Wafer Works (Shanghai) Co (SHSE:688584) Days Inventory : 177.72 (As of Mar. 2024)

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What is Wafer Works (Shanghai) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wafer Works (Shanghai) Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥341 Mil. Wafer Works (Shanghai) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥175 Mil. Hence, Wafer Works (Shanghai) Co's Days Inventory for the three months ended in Mar. 2024 was 177.72.

The historical rank and industry rank for Wafer Works (Shanghai) Co's Days Inventory or its related term are showing as below:

SHSE:688584' s Days Inventory Range Over the Past 10 Years
Min: 67.25 Med: 100.34 Max: 158.53
Current: 158.53

During the past 7 years, Wafer Works (Shanghai) Co's highest Days Inventory was 158.53. The lowest was 67.25. And the median was 100.34.

SHSE:688584's Days Inventory is ranked worse than
63.31% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs SHSE:688584: 158.53

Wafer Works (Shanghai) Co's Days Inventory increased from Mar. 2023 (155.50) to Mar. 2024 (177.72). It might indicate that Wafer Works (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. Wafer Works (Shanghai) Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.51.

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. Wafer Works (Shanghai) Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.37.

Wafer Works (Shanghai) Co Days Inventory Historical Data

The historical data trend for Wafer Works (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.

Wafer Works (Shanghai) Co Days Inventory Chart

Wafer Works (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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80.61

109.63

100.34

122.98

149.07

Wafer Works (Shanghai) Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									155.50	158.32	137.13	177.77	177.72

Competitive Comparison of Wafer Works (Shanghai) Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Wafer Works (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.

Wafer Works (Shanghai) Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wafer Works (Shanghai) Co's Days Inventory falls into.

Wafer Works (Shanghai) Co Days Inventory Calculation

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

Wafer Works (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
=	( (346.156	+	340.734)	/	2 )	/	840.91	*	365
=	343.445					/	840.91	*	365
=	149.07

Wafer Works (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
=	( (340.734	+	341.167)	/	2 )	/	175.057	*	365 / 4
=	340.9505					/	175.057	*	365 / 4
=	177.72

Wafer Works (Shanghai) Co (SHSE:688584) 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.

Wafer Works (Shanghai) Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	175.057	/	340.9505
	=	0.51

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.

Wafer Works (Shanghai) Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	340.9505	/	249.074
	=	1.37

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.

Wafer Works (Shanghai) Co Days Inventory Related Terms

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

Wafer Works (Shanghai) Co (SHSE:688584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works (Shanghai) Co Ltd (SHSE:688584) » Definitions » Days Inventory

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Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.

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