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AsiaInfo Technologies (HKSE:01675) Days Inventory : 4.47 (As of Dec. 2023)


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What is AsiaInfo Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AsiaInfo Technologies's Average Total Inventories for the six months ended in Dec. 2023 was HK$74 Mil. AsiaInfo Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,038 Mil. Hence, AsiaInfo Technologies's Days Inventory for the six months ended in Dec. 2023 was 4.47.

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

HKSE:01675' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 0.81   Max: 4.64
Current: 3.95

During the past 9 years, AsiaInfo Technologies's highest Days Inventory was 4.64. The lowest was 0.03. And the median was 0.81.

HKSE:01675's Days Inventory is ranked better than
74.25% of 1561 companies
in the Software industry
Industry Median: 19.5 vs HKSE:01675: 3.95

AsiaInfo Technologies's Days Inventory increased from Dec. 2022 (1.81) to Dec. 2023 (4.47). It might indicate that AsiaInfo Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AsiaInfo Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 40.78.

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. AsiaInfo Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


AsiaInfo Technologies Days Inventory Historical Data

The historical data trend for AsiaInfo Technologies'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.

AsiaInfo Technologies Days Inventory Chart

AsiaInfo Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.03 0.03 0.12 0.97 4.64

AsiaInfo Technologies Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.11 1.44 1.81 2.48 4.47

Competitive Comparison of AsiaInfo Technologies's Days Inventory

For the Software - Application subindustry, AsiaInfo Technologies'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.


AsiaInfo Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, AsiaInfo Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where AsiaInfo Technologies's Days Inventory falls into.



AsiaInfo Technologies Days Inventory Calculation

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

AsiaInfo Technologies'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
=( (25.651 + 111.051) / 2 ) / 5376.344*365
=68.351 / 5376.344*365
=4.64

AsiaInfo Technologies'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (37.924 + 111.051) / 2 ) / 3037.968*365 / 2
=74.4875 / 3037.968*365 / 2
=4.47

* 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.


AsiaInfo Technologies  (HKSE:01675) 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.

AsiaInfo Technologies's Inventory Turnover for the six 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.

AsiaInfo Technologies's Inventory to Revenue for the six months ended in Dec. 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.


AsiaInfo Technologies Days Inventory Related Terms

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


AsiaInfo Technologies (HKSE:01675) Business Description

Traded in Other Exchanges
Address
Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193
AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.

AsiaInfo Technologies (HKSE:01675) Headlines

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