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Cybrid Technologies (SHSE:603212) Days Inventory : 78.20 (As of Mar. 2024)


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What is Cybrid Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cybrid Technologies's Average Total Inventories for the three months ended in Mar. 2024 was ¥682 Mil. Cybrid Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥795 Mil. Hence, Cybrid Technologies's Days Inventory for the three months ended in Mar. 2024 was 78.20.

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

SHSE:603212' s Days Inventory Range Over the Past 10 Years
Min: 40.15   Med: 49.72   Max: 72.08
Current: 72.08

During the past 10 years, Cybrid Technologies's highest Days Inventory was 72.08. The lowest was 40.15. And the median was 49.72.

SHSE:603212's Days Inventory is ranked better than
58.35% of 1491 companies
in the Chemicals industry
Industry Median: 82.8 vs SHSE:603212: 72.08

Cybrid Technologies's Days Inventory increased from Mar. 2023 (66.57) to Mar. 2024 (78.20). It might indicate that Cybrid Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cybrid Technologies's Inventory Turnover for the three months ended in Mar. 2024 was 1.17.

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. Cybrid Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.77.


Cybrid Technologies Days Inventory Historical Data

The historical data trend for Cybrid Technologies'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.

Cybrid Technologies Days Inventory Chart

Cybrid Technologies 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 47.62 55.69 68.71 65.99 67.58

Cybrid Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 66.57 63.07 65.97 87.99 78.20

Competitive Comparison of Cybrid Technologies's Days Inventory

For the Specialty Chemicals subindustry, Cybrid Technologies'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.


Cybrid Technologies's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cybrid Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cybrid Technologies's Days Inventory falls into.



Cybrid Technologies Days Inventory Calculation

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

Cybrid Technologies'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
=( (677.68 + 699.135) / 2 ) / 3718.279*365
=688.4075 / 3718.279*365
=67.58

Cybrid Technologies'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
=( (699.135 + 663.874) / 2 ) / 795.269*365 / 4
=681.5045 / 795.269*365 / 4
=78.20

* 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.


Cybrid Technologies  (SHSE:603212) 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.

Cybrid Technologies'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.

Cybrid Technologies'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.


Cybrid Technologies Days Inventory Related Terms

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


Cybrid Technologies (SHSE:603212) Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299
Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.

Cybrid Technologies (SHSE:603212) Headlines

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