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Beijing Paratera Tech (BJSE:839493) Days Inventory : 98.01 (As of Mar. 2024)


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What is Beijing Paratera Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Paratera Tech's Average Total Inventories for the three months ended in Mar. 2024 was ¥92.3 Mil. Beijing Paratera Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥85.9 Mil. Hence, Beijing Paratera Tech's Days Inventory for the three months ended in Mar. 2024 was 98.01.

The historical rank and industry rank for Beijing Paratera Tech's Days Inventory or its related term are showing as below:

BJSE:839493' s Days Inventory Range Over the Past 10 Years
Min: 2.68   Med: 25.97   Max: 97.71
Current: 73.4

During the past 10 years, Beijing Paratera Tech's highest Days Inventory was 97.71. The lowest was 2.68. And the median was 25.97.

BJSE:839493's Days Inventory is ranked worse than
73.61% of 1561 companies
in the Software industry
Industry Median: 19.46 vs BJSE:839493: 73.40

Beijing Paratera Tech's Days Inventory increased from Mar. 2023 (73.47) to Mar. 2024 (98.01). It might indicate that Beijing Paratera Tech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Paratera Tech's Inventory Turnover for the three months ended in Mar. 2024 was 0.93.

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. Beijing Paratera Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Beijing Paratera Tech Days Inventory Historical Data

The historical data trend for Beijing Paratera Tech'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.

Beijing Paratera Tech Days Inventory Chart

Beijing Paratera Tech 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 16.87 97.71 79.81 88.33 80.52

Beijing Paratera Tech Quarterly Data
Dec18 Jun19 Sep19 Dec19 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 73.47 66.14 68.41 64.73 98.01

Competitive Comparison of Beijing Paratera Tech's Days Inventory

For the Software - Infrastructure subindustry, Beijing Paratera Tech'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.


Beijing Paratera Tech's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Paratera Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Paratera Tech's Days Inventory falls into.



Beijing Paratera Tech Days Inventory Calculation

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

Beijing Paratera Tech'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
=( (75.389 + 87.242) / 2 ) / 368.622*365
=81.3155 / 368.622*365
=80.52

Beijing Paratera Tech'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
=( (87.242 + 97.324) / 2 ) / 85.918*365 / 4
=92.283 / 85.918*365 / 4
=98.01

* 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.


Beijing Paratera Tech  (BJSE:839493) 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.

Beijing Paratera Tech'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.

Beijing Paratera Tech'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.


Beijing Paratera Tech Days Inventory Related Terms

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


Beijing Paratera Tech (BJSE:839493) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094
Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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