Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Days Inventory : 172.38 (As of Mar. 2024)

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What is Guangdong Dongfang Precision Science & Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangdong Dongfang Precision Science & Tech Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,223 Mil. Guangdong Dongfang Precision Science & Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥648 Mil. Hence, Guangdong Dongfang Precision Science & Tech Co's Days Inventory for the three months ended in Mar. 2024 was 172.38.

The historical rank and industry rank for Guangdong Dongfang Precision Science & Tech Co's Days Inventory or its related term are showing as below:

SZSE:002611' s Days Inventory Range Over the Past 10 Years
Min: 35.4 Med: 118.29 Max: 139.39
Current: 139.39

During the past 13 years, Guangdong Dongfang Precision Science & Tech Co's highest Days Inventory was 139.39. The lowest was 35.40. And the median was 118.29.

SZSE:002611's Days Inventory is ranked worse than
58.23% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SZSE:002611: 139.39

Guangdong Dongfang Precision Science & Tech Co's Days Inventory increased from Mar. 2023 (163.00) to Mar. 2024 (172.38). It might indicate that Guangdong Dongfang Precision Science & Tech Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Dongfang Precision Science & Tech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.53.

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. Guangdong Dongfang Precision Science & Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.31.

Guangdong Dongfang Precision Science & Tech Co Days Inventory Historical Data

The historical data trend for Guangdong Dongfang Precision Science & Tech 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.

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Guangdong Dongfang Precision Science & Tech Co Days Inventory Chart

Guangdong Dongfang Precision Science & Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

35.40

122.20

114.38

126.27

123.61

Guangdong Dongfang Precision Science & Tech 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															163.00	146.61	137.63	115.91	172.38

Competitive Comparison of Guangdong Dongfang Precision Science & Tech Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Guangdong Dongfang Precision Science & Tech 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.

Guangdong Dongfang Precision Science & Tech Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Dongfang Precision Science & Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangdong Dongfang Precision Science & Tech Co's Days Inventory falls into.

Guangdong Dongfang Precision Science & Tech Co Days Inventory Calculation

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

Guangdong Dongfang Precision Science & Tech 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
=	( (1092.982	+	1182.411)	/	2 )	/	3359.528	*	365
=	1137.6965					/	3359.528	*	365
=	123.61

Guangdong Dongfang Precision Science & Tech 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
=	( (1182.411	+	1264.251)	/	2 )	/	647.572	*	365 / 4
=	1223.331					/	647.572	*	365 / 4
=	172.38

Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) 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.

Guangdong Dongfang Precision Science & Tech Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	647.572	/	1223.331
	=	0.53

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.

Guangdong Dongfang Precision Science & Tech Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1223.331	/	935.145
	=	1.31

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.

Guangdong Dongfang Precision Science & Tech Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Guangdong Dongfang Precision Science & Tech Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Dongfang Precision Science & Tech Co Ltd (SZSE:002611) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Zhenqiangshi Road, Nanhai District, Guangdong Province, Foshan, CHN

Website

https://www.df-global.cn

Guangdong Dongfang Precision Science & Tech Co Ltd is a China-based company that engages in the process, manufacture, and sale of carton printing equipment and accessories. The main products of the company's intelligent packaging equipment business include corrugated cardboard production line, corrugated box printing complete production line, pre-press, post-press intelligent automation equipment, and automated logistics systems. Some of the company's standalone printing products equipment include TOPRA AD, TOPRA GT, APSTAR HG 2, and APSTAR HS. The company's products are exported to more than 30 countries and regions, including Europe, America, Asia, Africa, Latin America, and Oceania.

Executives

Xie Wei Wei	Directors, executives
Qiu Ye Zhi	Directors, executives
Li Ke Tian	Independent director
Yang Ya Li	Directors, executives
Tang Zhuo Mian	Director
Tang Zhuo Lin	Director
Tang Yan Ling	Supervisors
Cen Mei Ling	Supervisors

Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Headlines

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