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SenseTime Group (HKSE:00020) Days Inventory : 87.55 (As of Dec. 2023)


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What is SenseTime Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SenseTime Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$588 Mil. SenseTime Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,226 Mil. Hence, SenseTime Group's Days Inventory for the six months ended in Dec. 2023 was 87.55.

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

HKSE:00020' s Days Inventory Range Over the Past 10 Years
Min: 53.07   Med: 130.68   Max: 201.42
Current: 108.9

During the past 6 years, SenseTime Group's highest Days Inventory was 201.42. The lowest was 53.07. And the median was 130.68.

HKSE:00020's Days Inventory is ranked worse than
81.09% of 1565 companies
in the Software industry
Industry Median: 19.64 vs HKSE:00020: 108.90

SenseTime Group's Days Inventory declined from Dec. 2022 (140.98) to Dec. 2023 (87.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. SenseTime Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.08.

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. SenseTime Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.27.


SenseTime Group Days Inventory Historical Data

The historical data trend for SenseTime Group'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.

SenseTime Group Days Inventory Chart

SenseTime Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 76.74 201.42 152.51 167.35 108.84

SenseTime Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.94 205.84 140.98 139.48 87.55

Competitive Comparison of SenseTime Group's Days Inventory

For the Software - Application subindustry, SenseTime Group'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.


SenseTime Group's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where SenseTime Group's Days Inventory falls into.



SenseTime Group Days Inventory Calculation

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

SenseTime Group'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
=( (689.136 + 553.592) / 2 ) / 2083.709*365
=621.364 / 2083.709*365
=108.84

SenseTime Group'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
=( (622.408 + 553.592) / 2 ) / 1225.695*365 / 2
=588 / 1225.695*365 / 2
=87.55

* 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.


SenseTime Group  (HKSE:00020) 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.

SenseTime Group's Inventory Turnover for the six months ended in Dec. 2023 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.

SenseTime Group's Inventory to Revenue for the six months ended in Dec. 2023 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.


SenseTime Group Days Inventory Related Terms

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


SenseTime Group (HKSE:00020) Business Description

Traded in Other Exchanges
Address
No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233
SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.

SenseTime Group (HKSE:00020) Headlines

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