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Beijing Fourth Paradigm Technology Co (HKSE:06682) Days Inventory : 53.53 (As of Dec. 2023)


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What is Beijing Fourth Paradigm Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Fourth Paradigm Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$357 Mil. Beijing Fourth Paradigm Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,433 Mil. Hence, Beijing Fourth Paradigm Technology Co's Days Inventory for the six months ended in Dec. 2023 was 26.76.

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

HKSE:06682' s Days Inventory Range Over the Past 10 Years
Min: 20.07   Med: 44.91   Max: 63.14
Current: 53.53

During the past 4 years, Beijing Fourth Paradigm Technology Co's highest Days Inventory was 63.14. The lowest was 20.07. And the median was 44.91.

HKSE:06682's Days Inventory is ranked worse than
68.65% of 1563 companies
in the Software industry
Industry Median: 18.88 vs HKSE:06682: 53.53

Beijing Fourth Paradigm Technology Co's Days Inventory increased from Dec. 2021 (36.29) to Dec. 2023 (53.53). It might indicate that Beijing Fourth Paradigm Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Fourth Paradigm Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 6.82.

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 Fourth Paradigm Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


Beijing Fourth Paradigm Technology Co Days Inventory Historical Data

The historical data trend for Beijing Fourth Paradigm Technology 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.

Beijing Fourth Paradigm Technology Co Days Inventory Chart

Beijing Fourth Paradigm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
20.07 36.29 63.14 53.53

Beijing Fourth Paradigm Technology Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Inventory 20.07 36.29 63.14 53.53

Competitive Comparison of Beijing Fourth Paradigm Technology Co's Days Inventory

For the Software - Infrastructure subindustry, Beijing Fourth Paradigm Technology 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.


Beijing Fourth Paradigm Technology Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Beijing Fourth Paradigm Technology Co's Days Inventory falls into.



Beijing Fourth Paradigm Technology Co Days Inventory Calculation

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

Beijing Fourth Paradigm Technology 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
=( (390.707 + 322.951) / 2 ) / 2433.214*365
=356.829 / 2433.214*365
=53.53

Beijing Fourth Paradigm Technology Co'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (390.707 + 322.951) / 2 ) / 2433.214*365 / 2
=356.829 / 2433.214*365 / 2
=26.76

* 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 Fourth Paradigm Technology Co  (HKSE:06682) 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 Fourth Paradigm Technology Co'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.

Beijing Fourth Paradigm Technology Co'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.


Beijing Fourth Paradigm Technology Co Days Inventory Related Terms

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


Beijing Fourth Paradigm Technology Co (HKSE:06682) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Qinghe Middle Street, No. L01301-1, Level 13 Building 1, Haidian, Beijing, CHN
Beijing Fourth Paradigm Technology Co Ltd is a leader in enterprise AI. It is an AI software company that focuses on providing platform-centric AI software that enables enterprises to develop their own decision-making AI applications. Its enterprise-level solutions are designed to serve enterprises, rather than individuals. It offers platform-centric AI solutions that can be rapidly deployed by enterprises on a large scale to uncover hidden patterns in data and comprehensively enhance their decision-making capabilities.
Executives
Hongshan Capital Venture Fund V, L.p.
Hsg Holding Limited
Hsg Venture V Management, L.p.
Hsg Venture V-mars (hk) Limited
Snp China Enterprises Limited
Shen Nan Peng
He Nan Guo Xin Qi Di Ji Jin Guan Li You Xian Gong Si
He Nan Guo Xin Qi Di Gu Quan Tou Zi Ji Jin You Xian He Huo
Smart Dynamic Limited 2201 Interest of corporation controlled by you
Bei Jing Chuang Xin Gong Chang Chuang Ye Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Bei Jing Hu Lian Chuang Xin Gong Chang Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Pu Rui Gu Quan Tou Zi Tian Jin He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Pu Rui Guan Li Zi Xun Tian Jin You Xian Gong Si 2201 Interest of corporation controlled by you

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