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Nexchip Semiconductor (SHSE:688249) Days Inventory : 76.41 (As of Mar. 2024)


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What is Nexchip Semiconductor Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexchip Semiconductor's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,399 Mil. Nexchip Semiconductor's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,671 Mil. Hence, Nexchip Semiconductor's Days Inventory for the three months ended in Mar. 2024 was 76.41.

The historical rank and industry rank for Nexchip Semiconductor's Days Inventory or its related term are showing as below:

SHSE:688249' s Days Inventory Range Over the Past 10 Years
Min: 22.74   Med: 61.03   Max: 80.81
Current: 74.95

During the past 6 years, Nexchip Semiconductor's highest Days Inventory was 80.81. The lowest was 22.74. And the median was 61.03.

SHSE:688249's Days Inventory is ranked better than
73.04% of 942 companies
in the Semiconductors industry
Industry Median: 130.435 vs SHSE:688249: 74.95

Nexchip Semiconductor's Days Inventory declined from Mar. 2023 (98.50) to Mar. 2024 (76.41).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexchip Semiconductor's Inventory Turnover for the three months ended in Mar. 2024 was 1.19.

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. Nexchip Semiconductor's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.


Nexchip Semiconductor Days Inventory Historical Data

The historical data trend for Nexchip Semiconductor'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.

Nexchip Semiconductor Days Inventory Chart

Nexchip Semiconductor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 36.58 61.06 71.85 61.00 80.81

Nexchip Semiconductor Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 98.50 76.88 71.03 80.27 76.41

Competitive Comparison of Nexchip Semiconductor's Days Inventory

For the Semiconductors subindustry, Nexchip Semiconductor'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.


Nexchip Semiconductor's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nexchip Semiconductor's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nexchip Semiconductor's Days Inventory falls into.



Nexchip Semiconductor Days Inventory Calculation

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

Nexchip Semiconductor'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
=( (1021.653 + 1492.685) / 2 ) / 5678.173*365
=1257.169 / 5678.173*365
=80.81

Nexchip Semiconductor'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
=( (1492.685 + 1306.292) / 2 ) / 1671.215*365 / 4
=1399.4885 / 1671.215*365 / 4
=76.41

* 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.


Nexchip Semiconductor  (SHSE:688249) 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.

Nexchip Semiconductor'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.

Nexchip Semiconductor'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.


Nexchip Semiconductor Days Inventory Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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