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Fengzhushou Co (SZSE:301382) Days Inventory : 9.53 (As of Mar. 2024)


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What is Fengzhushou Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fengzhushou Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥29 Mil. Fengzhushou Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥273 Mil. Hence, Fengzhushou Co's Days Inventory for the three months ended in Mar. 2024 was 9.53.

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

SZSE:301382' s Days Inventory Range Over the Past 10 Years
Min: 5.04   Med: 14.87   Max: 17.69
Current: 8.21

During the past 7 years, Fengzhushou Co's highest Days Inventory was 17.69. The lowest was 5.04. And the median was 14.87.

SZSE:301382's Days Inventory is ranked better than
63.87% of 1561 companies
in the Software industry
Industry Median: 19.53 vs SZSE:301382: 8.21

Fengzhushou Co's Days Inventory declined from Mar. 2023 (9.87) to Mar. 2024 (9.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fengzhushou Co's Inventory Turnover for the three months ended in Mar. 2024 was 9.58.

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. Fengzhushou Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.


Fengzhushou Co Days Inventory Historical Data

The historical data trend for Fengzhushou 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.

Fengzhushou Co Days Inventory Chart

Fengzhushou Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 17.25 17.17 - 17.69 8.54

Fengzhushou Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 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 9.87 7.58 7.58 7.77 9.53

Competitive Comparison of Fengzhushou Co's Days Inventory

For the Software - Application subindustry, Fengzhushou 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.


Fengzhushou Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Fengzhushou Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fengzhushou Co's Days Inventory falls into.



Fengzhushou Co Days Inventory Calculation

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

Fengzhushou 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
=( (16.084 + 25.834) / 2 ) / 895.527*365
=20.959 / 895.527*365
=8.54

Fengzhushou 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
=( (25.834 + 31.259) / 2 ) / 273.368*365 / 4
=28.5465 / 273.368*365 / 4
=9.53

* 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.


Fengzhushou Co  (SZSE:301382) 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.

Fengzhushou 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.

Fengzhushou 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.


Fengzhushou Co Days Inventory Related Terms

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


Fengzhushou Co (SZSE:301382) Business Description

Traded in Other Exchanges
N/A
Address
No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655
Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.
Executives
Luo Hong Peng Directors, executives
Ma Da Liang Supervisors
Ding Jing Lei Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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