Leaguer (Shenzhen) Microelectronics (SHSE:688589) Days Inventory : 137.48 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Leaguer (Shenzhen) Microelectronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leaguer (Shenzhen) Microelectronics's Average Total Inventories for the three months ended in Mar. 2024 was ¥93.4 Mil. Leaguer (Shenzhen) Microelectronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥62.0 Mil. Hence, Leaguer (Shenzhen) Microelectronics's Days Inventory for the three months ended in Mar. 2024 was 137.48.

The historical rank and industry rank for Leaguer (Shenzhen) Microelectronics's Days Inventory or its related term are showing as below:

SHSE:688589' s Days Inventory Range Over the Past 10 Years
Min: 80.85 Med: 138.72 Max: 284.24
Current: 128.19

During the past 11 years, Leaguer (Shenzhen) Microelectronics's highest Days Inventory was 284.24. The lowest was 80.85. And the median was 138.72.

SHSE:688589's Days Inventory is ranked better than
51.27% of 944 companies
in the Semiconductors industry
Industry Median: 130.215 vs SHSE:688589: 128.19

Leaguer (Shenzhen) Microelectronics's Days Inventory declined from Mar. 2023 (171.26) to Mar. 2024 (137.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Leaguer (Shenzhen) Microelectronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. Leaguer (Shenzhen) Microelectronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.72.

Leaguer (Shenzhen) Microelectronics Days Inventory Historical Data

The historical data trend for Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics Days Inventory Chart

Leaguer (Shenzhen) Microelectronics Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

161.22

186.54

115.96

116.21

108.98

Leaguer (Shenzhen) Microelectronics 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															171.26	161.81	103.05	125.06	137.48

Competitive Comparison of Leaguer (Shenzhen) Microelectronics's Days Inventory

For the Semiconductors subindustry, Leaguer (Shenzhen) Microelectronics'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.

Leaguer (Shenzhen) Microelectronics's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Leaguer (Shenzhen) Microelectronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leaguer (Shenzhen) Microelectronics's Days Inventory falls into.

Leaguer (Shenzhen) Microelectronics Days Inventory Calculation

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

Leaguer (Shenzhen) Microelectronics'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
=	( (112.548	+	88.323)	/	2 )	/	336.375	*	365
=	100.4355					/	336.375	*	365
=	108.98

Leaguer (Shenzhen) Microelectronics'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
=	( (88.323	+	98.444)	/	2 )	/	61.983	*	365 / 4
=	93.3835					/	61.983	*	365 / 4
=	137.48

Leaguer (Shenzhen) Microelectronics (SHSE:688589) 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.

Leaguer (Shenzhen) Microelectronics's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.983	/	93.3835
	=	0.66

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.

Leaguer (Shenzhen) Microelectronics's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	93.3835	/	129.861
	=	0.72

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.

Leaguer (Shenzhen) Microelectronics Days Inventory Related Terms

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

Leaguer (Shenzhen) Microelectronics (SHSE:688589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Leaguer (Shenzhen) Microelectronics Corp (SHSE:688589) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xili Street, 1101, 11th Floor, Research Building, High-tech Industrial Park, Tsinghua Information Port, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.leaguerme.com

Leaguer (Shenzhen) Microelectronics Corp is engaged in independent research and development of the core basic technology and underlying algorithms of the Internet of Things communication and integrate the research and development results into the independently designed Internet of Things communication chip. It is an IC company focusing on power line communication (PLC) ASIC products and module solutions for smart things connectivity. Its products include ASIC Chips & Solutions for Smart Things Connectivity and Narrow-band & High-speed PLC Technology and IC.

Executives

Feng Zhen Gang	Director
Gao Feng	senior management
Huang Xing Ping	Directors, senior managers
Chen Li Heng	Directors, senior managers, core technical personn
Zhang Zhi Yu	Senior management, core technical personnel
Wu Ying	senior management
Zhong Li Hui	senior management
	Directors, senior managers, core technical personn
Li Hai Xia	senior management
Zhu Yong	Core technical personnel
Zhou Xiao Xin	Core technical personnel
Zhou Shi Quan	senior management
Cao Xin Yu	Supervisors

Leaguer (Shenzhen) Microelectronics (SHSE:688589) Headlines

No Headlines