China Post Technology Co (SHSE:688648) Days Inventory : 146.85 (As of Mar. 2024)

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What is China Post Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Post Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥294 Mil. China Post Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥183 Mil. Hence, China Post Technology Co's Days Inventory for the three months ended in Mar. 2024 was 146.85.

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

SHSE:688648' s Days Inventory Range Over the Past 10 Years
Min: 106.11 Med: 186.13 Max: 234.67
Current: 106.11

During the past 5 years, China Post Technology Co's highest Days Inventory was 234.67. The lowest was 106.11. And the median was 186.13.

SHSE:688648's Days Inventory is ranked better than
57.54% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs SHSE:688648: 106.11

China Post Technology Co's Days Inventory declined from Mar. 2023 (282.21) to Mar. 2024 (146.85).

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. China Post Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. China Post Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.41.

China Post Technology Co Days Inventory Historical Data

The historical data trend for China Post 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.

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China Post Technology Co Days Inventory Chart

China Post Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

186.13

234.67

209.62

175.61

125.08

China Post Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial						282.21	122.07	198.49	65.63	146.85

Competitive Comparison of China Post Technology Co's Days Inventory

For the Specialty Industrial Machinery subindustry, China Post 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.

China Post Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Post Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Post Technology Co's Days Inventory falls into.

China Post Technology Co Days Inventory Calculation

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

China Post 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
=	( (818.504	+	306.603)	/	2 )	/	1641.597	*	365
=	562.5535					/	1641.597	*	365
=	125.08

China Post Technology 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
=	( (306.603	+	281.792)	/	2 )	/	182.814	*	365 / 4
=	294.1975					/	182.814	*	365 / 4
=	146.85

China Post Technology Co (SHSE:688648) 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.

China Post Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	182.814	/	294.1975
	=	0.62

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.

China Post Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	294.1975	/	208.488
	=	1.41

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.

China Post Technology Co Days Inventory Related Terms

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

China Post Technology Co (SHSE:688648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Post Technology Co Ltd (SHSE:688648) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3185, Zhongshan North Road, Putuo, Shanghai, CHN, 200062

Website

https://www.cpte.com

China Post Technology Co Ltd is engaged in the Research and development, design, production, and sales of intelligent logistics systems, as well as the transformation, design, and sales of intelligent special vehicles.

China Post Technology Co (SHSE:688648) Headlines

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