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Intchains Group (Intchains Group) Days Inventory : 311.47 (As of Dec. 2023)


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What is Intchains Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intchains Group's Average Total Inventories for the three months ended in Dec. 2023 was $6.76 Mil. Intchains Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.98 Mil. Hence, Intchains Group's Days Inventory for the three months ended in Dec. 2023 was 311.47.

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

ICG' s Days Inventory Range Over the Past 10 Years
Min: 121.8   Med: 225.65   Max: 332.1
Current: 332.1

During the past 5 years, Intchains Group's highest Days Inventory was 332.10. The lowest was 121.80. And the median was 225.65.

ICG's Days Inventory is ranked worse than
88.54% of 942 companies
in the Semiconductors industry
Industry Median: 130.36 vs ICG: 332.10

Intchains Group's Days Inventory declined from Dec. 2022 (351.08) to Dec. 2023 (311.47).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intchains Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.29.

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. Intchains Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.36.


Intchains Group Days Inventory Historical Data

The historical data trend for Intchains 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.

Intchains Group Days Inventory Chart

Intchains Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- 148.33 121.80 316.52 302.96

Intchains Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 351.08 553.60 233.78 386.43 311.47

Competitive Comparison of Intchains Group's Days Inventory

For the Semiconductors subindustry, Intchains 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.


Intchains Group's Days Inventory Distribution in the Semiconductors Industry

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

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



Intchains Group Days Inventory Calculation

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

Intchains 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
=( (11.157 + 5.85) / 2 ) / 10.245*365
=8.5035 / 10.245*365
=302.96

Intchains 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.66 + 5.85) / 2 ) / 1.979*365 / 4
=6.755 / 1.979*365 / 4
=311.47

* 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.


Intchains Group  (NAS:ICG) 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.

Intchains Group's Inventory Turnover for the three 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.

Intchains Group's Inventory to Revenue for the three 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.


Intchains Group Days Inventory Related Terms

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


Intchains Group (Intchains Group) Business Description

Traded in Other Exchanges
N/A
Address
No.333 Haiyang No.1 Road, 9th Floor, A Block, Lingang Science and Technology Park, Pudong New Area, Shanghai, CHN, 201306
Intchains Group Ltd provides integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. Its ASIC chips are designed for several key blockchain algorithms including Blake2bsha3, sha512MD160, Cryptonight V4, Eaglesong, and Blake2s. The company has built a proprietary technology platform named Xihe Platform, which allows the development of a wide range of ASIC chips with high efficiency and scalability. It designs its ASIC chips in-house, which enables it to leverage proprietary silicon data to deliver products reflecting the latest technological developments.