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Semiconductor Manufacturing International (HKSE:00981) Days Inventory : 172.93 (As of Dec. 2023)


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What is Semiconductor Manufacturing International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Semiconductor Manufacturing International's Average Total Inventories for the three months ended in Dec. 2023 was HK$20,770 Mil. Semiconductor Manufacturing International's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$10,960 Mil. Hence, Semiconductor Manufacturing International's Days Inventory for the three months ended in Dec. 2023 was 172.93.

The historical rank and industry rank for Semiconductor Manufacturing International's Days Inventory or its related term are showing as below:

HKSE:00981' s Days Inventory Range Over the Past 10 Years
Min: 73.94   Med: 86.19   Max: 166.98
Current: 166.98

During the past 13 years, Semiconductor Manufacturing International's highest Days Inventory was 166.98. The lowest was 73.94. And the median was 86.19.

HKSE:00981's Days Inventory is ranked worse than
65.53% of 940 companies
in the Semiconductors industry
Industry Median: 130.36 vs HKSE:00981: 166.98

Semiconductor Manufacturing International's Days Inventory increased from Dec. 2022 (149.95) to Dec. 2023 (172.93). It might indicate that Semiconductor Manufacturing International's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Semiconductor Manufacturing International's Inventory Turnover for the three months ended in Dec. 2023 was 0.53.

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. Semiconductor Manufacturing International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.58.


Semiconductor Manufacturing International Days Inventory Historical Data

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Days Inventory Chart

Semiconductor Manufacturing International 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 90.25 87.52 96.29 125.70 165.97

Semiconductor Manufacturing International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 149.95 158.11 163.78 172.94 172.93

Competitive Comparison of Semiconductor Manufacturing International's Days Inventory

For the Semiconductors subindustry, Semiconductor Manufacturing International'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.


Semiconductor Manufacturing International's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Days Inventory falls into.



Semiconductor Manufacturing International Days Inventory Calculation

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

Semiconductor Manufacturing International'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
=( (14881.691 + 21366.996) / 2 ) / 39859.782*365
=18124.3435 / 39859.782*365
=165.97

Semiconductor Manufacturing International'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
=( (20173.269 + 21366.996) / 2 ) / 10959.836*365 / 4
=20770.1325 / 10959.836*365 / 4
=172.93

* 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.


Semiconductor Manufacturing International  (HKSE:00981) 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.

Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=20770.1325 / 13107.18
=1.58

* 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.


Semiconductor Manufacturing International Days Inventory Related Terms

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


Semiconductor Manufacturing International (HKSE:00981) Business Description

Traded in Other Exchanges
Address
No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corp. is the largest Chinese foundry and the fifth-largest globally after TSMC, Samsung Electronics, GlobalFoundries, and United Microelectronics Corp. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs over 21,000 people.

Semiconductor Manufacturing International (HKSE:00981) Headlines

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