Days Inventory is also known as Days Sales of Inventory (DSI). Iflytek Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥2,416 Mil. Iflytek Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥2,258 Mil.
Hence, Iflytek Co's Days Inventory for the
three
months ended in Mar. 2024 was 97.63.
The historical rank and industry rank for Iflytek Co's Days Inventory or its related term are showing as below:
SZSE:002230'
s Days Inventory Range Over the Past 10 Years
Min: 70.06 Med: 84.33 Max: 103.03
Current: 80.43
During the past 13 years, Iflytek Co's highest Days Inventory was 103.03. The lowest was 70.06. And the median was 84.33.
SZSE:002230's Days Inventory is ranked worse than 75.98% of 1561
companies
in the Software industry
Industry Median: 19.53
vs SZSE:002230: 80.43
Iflytek Co's Days Inventory
declined
from Mar. 2023 (152.58) to Mar. 2024 (97.63).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Iflytek Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.93.
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.
Iflytek Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.66.
Iflytek Co Days Inventory Historical Data
The historical data trend for Iflytek 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.
Competitive Comparison of Iflytek Co's Days Inventory
For the Software - Application subindustry, Iflytek 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.
Iflytek Co's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Iflytek Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Iflytek Co's Days Inventory falls into.
Iflytek Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Iflytek Co's Days Inventory for the fiscal year that 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.
Iflytek Co (SZSE:002230) 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.
Iflytek 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.
Iflytek 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.
Iflytek Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Iflytek Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Iflytek Co Ltd is a software enterprise, which is dedicated towards research of intelligent speech and language technologies. The speech technologies comprise speech synthesis and speech recognition to enable human-machine speech communication as convenient as human-human communication. In addition, the speech technologies also include oral language evaluation, speech coding, timbre transformation and noise reduction.
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