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Zhejiang Dahua Technology Co (SZSE:002236) Days Inventory : 138.14 (As of Mar. 2024)


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What is Zhejiang Dahua Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Dahua Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥5,438 Mil. Zhejiang Dahua Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,592 Mil. Hence, Zhejiang Dahua Technology Co's Days Inventory for the three months ended in Mar. 2024 was 138.14.

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

SZSE:002236' s Days Inventory Range Over the Past 10 Years
Min: 71.69   Med: 86.21   Max: 135.75
Current: 116.46

During the past 13 years, Zhejiang Dahua Technology Co's highest Days Inventory was 135.75. The lowest was 71.69. And the median was 86.21.

SZSE:002236's Days Inventory is ranked worse than
77.79% of 680 companies
in the Business Services industry
Industry Median: 29.67 vs SZSE:002236: 116.46

Zhejiang Dahua Technology Co's Days Inventory declined from Mar. 2023 (186.57) to Mar. 2024 (138.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Dahua Technology Co'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. Zhejiang Dahua Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.88.


Zhejiang Dahua Technology Co Days Inventory Historical Data

The historical data trend for Zhejiang Dahua 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.

Zhejiang Dahua Technology Co Days Inventory Chart

Zhejiang Dahua Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.50 105.52 106.80 135.75 123.60

Zhejiang Dahua 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.57 121.60 127.27 88.10 138.14

Competitive Comparison of Zhejiang Dahua Technology Co's Days Inventory

For the Security & Protection Services subindustry, Zhejiang Dahua 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.


Zhejiang Dahua Technology Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zhejiang Dahua Technology Co's Days Inventory distribution charts can be found below:

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



Zhejiang Dahua Technology Co Days Inventory Calculation

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

Zhejiang Dahua 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
=( (7315.372 + 5332.609) / 2 ) / 18674.971*365
=6323.9905 / 18674.971*365
=123.60

Zhejiang Dahua 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
=( (5332.609 + 5543.184) / 2 ) / 3591.955*365 / 4
=5437.8965 / 3591.955*365 / 4
=138.14

* 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.


Zhejiang Dahua Technology Co  (SZSE:002236) 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.

Zhejiang Dahua Technology 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.

Zhejiang Dahua Technology 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.


Zhejiang Dahua Technology Co Days Inventory Related Terms

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Zhejiang Dahua Technology Co (SZSE:002236) Business Description

Traded in Other Exchanges
N/A
Address
No. 1187 Bin'an Road, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Zhejiang Dahua Technology Co Ltd is engaged in the production of security and surveillance products. The product offered by the company includes transmission products, cloud products, display products, video conference products, drone, Smart fire protection, and others. These products are used for city operations, business management, personal consumer life, and others.

Zhejiang Dahua Technology Co (SZSE:002236) Headlines

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