Shenzhen Techwinsemi Technology Co (SZSE:001309) Days Inventory : 396.56 (As of Mar. 2024)

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What is Shenzhen Techwinsemi Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Techwinsemi Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥2,210 Mil. Shenzhen Techwinsemi Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥509 Mil. Hence, Shenzhen Techwinsemi Technology Co's Days Inventory for the three months ended in Mar. 2024 was 396.56.

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

SZSE:001309' s Days Inventory Range Over the Past 10 Years
Min: 79.52 Med: 212.67 Max: 335.41
Current: 335.41

During the past 7 years, Shenzhen Techwinsemi Technology Co's highest Days Inventory was 335.41. The lowest was 79.52. And the median was 212.67.

SZSE:001309's Days Inventory is ranked worse than
88.96% of 942 companies
in the Semiconductors industry
Industry Median: 129.195 vs SZSE:001309: 335.41

Shenzhen Techwinsemi Technology Co's Days Inventory increased from Mar. 2023 (257.95) to Mar. 2024 (396.56). It might indicate that Shenzhen Techwinsemi Technology 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. Shenzhen Techwinsemi Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.23.

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. Shenzhen Techwinsemi Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.73.

Shenzhen Techwinsemi Technology Co Days Inventory Historical Data

The historical data trend for Shenzhen Techwinsemi 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.

* Premium members only.

Shenzhen Techwinsemi Technology Co Days Inventory Chart

Shenzhen Techwinsemi Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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157.36

204.93

212.67

244.51

331.37

Shenzhen Techwinsemi Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial													257.95	280.55	321.71	299.29	396.56

Competitive Comparison of Shenzhen Techwinsemi Technology Co's Days Inventory

For the Semiconductors subindustry, Shenzhen Techwinsemi 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.

Shenzhen Techwinsemi Technology Co's Days Inventory Distribution in the Semiconductors Industry

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

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

Shenzhen Techwinsemi Technology Co Days Inventory Calculation

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

Shenzhen Techwinsemi 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
=	( (755.447	+	1932.01)	/	2 )	/	1480.09	*	365
=	1343.7285					/	1480.09	*	365
=	331.37

Shenzhen Techwinsemi 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
=	( (1932.01	+	2487.967)	/	2 )	/	508.53	*	365 / 4
=	2209.9885					/	508.53	*	365 / 4
=	396.56

Shenzhen Techwinsemi Technology Co (SZSE:001309) 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.

Shenzhen Techwinsemi 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
	=	508.53	/	2209.9885
	=	0.23

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2209.9885	/	810.87
	=	2.73

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.

Shenzhen Techwinsemi Technology Co Days Inventory Related Terms

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

Shenzhen Techwinsemi Technology Co (SZSE:001309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Techwinsemi Technology Co Ltd (SZSE:001309) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 136, Zhongkang Road, Meilin Street, Room 2501, 2401, Block A, Building 1, Meidu Community, Shenzhen New Generation Industrial Park, Futian District, Guangdong Province, Shenzhen, CHN, 518000

Website

Shenzhen Techwinsemi Technology Co Ltd is engaged in the design, research and development of integrated circuits and industrial applications.

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