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Jiangsu Jiejie Microelectronics Co (SZSE:300623) Days Inventory : 152.10 (As of Mar. 2024)


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What is Jiangsu Jiejie Microelectronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Jiejie Microelectronics Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥537 Mil. Jiangsu Jiejie Microelectronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥322 Mil. Hence, Jiangsu Jiejie Microelectronics Co's Days Inventory for the three months ended in Mar. 2024 was 152.10.

The historical rank and industry rank for Jiangsu Jiejie Microelectronics Co's Days Inventory or its related term are showing as below:

SZSE:300623' s Days Inventory Range Over the Past 10 Years
Min: 90.44   Med: 121.56   Max: 142.31
Current: 136.43

During the past 13 years, Jiangsu Jiejie Microelectronics Co's highest Days Inventory was 142.31. The lowest was 90.44. And the median was 121.56.

SZSE:300623's Days Inventory is ranked worse than
53.55% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs SZSE:300623: 136.43

Jiangsu Jiejie Microelectronics Co's Days Inventory declined from Mar. 2023 (183.17) to Mar. 2024 (152.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Jiejie Microelectronics Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.60.

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. Jiangsu Jiejie Microelectronics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.03.


Jiangsu Jiejie Microelectronics Co Days Inventory Historical Data

The historical data trend for Jiangsu Jiejie Microelectronics 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.

Jiangsu Jiejie Microelectronics Co Days Inventory Chart

Jiangsu Jiejie Microelectronics 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 108.20 93.25 90.44 136.38 130.56

Jiangsu Jiejie Microelectronics 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 183.17 158.90 140.01 101.26 152.10

Competitive Comparison of Jiangsu Jiejie Microelectronics Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Jiangsu Jiejie Microelectronics 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.


Jiangsu Jiejie Microelectronics Co's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Jiangsu Jiejie Microelectronics Co's Days Inventory falls into.



Jiangsu Jiejie Microelectronics Co Days Inventory Calculation

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

Jiangsu Jiejie Microelectronics 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
=( (508.31 + 484.332) / 2 ) / 1387.513*365
=496.321 / 1387.513*365
=130.56

Jiangsu Jiejie Microelectronics 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
=( (484.332 + 589.125) / 2 ) / 321.997*365 / 4
=536.7285 / 321.997*365 / 4
=152.10

* 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.


Jiangsu Jiejie Microelectronics Co  (SZSE:300623) 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.

Jiangsu Jiejie Microelectronics 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.

Jiangsu Jiejie Microelectronics 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.


Jiangsu Jiejie Microelectronics Co Days Inventory Related Terms

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


Jiangsu Jiejie Microelectronics Co (SZSE:300623) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Xinglong Road, Science and Technology Pioneer Park, Jiangsu Province, Qidong, CHN, 226200
Jiangsu Jiejie Microelectronics Co Ltd manufactures semiconductor discrete devices and power electronic components in China. Some of its key products include bidirectional thyristor, unidirectional thyristor, low junction capacitor discharge tube, TVS and other protection devices, high voltage rectification Diodes and power-type switching transistors. The entity sells its products in China, and also exports it to various other countries.
Executives
Huang Shan Bing Director
Zhang Zu Lei Director
Shen Xin Xin Directors, executives
Sun Jia Xun Executives
Wang Cheng Sen Directors, executives
Zhang Chao Executives
Li Zhong Lin Director
Xue Zhi Xiang Supervisors
Yan Cheng Xiang Executives
Qian Qing You Supervisors

Jiangsu Jiejie Microelectronics Co (SZSE:300623) Headlines

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