The historical rank and industry rank for Skyworth Digital Co's Days Inventory or its related term are showing as below:
SZSE:000810'
s Days Inventory Range Over the Past 10 Years
Min: 40.92 Med: 67.39 Max: 74.32
Current: 71.16
During the past 13 years, Skyworth Digital Co's highest Days Inventory was 74.32. The lowest was 40.92. And the median was 67.39.
SZSE:000810's Days Inventory is ranked better than 68.87% of 2406
companies
in the Hardware industry
Industry Median: 101.86
vs SZSE:000810: 71.16
Skyworth Digital Co's Days Inventory
increased
from Mar. 2023 (83.58) to Mar. 2024 (85.76).
It might indicate that Skyworth Digital Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Skyworth Digital Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.06.
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.
Skyworth Digital Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.80.
Skyworth Digital Co Days Inventory Historical Data
The historical data trend for Skyworth Digital 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.
Competitive Comparison of Skyworth Digital Co's Days Inventory
For the Communication Equipment subindustry, Skyworth Digital 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.
Skyworth Digital Co's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Skyworth Digital Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Skyworth Digital Co's Days Inventory falls into.
Skyworth Digital Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Skyworth Digital Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Skyworth Digital Co (SZSE:000810) 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.
Skyworth Digital 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.
Skyworth Digital 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.
Skyworth Digital Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Skyworth Digital Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Skyworth Digital Co (SZSE:000810) Business Description
Skyworth Digital Co Ltd is engaged in providing digital TV products and services. It offers Digital TV set-top boxes, digital televisions, smart networking devices, IPTV solutions, network access devices, car electronics, and car networking equipment. Geographically, the business presence of the group can be seen in India, Africa, South East Asia as well as Europe and the Americas.
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