Geovis Technology Co (SHSE:688568) Days Inventory : 169.03 (As of Mar. 2024)

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What is Geovis Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Geovis Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥403 Mil. Geovis Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥217 Mil. Hence, Geovis Technology Co's Days Inventory for the three months ended in Mar. 2024 was 169.03.

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

SHSE:688568' s Days Inventory Range Over the Past 10 Years
Min: 67.61 Med: 95.54 Max: 229.23
Current: 119.32

During the past 8 years, Geovis Technology Co's highest Days Inventory was 229.23. The lowest was 67.61. And the median was 95.54.

SHSE:688568's Days Inventory is ranked worse than
82.94% of 1559 companies
in the Software industry
Industry Median: 19.53 vs SHSE:688568: 119.32

Geovis Technology Co's Days Inventory declined from Mar. 2023 (300.67) to Mar. 2024 (169.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Geovis Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.54.

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. Geovis Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.96.

Geovis Technology Co Days Inventory Historical Data

The historical data trend for Geovis 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.

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Geovis Technology Co Days Inventory Chart

Geovis Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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98.50

92.54

92.58

125.86

109.49

Geovis Technology 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															300.67	200.96	123.50	69.44	169.03

Competitive Comparison of Geovis Technology Co's Days Inventory

For the Software - Application subindustry, Geovis 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.

Geovis Technology Co's Days Inventory Distribution in the Software Industry

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

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

Geovis Technology Co Days Inventory Calculation

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

Geovis 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
=	( (388.827	+	390.957)	/	2 )	/	1299.725	*	365
=	389.892					/	1299.725	*	365
=	109.49

Geovis 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
=	( (390.957	+	414.557)	/	2 )	/	217.431	*	365 / 4
=	402.757					/	217.431	*	365 / 4
=	169.03

Geovis Technology Co (SHSE:688568) 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.

Geovis Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	217.431	/	402.757
	=	0.54

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.

Geovis Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	402.757	/	418.602
	=	0.96

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.

Geovis Technology Co Days Inventory Related Terms

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

Geovis Technology Co (SHSE:688568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Geovis Technology Co Ltd (SHSE:688568) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No. 2 Airport East Road, Linkong Economic Core District, No. 1, 5 and 7 of No. 1A-4 Industrial Park, Shunyi District, Beijing, CHN, 101399

Website

http://www.geovis.com.cn

Geovis Technology Co Ltd is engaged in provision of digital earth products and technology development services. The technology of remote sensing, geographic information system, satellite positioning and navigation, virtual reality, and other independent research and development of the company digital earth products have a position in the domestic digital earth industry. The company provides software sales and data services, technology development services, digital earth integrated machines and system integration with GEOVIS digital earth products as the core for users in the government, enterprises and special fields.

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