Days Inventory is also known as Days Sales of Inventory (DSI). UTime's Average Total Inventories for the
six
months ended in Sep. 2023 was $2.11 Mil. UTime's Cost of Goods Sold for the
six
months ended in Sep. 2023 was $10.96 Mil.
Hence, UTime's Days Inventory for the
six
months ended in Sep. 2023 was 35.06.
The historical rank and industry rank for UTime's Days Inventory or its related term are showing as below:
WTO'
s Days Inventory Range Over the Past 10 Years
Min: 44.07 Med: 52.98 Max: 63.47
Current: 44.38
During the past 7 years, UTime's highest Days Inventory was 63.47. The lowest was 44.07. And the median was 52.98.
WTO's Days Inventory is ranked better than 85.41% of 2405
companies
in the Hardware industry
Industry Median: 103.88
vs WTO: 44.38
UTime's Days Inventory
declined
from Sep. 2022 (46.70) to Sep. 2023 (35.06).
Inventory Turnover measures how fast the company turns over its inventory within a year.
UTime's Inventory Turnover for the
six
months ended in Sep. 2023 was 5.20.
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.
UTime's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.18.
UTime Days Inventory Historical Data
The historical data trend for UTime'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.
For the Consumer Electronics subindustry, UTime'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.
UTime's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, UTime's Days Inventory distribution charts can be found below:
* The bar in red indicates where UTime's Days Inventory falls into.
UTime Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
UTime's Days Inventory for the fiscal year that ended in Mar. 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.
UTime (NAS:WTO) 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.
UTime's Inventory Turnover for the
six
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.
UTime's Inventory to Revenue for the
six
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.
UTime Days Inventory Related Terms
Thank you for viewing the detailed overview of UTime's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
UTime Ltd is engaged in the design, development, production, sales and brand operation of mobile phones, accessories and related consumer electronics. It also provides Electronics Manufacturing Services (EMS), including Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) services, for renowned brands. The company operates in China and its products are sold globally, including India, Brazil, the United States, and other emerging markets in South Asia and Africa as well as Europe. It has two in-house brands, UTime, known as its middle-to-high end label and targets middle class consumers from emerging markets; and Do, as its low- to mid-end brand, is positioned to the grassroots consumers and price-sensitive consumers in emerging markets.
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