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Tsinghua Tongfang Co (SHSE:600100) Days Inventory : 316.58 (As of Mar. 2024)


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What is Tsinghua Tongfang Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tsinghua Tongfang Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥8,079 Mil. Tsinghua Tongfang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,329 Mil. Hence, Tsinghua Tongfang Co's Days Inventory for the three months ended in Mar. 2024 was 316.58.

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

SHSE:600100' s Days Inventory Range Over the Past 10 Years
Min: 130.07   Med: 155.02   Max: 180.8
Current: 157.46

During the past 13 years, Tsinghua Tongfang Co's highest Days Inventory was 180.80. The lowest was 130.07. And the median was 155.02.

SHSE:600100's Days Inventory is ranked worse than
70.76% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs SHSE:600100: 157.46

Tsinghua Tongfang Co's Days Inventory increased from Mar. 2023 (237.79) to Mar. 2024 (316.58). It might indicate that Tsinghua Tongfang Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsinghua Tongfang Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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. Tsinghua Tongfang Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.75.


Tsinghua Tongfang Co Days Inventory Historical Data

The historical data trend for Tsinghua Tongfang 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.

Tsinghua Tongfang Co Days Inventory Chart

Tsinghua Tongfang Co 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 178.06 159.38 146.25 180.80 132.45

Tsinghua Tongfang Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 237.79 189.40 155.65 101.17 316.58

Competitive Comparison of Tsinghua Tongfang Co's Days Inventory

For the Computer Hardware subindustry, Tsinghua Tongfang 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.


Tsinghua Tongfang Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Tsinghua Tongfang Co's Days Inventory falls into.



Tsinghua Tongfang Co Days Inventory Calculation

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

Tsinghua Tongfang 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
=( (9485.317 + 7724.069) / 2 ) / 23712.748*365
=8604.693 / 23712.748*365
=132.45

Tsinghua Tongfang Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (7724.069 + 8434.801) / 2 ) / 2328.762*365 / 4
=8079.435 / 2328.762*365 / 4
=316.58

* 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.


Tsinghua Tongfang Co  (SHSE:600100) 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.

Tsinghua Tongfang Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Tsinghua Tongfang Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Tsinghua Tongfang Co Days Inventory Related Terms

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


Tsinghua Tongfang Co (SHSE:600100) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Wangzhuang Road, 30th Floor, Tower A, Tsinghua Tongfang Technology Building, Haidian District, Beijing, CHN, 100083
Tsinghua Tongfang Co Ltd is a China-based company primarily engaged in the business of manufacturing personal computers. It develops computers, internet applications, microelectronics, radio frequency technology, multimedia, semiconductors, lighting, digital TVs and environmental technology products. The company also provides intelligence and information services for many buildings, subway lines, and high-speed rail passenger stations. The company is involved in the public safety industry, industrial manufacturing industry, lighting industry, science, and technology park and other businesses.

Tsinghua Tongfang Co (SHSE:600100) Headlines

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