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Beijing Huafeng Testntrol Technology Co (SHSE:688200) Days Inventory

: 408.12 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Huafeng Testntrol Technology Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥160.7 Mil. Beijing Huafeng Testntrol Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥35.9 Mil. Hence, Beijing Huafeng Testntrol Technology Co's Days Inventory for the three months ended in Sep. 2023 was 408.12.

The historical rank and industry rank for Beijing Huafeng Testntrol Technology Co's Days Inventory or its related term are showing as below:

SHSE:688200' s Days Inventory Range Over the Past 10 Years
Min: 271.52   Med: 321.55   Max: 386.08
Current: 296.22

During the past 7 years, Beijing Huafeng Testntrol Technology Co's highest Days Inventory was 386.08. The lowest was 271.52. And the median was 321.55.

SHSE:688200's Days Inventory is ranked worse than
85.32% of 940 companies
in the Semiconductors industry
Industry Median: 131.81 vs SHSE:688200: 296.22

Beijing Huafeng Testntrol Technology Co's Days Inventory increased from Sep. 2022 (296.65) to Sep. 2023 (408.12). It might indicate that Beijing Huafeng Testntrol Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Huafeng Testntrol Technology Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.22.

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. Beijing Huafeng Testntrol Technology Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.17.


Beijing Huafeng Testntrol Technology Co Days Inventory Historical Data

The historical data trend for Beijing Huafeng Testntrol Technology 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.

Beijing Huafeng Testntrol Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only 371.23 386.08 278.09 271.52 277.97

Beijing Huafeng Testntrol Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 296.65 255.62 271.58 297.22 408.12

Competitive Comparison

For the Semiconductors subindustry, Beijing Huafeng Testntrol Technology 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.


Beijing Huafeng Testntrol Technology Co Days Inventory Distribution

For the Semiconductors industry and Technology sector, Beijing Huafeng Testntrol Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Huafeng Testntrol Technology Co's Days Inventory falls into.



Beijing Huafeng Testntrol Technology Co Days Inventory Calculation

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

Beijing Huafeng Testntrol Technology Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (188.665 + 188.372) / 2 ) / 247.538*365
=188.5185 / 247.538*365
=277.97

Beijing Huafeng Testntrol Technology Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (163.462 + 157.852) / 2 ) / 35.921*365 / 4
=160.657 / 35.921*365 / 4
=408.12

* 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.


Beijing Huafeng Testntrol Technology Co  (SHSE:688200) 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.

Beijing Huafeng Testntrol Technology Co's Inventory Turnover for the three months ended in Sep. 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.

Beijing Huafeng Testntrol Technology Co's Inventory to Revenue for the three months ended in Sep. 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.


Beijing Huafeng Testntrol Technology Co Days Inventory Related Terms

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


Beijing Huafeng Testntrol Technology Co (SHSE:688200) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, 2 Building, No 1 Haiying Road, Fengtai District, Beijing, CHN, 100070
Beijing Huafeng Test & Control Technology Co Ltd is engaged in research, development, production, and sales of semiconductor automated test systems. The company's products include STS 8200 Test System and STS 8300 Test System.

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