GURUFOCUS.COM » STOCK LIST » Technology » Software » Guotai Epoint Sofware Co Ltd (SHSE:688232) » Definitions » Days Inventory

Guotai Epoint Sofware Co (SHSE:688232) Days Inventory : 448.47 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Guotai Epoint Sofware Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guotai Epoint Sofware Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥455 Mil. Guotai Epoint Sofware Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥93 Mil. Hence, Guotai Epoint Sofware Co's Days Inventory for the three months ended in Mar. 2024 was 448.47.

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

SHSE:688232' s Days Inventory Range Over the Past 10 Years
Min: 164.83   Med: 198.86   Max: 340.06
Current: 203.32

During the past 7 years, Guotai Epoint Sofware Co's highest Days Inventory was 340.06. The lowest was 164.83. And the median was 198.86.

SHSE:688232's Days Inventory is ranked worse than
91.4% of 1559 companies
in the Software industry
Industry Median: 19.53 vs SHSE:688232: 203.32

Guotai Epoint Sofware Co's Days Inventory increased from Mar. 2023 (341.45) to Mar. 2024 (448.47). It might indicate that Guotai Epoint Sofware Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guotai Epoint Sofware Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Guotai Epoint Sofware Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.55.


Guotai Epoint Sofware Co Days Inventory Historical Data

The historical data trend for Guotai Epoint Sofware 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.

Guotai Epoint Sofware Co Days Inventory Chart

Guotai Epoint Sofware Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 227.58 170.14 169.07 164.83

Guotai Epoint Sofware Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 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 341.45 218.16 303.03 105.18 448.47

Competitive Comparison of Guotai Epoint Sofware Co's Days Inventory

For the Software - Application subindustry, Guotai Epoint Sofware 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.


Guotai Epoint Sofware Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Guotai Epoint Sofware Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guotai Epoint Sofware Co's Days Inventory falls into.



Guotai Epoint Sofware Co Days Inventory Calculation

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

Guotai Epoint Sofware 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
=( (434.448 + 416.602) / 2 ) / 942.258*365
=425.525 / 942.258*365
=164.83

Guotai Epoint Sofware 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
=( (416.602 + 493.64) / 2 ) / 92.603*365 / 4
=455.121 / 92.603*365 / 4
=448.47

* 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.


Guotai Epoint Sofware Co  (SHSE:688232) 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.

Guotai Epoint Sofware 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.

Guotai Epoint Sofware 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.


Guotai Epoint Sofware Co Days Inventory Related Terms

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


Guotai Epoint Sofware Co (SHSE:688232) Business Description

Traded in Other Exchanges
N/A
Address
Changxing Road, Zhangjiagang Economic Development Zone, Jiangsu Province, Zhangjiagang, Suzhou, CHN, 215600
Guotai Epoint Sofware Co Ltd provides software-centric smart overall solutions for the three sub-fields of smart recruitment, smart government and digital construction in smart cities.
Executives
Jiang Xiao Feng Supervisors

Guotai Epoint Sofware Co (SHSE:688232) Headlines

No Headlines