The historical rank and industry rank for Yimikang Tech Group Co's Days Inventory or its related term are showing as below:
SZSE:300249'
s Days Inventory Range Over the Past 10 Years
Min: 93.08 Med: 144.12 Max: 201.7
Current: 129.75
During the past 13 years, Yimikang Tech Group Co's highest Days Inventory was 201.70. The lowest was 93.08. And the median was 144.12.
SZSE:300249's Days Inventory is ranked worse than 62.15% of 2407
companies
in the Hardware industry
Industry Median: 101.86
vs SZSE:300249: 129.75
Yimikang Tech Group Co's Days Inventory
declined
from Mar. 2023 (439.30) to Mar. 2024 (84.53).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Yimikang Tech Group Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.08.
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.
Yimikang Tech Group Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.74.
Yimikang Tech Group Co Days Inventory Historical Data
The historical data trend for Yimikang Tech Group 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 Yimikang Tech Group Co's Days Inventory
For the Electronic Components subindustry, Yimikang Tech Group 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.
Yimikang Tech Group Co's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Yimikang Tech Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Yimikang Tech Group Co's Days Inventory falls into.
Yimikang Tech Group Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Yimikang Tech Group 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.
Yimikang Tech Group Co (SZSE:300249) 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.
Yimikang Tech Group 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.
Yimikang Tech Group 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.
Yimikang Tech Group Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Yimikang Tech Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Yimikang Tech Group Co (SZSE:300249) Business Description
Yimikang Tech Group Co Ltd offers precision environment integrated solutions & services. It provides technology and solution services for IT construction, large healthcare construction, environmental governance and other cloud computing data centers. It operates in the business areas of the Information field, Medical field, and Environmental protection field. In the Information field, the company offers advanced products and total solutions in the fields of communication equipment, data center, smart building, and energy management. In the Medical field, it offers medical purification engineering, hospital's overall logistics system and medical equipment sales, and other services. Environmental protection consists of operation in the field of dust removal, desulfurization and out of stock.
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