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Robosense Technology Co (HKSE:02498) Days Inventory : 60.55 (As of Dec. 2023)


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What is Robosense Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Robosense Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$258 Mil. Robosense Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$777 Mil. Hence, Robosense Technology Co's Days Inventory for the six months ended in Dec. 2023 was 60.55.

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

HKSE:02498' s Days Inventory Range Over the Past 10 Years
Min: 87.89   Med: 161.76   Max: 204.74
Current: 90.84

During the past 4 years, Robosense Technology Co's highest Days Inventory was 204.74. The lowest was 87.89. And the median was 161.76.

HKSE:02498's Days Inventory is ranked better than
56.5% of 2409 companies
in the Hardware industry
Industry Median: 102.05 vs HKSE:02498: 90.84

Robosense Technology Co's Days Inventory declined from Dec. 2022 (144.35) to Dec. 2023 (60.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Robosense Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 3.01.

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. Robosense Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Robosense Technology Co Days Inventory Historical Data

The historical data trend for Robosense Technology Co'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.

Robosense Technology Co Days Inventory Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
204.74 182.20 141.31 87.89

Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - 129.42 144.35 163.63 60.55

Competitive Comparison of Robosense Technology Co's Days Inventory

For the Computer Hardware subindustry, Robosense Technology Co'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.

Robosense Technology Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Robosense Technology Co's Days Inventory falls into.


Robosense Technology Co Days Inventory Calculation

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

Robosense Technology Co'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
=( (322.829 + 217.893) / 2 ) / 1122.774*365
=270.361 / 1122.774*365
=87.89

Robosense Technology Co'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
=( (297.541 + 217.893) / 2 ) / 776.816*365 / 2
=257.717 / 776.816*365 / 2
=60.55

* 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.

Robosense Technology Co  (HKSE:02498) 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.

Robosense Technology Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=776.816 / 257.717
=3.01

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.

Robosense Technology Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=257.717 / 865.29
=0.30

* 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.

Robosense Technology Co Days Inventory Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Robosense Technology Co Ltd (HKSE:02498) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Website
https://www.robosense.ai/en
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.

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