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Shenzhen Fine Made Electronics Group Co (SZSE:300671) Days Inventory : 309.78 (As of Mar. 2024)


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What is Shenzhen Fine Made Electronics Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Fine Made Electronics Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥430.4 Mil. Shenzhen Fine Made Electronics Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥126.8 Mil. Hence, Shenzhen Fine Made Electronics Group Co's Days Inventory for the three months ended in Mar. 2024 was 309.78.

The historical rank and industry rank for Shenzhen Fine Made Electronics Group Co's Days Inventory or its related term are showing as below:

SZSE:300671' s Days Inventory Range Over the Past 10 Years
Min: 140.51   Med: 190.78   Max: 259.95
Current: 259.95

During the past 10 years, Shenzhen Fine Made Electronics Group Co's highest Days Inventory was 259.95. The lowest was 140.51. And the median was 190.78.

SZSE:300671's Days Inventory is ranked worse than
82.38% of 942 companies
in the Semiconductors industry
Industry Median: 130.36 vs SZSE:300671: 259.95

Shenzhen Fine Made Electronics Group Co's Days Inventory declined from Mar. 2023 (384.90) to Mar. 2024 (309.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Fine Made Electronics Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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. Shenzhen Fine Made Electronics Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.96.


Shenzhen Fine Made Electronics Group Co Days Inventory Historical Data

The historical data trend for Shenzhen Fine Made Electronics 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.

* Premium members only.

Shenzhen Fine Made Electronics Group Co Days Inventory Chart

Shenzhen Fine Made Electronics Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.07 176.10 140.51 179.25 257.09

Shenzhen Fine Made Electronics Group 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 384.90 246.62 245.31 243.48 309.78

Competitive Comparison of Shenzhen Fine Made Electronics Group Co's Days Inventory

For the Semiconductors subindustry, Shenzhen Fine Made Electronics 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.


Shenzhen Fine Made Electronics Group Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Fine Made Electronics Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Fine Made Electronics Group Co's Days Inventory falls into.



Shenzhen Fine Made Electronics Group Co Days Inventory Calculation

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

Shenzhen Fine Made Electronics Group Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (372.641 + 503.655) / 2 ) / 622.053*365
=438.148 / 622.053*365
=257.09

Shenzhen Fine Made Electronics Group 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
=( (413.229 + 447.624) / 2 ) / 126.788*365 / 4
=430.4265 / 126.788*365 / 4
=309.78

* 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.


Shenzhen Fine Made Electronics Group Co  (SZSE:300671) 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.

Shenzhen Fine Made Electronics 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.

Shenzhen Fine Made Electronics 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.


Shenzhen Fine Made Electronics Group Co Days Inventory Related Terms

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Shenzhen Fine Made Electronics Group Co (SZSE:300671) Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, West District, Times Technology Building, Nongyuan Road, Xiangmihu Street, Futian District, Guangdong Province, Shenzhen, CHN, 518048
Shenzhen Fine Made Electronics Group Co Ltd is an integrated circuit design enterprises. It is engaged in the design, research and development, production and operation of high-performance analog and digital-analog hybrid integrated circuits. Its product portfolio comprises power management, LED control and drive, MOSFET class, infrared remote control class and other consumer products.

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