunication's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


China Railway Signalmmunication Days Inventory Historical Data

The historical data trend for China Railway Signalmmunication'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 Railway Signalmmunication Days Inventory Chart

China Railway Signalmmunication 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 36.22 26.59 29.98 30.41 37.43

China Railway Signalmmunication Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 22.04 - 46.25 30.67 62.34

Competitive Comparison of China Railway Signalmmunication's Days Inventory

For the Railroads subindustry, China Railway Signalmmunication'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 Railway Signalmmunication's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Railway Signalmmunication's Days Inventory falls into.



China Railway Signalmmunication Days Inventory Calculation

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

China Railway Signalmmunication'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
=( (2656.401 + 3506.855) / 2 ) / 30048.638*365
=3081.628 / 30048.638*365
=37.43

China Railway Signalmmunication's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3172.897 + 3506.855) / 2 ) / 9935.958*365 / 4
=3339.876 / 9935.958*365 / 4
=30.67

* 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 Railway Signalmmunication  (HKSE:03969) 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 Railway Signalmmunication's Inventory Turnover for the three months ended in Dec. 2023 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 Railway Signalmmunication's Inventory to Revenue for the three months ended in Dec. 2023 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 Railway Signalmmunication Days Inventory Related Terms

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


China Railway Signalmmunication (HKSE:03969) Business Description

Traded in Other Exchanges
Address
Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070
China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

China Railway Signalmmunication (HKSE:03969) Headlines

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