GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » Days Inventory

Computime Group (HKSE:00320) Days Inventory : 99.42 (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Computime Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Computime Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$948 Mil. Computime Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,739 Mil. Hence, Computime Group's Days Inventory for the six months ended in Sep. 2023 was 99.42.

The historical rank and industry rank for Computime Group's Days Inventory or its related term are showing as below:

HKSE:00320' s Days Inventory Range Over the Past 10 Years
Min: 69.88   Med: 82.65   Max: 101.49
Current: 101.49

During the past 13 years, Computime Group's highest Days Inventory was 101.49. The lowest was 69.88. And the median was 82.65.

HKSE:00320's Days Inventory is ranked better than
50.1% of 2407 companies
in the Hardware industry
Industry Median: 101.78 vs HKSE:00320: 101.49

Computime Group's Days Inventory declined from Sep. 2022 (102.81) to Sep. 2023 (99.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Computime Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.84.

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. Computime Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.46.


Computime Group Days Inventory Historical Data

The historical data trend for Computime Group'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.

Computime Group Days Inventory Chart

Computime Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.15 89.79 84.98 83.81 94.08

Computime Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 104.77 88.79 102.81 101.71 99.42

Competitive Comparison of Computime Group's Days Inventory

For the Consumer Electronics subindustry, Computime Group'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.


Computime Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Computime Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Computime Group's Days Inventory falls into.



Computime Group Days Inventory Calculation

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

Computime Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (935.884 + 969.47) / 2 ) / 3695.968*365
=952.677 / 3695.968*365
=94.08

Computime Group'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (969.47 + 925.684) / 2 ) / 1739.428*365 / 2
=947.577 / 1739.428*365 / 2
=99.42

* 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.


Computime Group  (HKSE:00320) 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.

Computime Group'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.

Computime Group'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.


Computime Group Days Inventory Related Terms

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


Computime Group (HKSE:00320) Business Description

Traded in Other Exchanges
N/A
Address
20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.
Executives
Heung Lap Chi Eugene 2101 Beneficial owner
Leung Yee Li Lana 2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc 2101 Beneficial owner
Lim Mee Hwa 2201 Interest of corporation controlled by you
Yeo Seng Chong 2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd 2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

Computime Group (HKSE:00320) Headlines

No Headlines