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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Days Inventory : 153.60 (As of Mar. 2024)


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What is VeriSilicon Microelectronics Shanghai Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VeriSilicon Microelectronics Shanghai Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥291 Mil. VeriSilicon Microelectronics Shanghai Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥173 Mil. Hence, VeriSilicon Microelectronics Shanghai Co's Days Inventory for the three months ended in Mar. 2024 was 153.60.

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

SHSE:688521' s Days Inventory Range Over the Past 10 Years
Min: 10.19   Med: 24.25   Max: 125.78
Current: 125.78

During the past 8 years, VeriSilicon Microelectronics Shanghai Co's highest Days Inventory was 125.78. The lowest was 10.19. And the median was 24.25.

SHSE:688521's Days Inventory is ranked better than
52.87% of 940 companies
in the Semiconductors industry
Industry Median: 130.36 vs SHSE:688521: 125.78

VeriSilicon Microelectronics Shanghai Co's Days Inventory increased from Mar. 2023 (127.53) to Mar. 2024 (153.60). It might indicate that VeriSilicon Microelectronics Shanghai 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. VeriSilicon Microelectronics Shanghai Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.59.

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. VeriSilicon Microelectronics Shanghai Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.


VeriSilicon Microelectronics Shanghai Co Days Inventory Historical Data

The historical data trend for VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai Co Days Inventory Chart

VeriSilicon Microelectronics Shanghai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 17.63 31.27 30.87 64.84 99.06

VeriSilicon Microelectronics Shanghai 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 127.53 159.20 105.56 99.54 153.60

Competitive Comparison of VeriSilicon Microelectronics Shanghai Co's Days Inventory

For the Semiconductors subindustry, VeriSilicon Microelectronics Shanghai 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.


VeriSilicon Microelectronics Shanghai Co's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where VeriSilicon Microelectronics Shanghai Co's Days Inventory falls into.



VeriSilicon Microelectronics Shanghai Co Days Inventory Calculation

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

VeriSilicon Microelectronics Shanghai 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
=( (422.533 + 278.623) / 2 ) / 1291.724*365
=350.578 / 1291.724*365
=99.06

VeriSilicon Microelectronics Shanghai 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
=( (278.623 + 302.951) / 2 ) / 172.751*365 / 4
=290.787 / 172.751*365 / 4
=153.60

* 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.


VeriSilicon Microelectronics Shanghai Co  (SHSE:688521) 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.

VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai 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.


VeriSilicon Microelectronics Shanghai Co Days Inventory Related Terms

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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Traded in Other Exchanges
N/A
Address
No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203
VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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