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International Business Digital Technology (HKSE:01782) Days Inventory : 34.02 (As of Dec. 2023)


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What is International Business Digital Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Business Digital Technology's Average Total Inventories for the six months ended in Dec. 2023 was HK$9.2 Mil. International Business Digital Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$49.5 Mil. Hence, International Business Digital Technology's Days Inventory for the six months ended in Dec. 2023 was 34.02.

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

HKSE:01782' s Days Inventory Range Over the Past 10 Years
Min: 10.09   Med: 21.98   Max: 40.18
Current: 40.18

During the past 10 years, International Business Digital Technology's highest Days Inventory was 40.18. The lowest was 10.09. And the median was 21.98.

HKSE:01782's Days Inventory is ranked worse than
64.06% of 1561 companies
in the Software industry
Industry Median: 19.5 vs HKSE:01782: 40.18

International Business Digital Technology's Days Inventory declined from Dec. 2022 (39.31) to Dec. 2023 (34.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. International Business Digital Technology's Inventory Turnover for the six months ended in Dec. 2023 was 5.36.

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. International Business Digital Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


International Business Digital Technology Days Inventory Historical Data

The historical data trend for International Business Digital Technology'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.

International Business Digital Technology Days Inventory Chart

International Business Digital Technology 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 11.84 15.11 19.33 27.00 29.78

International Business Digital Technology Semi-Annual Data
Dec14 Dec15 Jun16 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 Premium Member Only Premium Member Only 32.97 54.74 39.31 71.26 34.02

Competitive Comparison of International Business Digital Technology's Days Inventory

For the Software - Application subindustry, International Business Digital Technology'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.


International Business Digital Technology's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, International Business Digital Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Business Digital Technology's Days Inventory falls into.



International Business Digital Technology Days Inventory Calculation

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

International Business Digital Technology'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
=( (5.06 + 6.551) / 2 ) / 71.162*365
=5.8055 / 71.162*365
=29.78

International Business Digital Technology'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
=( (11.888 + 6.551) / 2 ) / 49.458*365 / 2
=9.2195 / 49.458*365 / 2
=34.02

* 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.


International Business Digital Technology  (HKSE:01782) 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.

International Business Digital Technology'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.

International Business Digital Technology'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.


International Business Digital Technology Days Inventory Related Terms

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


International Business Digital Technology (HKSE:01782) Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi Fifth Street, 4th Floor, Block 2, Founder Building, Haidian District, Beijing, CHN, 100085
International Business Digital Technology Ltd, formerly Vixtel Technologies Holdings Ltd is an investment holding company. The Group is principally engaged in the following businesses such as integrated APM (application performance management) system solutions, software development services, technical services, and sales of embedded hardware & standard APM software. Its products include APM vista SaaS Platform, NetVista Platform, IPTV/OTT Video Quality System, Loglyst Analysis Platform, cloud NPM Platform, and Trade QoS Monitoring. The company's geographical segments are Hong Kong, Taiwan and Mainland China.

International Business Digital Technology (HKSE:01782) Headlines

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