XIAO-I (XIAO-I) Days Inventory : 5.11 (As of Dec. 2023)

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What is XIAO-I Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). XIAO-I's Average Total Inventories for the six months ended in Dec. 2023 was $0.38 Mil. XIAO-I's Cost of Goods Sold for the six months ended in Dec. 2023 was $13.74 Mil. Hence, XIAO-I's Days Inventory for the six months ended in Dec. 2023 was 5.11.

The historical rank and industry rank for XIAO-I's Days Inventory or its related term are showing as below:

AIXI' s Days Inventory Range Over the Past 10 Years
Min: 7.73 Med: 14.97 Max: 17.47
Current: 9.47

During the past 4 years, XIAO-I's highest Days Inventory was 17.47. The lowest was 7.73. And the median was 14.97.

AIXI's Days Inventory is ranked better than
60.92% of 1561 companies
in the Software industry
Industry Median: 19.5 vs AIXI: 9.47

XIAO-I's Days Inventory declined from Dec. 2022 (6.93) to Dec. 2023 (5.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. XIAO-I's Inventory Turnover for the six months ended in Dec. 2023 was 35.72.

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. XIAO-I's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

XIAO-I Days Inventory Historical Data

The historical data trend for XIAO-I'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.

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XIAO-I Days Inventory Chart

XIAO-I Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

13.79

17.47

16.14

7.73

XIAO-I Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			19.26	25.49	6.93	22.32	5.11

Competitive Comparison of XIAO-I's Days Inventory

For the Software - Application subindustry, XIAO-I'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.

XIAO-I's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, XIAO-I's Days Inventory distribution charts can be found below:

* The bar in red indicates where XIAO-I's Days Inventory falls into.

XIAO-I Days Inventory Calculation

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

XIAO-I'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
=	( (0.768	+	0.068)	/	2 )	/	19.741	*	365
=	0.418					/	19.741	*	365
=	7.73

XIAO-I's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.701	+	0.068)	/	2 )	/	13.736	*	365 / 2
=	0.3845					/	13.736	*	365 / 2
=	5.11

XIAO-I (NAS:AIXI) 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.

XIAO-I's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.736	/	0.3845
	=	35.72

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.

XIAO-I's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3845	/	32.69
	=	0.01

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.

XIAO-I Days Inventory Related Terms

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

XIAO-I (XIAO-I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XIAO-I Corp (NAS:AIXI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1555, West Jinshajiang Road, 7th floor, Building 398, Shanghai, CHN, 201803

Website

https://www.xiaoi.com

XIAO-I Corp is an AI industrialization company focusing on the AI Cognitive Intelligence platform. The platform combines six core technologies including Natural Language Processing, Speech Processing, Computer Vision, Machine Learning, Affective Computing, Data Intelligence, and Hyper- automation. Based on the platform, The company developed products and solutions in the fields of Al+ Contact Center, Al+ Finance, Al+ City Public Service, Al+ Architecture, Al+ Metaverse, Al+ Manufacturing, and Al+ Healthcare. It generates revenue from the sale of software products and services, M&S services, and the sale of cloud platform products.