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Jiangsu Beiren Robot System Co (SHSE:688218) Days Inventory : 472.48 (As of Mar. 2024)


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What is Jiangsu Beiren Robot System Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangsu Beiren Robot System Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥542.6 Mil. Jiangsu Beiren Robot System Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥104.8 Mil. Hence, Jiangsu Beiren Robot System Co's Days Inventory for the three months ended in Mar. 2024 was 472.48.

The historical rank and industry rank for Jiangsu Beiren Robot System Co's Days Inventory or its related term are showing as below:

SHSE:688218' s Days Inventory Range Over the Past 10 Years
Min: 210.92   Med: 313.32   Max: 471.74
Current: 307.53

During the past 10 years, Jiangsu Beiren Robot System Co's highest Days Inventory was 471.74. The lowest was 210.92. And the median was 313.32.

SHSE:688218's Days Inventory is ranked worse than
90.07% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs SHSE:688218: 307.53

Jiangsu Beiren Robot System Co's Days Inventory declined from Mar. 2023 (594.52) to Mar. 2024 (472.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Beiren Robot System Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.19.

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. Jiangsu Beiren Robot System Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.05.


Jiangsu Beiren Robot System Co Days Inventory Historical Data

The historical data trend for Jiangsu Beiren Robot System 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.

Jiangsu Beiren Robot System Co Days Inventory Chart

Jiangsu Beiren Robot System Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 391.11 297.36 294.00 309.26 293.26

Jiangsu Beiren Robot System Co 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 594.52 244.40 532.35 194.12 472.48

Competitive Comparison of Jiangsu Beiren Robot System Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Jiangsu Beiren Robot System 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.


Jiangsu Beiren Robot System Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Beiren Robot System Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangsu Beiren Robot System Co's Days Inventory falls into.



Jiangsu Beiren Robot System Co Days Inventory Calculation

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

Jiangsu Beiren Robot System 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
=( (562.416 + 494.75) / 2 ) / 657.894*365
=528.583 / 657.894*365
=293.26

Jiangsu Beiren Robot System Co'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
=( (494.75 + 590.513) / 2 ) / 104.799*365 / 4
=542.6315 / 104.799*365 / 4
=472.48

* 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.


Jiangsu Beiren Robot System Co  (SHSE:688218) 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.

Jiangsu Beiren Robot System Co'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.

Jiangsu Beiren Robot System Co'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.


Jiangsu Beiren Robot System Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Jiangsu Beiren Robot System Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Beiren Robot System Co (SHSE:688218) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Qingqiu Lane, Suzhou Industrial Park, Jiangsu Province, Shanghai, CHN
Jiangsu Beiren Robot System Co Ltd is a provider of industrial robot automation and intelligent system integration overall solution, that involves the development, design, production, assembly and sales of flexible automation and intelligent workstations and production lines. Its solutions include spot welding, arc welding, stud welding, riveting, handing, stamping, glueing, laser welding and cutting, and vision technology.
Executives
Li Ding Kun Core technical personnel
Zhu Zhen You Directors, senior managers, core technical personn
Lin Tao Directors, senior managers, core technical personn
Tang Xue Yuan senior management
Ma Hong Bo Core technical personnel

Jiangsu Beiren Robot System Co (SHSE:688218) Headlines

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