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C Core Technology Co (SHSE:688262) Days Inventory : 262.95 (As of Mar. 2024)


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What is C Core Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). C Core Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥456.0 Mil. C Core Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥158.3 Mil. Hence, C Core Technology Co's Days Inventory for the three months ended in Mar. 2024 was 262.95.

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

SHSE:688262' s Days Inventory Range Over the Past 10 Years
Min: 248.39   Med: 370.09   Max: 637.84
Current: 407.81

During the past 7 years, C Core Technology Co's highest Days Inventory was 637.84. The lowest was 248.39. And the median was 370.09.

SHSE:688262's Days Inventory is ranked worse than
91.83% of 942 companies
in the Semiconductors industry
Industry Median: 130.735 vs SHSE:688262: 407.81

C Core Technology Co's Days Inventory increased from Mar. 2023 (213.34) to Mar. 2024 (262.95). It might indicate that C Core Technology Co's sales slowed down.

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. C Core Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. C Core Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.55.


C Core Technology Co Days Inventory Historical Data

The historical data trend for C Core 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.

C Core Technology Co Days Inventory Chart

C Core Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 370.09 477.63 248.39 249.61 372.46

C Core Technology Co Quarterly Data
Dec17 Dec18 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 213.34 579.69 331.14 939.43 262.95

Competitive Comparison of C Core Technology Co's Days Inventory

For the Semiconductors subindustry, C Core 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.


C Core Technology Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, C Core Technology Co's Days Inventory distribution charts can be found below:

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



C Core Technology Co Days Inventory Calculation

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

C Core 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
=( (243.03 + 476.498) / 2 ) / 352.559*365
=359.764 / 352.559*365
=372.46

C Core Technology 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
=( (476.498 + 435.568) / 2 ) / 158.252*365 / 4
=456.033 / 158.252*365 / 4
=262.95

* 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.


C Core Technology Co  (SHSE:688262) 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.

C Core Technology 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.

C Core Technology 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.


C Core Technology Co Days Inventory Related Terms

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


C Core Technology Co (SHSE:688262) Business Description

Traded in Other Exchanges
N/A
Address
No. 209, Zhuyuan Road, Floor 23 and 24, Building 3, Pioneer Park, Jiangsu Province, Suzhou High-tech Zone, Suzhou, CHN, 215011
C Core Technology Co Ltd is a chip design company focusing on domestically-made independent controllable embedded CPU technology research and development and industrial applications. The company is committed to serving a safe, autonomous and controllable national strategy, providing IP authorization, chip customization services, and independent chip and module products for customers in major national needs and market needs, mainly used in information security, automotive electronics and industrial control, edge computing and network communication areas.

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