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FS Development Investment Holdings (SZSE:300071) Days Inventory : 0.12 (As of Mar. 2024)


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What is FS Development Investment Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FS Development Investment Holdings's Average Total Inventories for the three months ended in Mar. 2024 was ¥0 Mil. FS Development Investment Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥259 Mil. Hence, FS Development Investment Holdings's Days Inventory for the three months ended in Mar. 2024 was 0.12.

The historical rank and industry rank for FS Development Investment Holdings's Days Inventory or its related term are showing as below:

SZSE:300071' s Days Inventory Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.42
Current: 0.11

During the past 13 years, FS Development Investment Holdings's highest Days Inventory was 0.42. The lowest was 0.01. And the median was 0.08.

SZSE:300071's Days Inventory is ranked better than
98.64% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs SZSE:300071: 0.11

FS Development Investment Holdings's Days Inventory increased from Mar. 2023 (0.02) to Mar. 2024 (0.12). It might indicate that FS Development Investment Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FS Development Investment Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 775.55.

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. FS Development Investment Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


FS Development Investment Holdings Days Inventory Historical Data

The historical data trend for FS Development Investment Holdings'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.

FS Development Investment Holdings Days Inventory Chart

FS Development Investment Holdings 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 - 0.42 0.40 0.01 0.07

FS Development Investment Holdings 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 0.02 - 0.12 0.10 0.12

Competitive Comparison of FS Development Investment Holdings's Days Inventory

For the Advertising Agencies subindustry, FS Development Investment Holdings'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.


FS Development Investment Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FS Development Investment Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where FS Development Investment Holdings's Days Inventory falls into.



FS Development Investment Holdings Days Inventory Calculation

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

FS Development Investment Holdings'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
=( (0.033 + 0.366) / 2 ) / 1085.336*365
=0.1995 / 1085.336*365
=0.07

FS Development Investment Holdings'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
=( (0.366 + 0.303) / 2 ) / 259.42*365 / 4
=0.3345 / 259.42*365 / 4
=0.12

* 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.


FS Development Investment Holdings  (SZSE:300071) 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.

FS Development Investment Holdings'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.

FS Development Investment Holdings'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.


FS Development Investment Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of FS Development Investment Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


FS Development Investment Holdings (SZSE:300071) Business Description

Traded in Other Exchanges
N/A
Address
Yard 30, Shixing Street, Room 512, Building 8, Shijingshan District, Beijing, CHN, 100005
FS Development Investment Holdings formerly Spearhead Integrated Marketing Communication Group is an offline marketing service provider. It is engaged in public relations advertising, digital marketing, content marketing, big data marketing.
Executives
Chen Yong Liang Directors, executives
Li Ling Bo Executives
Chen Zhong Hua Director
Xie Tao Supervisors

FS Development Investment Holdings (SZSE:300071) Headlines

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