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Beijing UBOX Online Technology (HKSE:02429) Days Inventory : 32.44 (As of Dec. 2023)


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What is Beijing UBOX Online Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing UBOX Online Technology's Average Total Inventories for the six months ended in Dec. 2023 was HK$165 Mil. Beijing UBOX Online Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$928 Mil. Hence, Beijing UBOX Online Technology's Days Inventory for the six months ended in Dec. 2023 was 32.44.

The historical rank and industry rank for Beijing UBOX Online Technology's Days Inventory or its related term are showing as below:

HKSE:02429' s Days Inventory Range Over the Past 10 Years
Min: 34.47   Med: 44.12   Max: 60.34
Current: 34.47

During the past 5 years, Beijing UBOX Online Technology's highest Days Inventory was 60.34. The lowest was 34.47. And the median was 44.12.

HKSE:02429's Days Inventory is ranked better than
93.16% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs HKSE:02429: 34.47

Beijing UBOX Online Technology's Days Inventory increased from Dec. 2022 (32.43) to Dec. 2023 (32.44). It might indicate that Beijing UBOX Online Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing UBOX Online Technology's Inventory Turnover for the six months ended in Dec. 2023 was 5.63.

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. Beijing UBOX Online Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

Beijing UBOX Online Technology Days Inventory Historical Data

The historical data trend for Beijing UBOX Online 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.

Beijing UBOX Online Technology Days Inventory Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
60.34 49.87 38.49 44.12 37.09

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - 56.26 32.43 34.00 32.44

Competitive Comparison of Beijing UBOX Online Technology's Days Inventory

For the Business Equipment & Supplies subindustry, Beijing UBOX Online 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.

Beijing UBOX Online Technology's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's Days Inventory falls into.


Beijing UBOX Online Technology Days Inventory Calculation

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

Beijing UBOX Online 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
=( (160.681 + 191.305) / 2 ) / 1731.836*365
=175.993 / 1731.836*365
=37.09

Beijing UBOX Online 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
=( (138.729 + 191.305) / 2 ) / 928.234*365 / 2
=165.017 / 928.234*365 / 2
=32.44

* 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.

Beijing UBOX Online Technology  (HKSE:02429) 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.

Beijing UBOX Online Technology's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=928.234 / 165.017
=5.63

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.

Beijing UBOX Online Technology's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=165.017 / 1552.446
=0.11

* 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.

Beijing UBOX Online Technology Days Inventory Related Terms

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

Beijing UBOX Online Technology (HKSE:02429) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing UBOX Online Technology Corp (HKSE:02429) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Website
https://www.uboxol.com
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.

Beijing UBOX Online Technology (HKSE:02429) Headlines

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