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Dioo Microcircuits Co Jiangsu (SHSE:688381) Days Inventory : 162.13 (As of Mar. 2024)


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What is Dioo Microcircuits Co Jiangsu Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dioo Microcircuits Co Jiangsu's Average Total Inventories for the three months ended in Mar. 2024 was ¥123.8 Mil. Dioo Microcircuits Co Jiangsu's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥69.7 Mil. Hence, Dioo Microcircuits Co Jiangsu's Days Inventory for the three months ended in Mar. 2024 was 162.13.

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

SHSE:688381' s Days Inventory Range Over the Past 10 Years
Min: 60.95   Med: 149.49   Max: 217.4
Current: 196.16

During the past 6 years, Dioo Microcircuits Co Jiangsu's highest Days Inventory was 217.40. The lowest was 60.95. And the median was 149.49.

SHSE:688381's Days Inventory is ranked worse than
72.64% of 943 companies
in the Semiconductors industry
Industry Median: 130.21 vs SHSE:688381: 196.16

Dioo Microcircuits Co Jiangsu's Days Inventory declined from Mar. 2023 (259.53) to Mar. 2024 (162.13).

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. Dioo Microcircuits Co Jiangsu's Inventory Turnover for the three months ended in Mar. 2024 was 0.56.

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. Dioo Microcircuits Co Jiangsu's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.96.


Dioo Microcircuits Co Jiangsu Days Inventory Historical Data

The historical data trend for Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu Days Inventory Chart

Dioo Microcircuits Co Jiangsu Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 176.19 85.09 60.95 122.79 201.88

Dioo Microcircuits Co Jiangsu Quarterly Data
Dec18 Dec19 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 259.53 213.72 191.60 230.89 162.13

Competitive Comparison of Dioo Microcircuits Co Jiangsu's Days Inventory

For the Semiconductors subindustry, Dioo Microcircuits Co Jiangsu'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.


Dioo Microcircuits Co Jiangsu's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Dioo Microcircuits Co Jiangsu's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dioo Microcircuits Co Jiangsu's Days Inventory falls into.



Dioo Microcircuits Co Jiangsu Days Inventory Calculation

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

Dioo Microcircuits Co Jiangsu'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
=( (100.164 + 121.628) / 2 ) / 200.497*365
=110.896 / 200.497*365
=201.88

Dioo Microcircuits Co Jiangsu'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
=( (121.628 + 126.025) / 2 ) / 69.691*365 / 4
=123.8265 / 69.691*365 / 4
=162.13

* 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.


Dioo Microcircuits Co Jiangsu  (SHSE:688381) 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.

Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu'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.


Dioo Microcircuits Co Jiangsu Days Inventory Related Terms

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


Dioo Microcircuits Co Jiangsu (SHSE:688381) Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Chongzhou Avenue, Nantong Innovation Zone, 6th Floor, Building 8, Zilang Science and Technology City, Jiangsu Province, Nantong, CHN, 226000
Dioo Microcircuits Co Ltd Jiangsu is engaged in the research and development, design and sales of high-performance analog chips.

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