Hangzhou Silan Microelectronics Co (SHSE:600460) Days Inventory

: 164.12 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Silan Microelectronics Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥3,559 Mil. Hangzhou Silan Microelectronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥1,979 Mil. Hence, Hangzhou Silan Microelectronics Co's Days Inventory for the three months ended in Dec. 2023 was 164.12.

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

SHSE:600460' s Days Inventory Range Over the Past 10 Years
Min: 125.33 Med: 159.12 Max: 192.01
Current: 169.27

During the past 13 years, Hangzhou Silan Microelectronics Co's highest Days Inventory was 192.01. The lowest was 125.33. And the median was 159.12.

SHSE:600460's Days Inventory is ranked worse than
65.92% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs SHSE:600460: 169.27

Hangzhou Silan Microelectronics Co's Days Inventory declined from Dec. 2022 (183.11) to Dec. 2023 (164.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Silan Microelectronics Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.56.

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. Hangzhou Silan Microelectronics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.46.

Hangzhou Silan Microelectronics Co Days Inventory Historical Data

The historical data trend for Hangzhou Silan Microelectronics 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.

Hangzhou Silan Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

192.01

153.93

125.33

155.69

170.92

Hangzhou Silan Microelectronics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																183.11	191.28	162.64	161.86	164.12

Competitive Comparison

For the Semiconductors subindustry, Hangzhou Silan Microelectronics 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.

Hangzhou Silan Microelectronics Co Days Inventory Distribution

For the Semiconductors industry and Technology sector, Hangzhou Silan Microelectronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Silan Microelectronics Co's Days Inventory falls into.

Hangzhou Silan Microelectronics Co Days Inventory Calculation

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

Hangzhou Silan Microelectronics 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
=	( (3071.793	+	3732.034)	/	2 )	/	7264.795	*	365
=	3401.9135					/	7264.795	*	365
=	170.92

Hangzhou Silan Microelectronics Co'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
=	( (3385.683	+	3732.034)	/	2 )	/	1978.685	*	365 / 4
=	3558.8585					/	1978.685	*	365 / 4
=	164.12

Hangzhou Silan Microelectronics Co (SHSE:600460) 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.

Hangzhou Silan Microelectronics Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1978.685	/	3558.8585
	=	0.56

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.

Hangzhou Silan Microelectronics Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3558.8585	/	2440.328
	=	1.46

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.

Hangzhou Silan Microelectronics Co Days Inventory Related Terms

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

Hangzhou Silan Microelectronics Co (SHSE:600460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou Silan Microelectronics Co Ltd (SHSE:600460) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 4 Huanggushan Road, Hangzhou, Zhejiang, CHN, 310012

Website

http://www.silan.com.cn

Hangzhou Silan Microelectronics Co Ltd is a China-based company principally engaged in the design, manufacture, and sales of electronic components. It is also engaged in the importing and exporting of mechanical and electrical products. The company's main products include integrated circuits, semiconductor discrete devices, and light-emitting diode (LED) products.

Hangzhou Silan Microelectronics Co (SHSE:600460) Headlines

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