Days Inventory is also known as Days Sales of Inventory (DSI). Taiji Computer's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥3,255 Mil. Taiji Computer's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥1,244 Mil.
Hence, Taiji Computer's Days Inventory for the
three
months ended in Mar. 2024 was 238.70.
The historical rank and industry rank for Taiji Computer's Days Inventory or its related term are showing as below:
SZSE:002368'
s Days Inventory Range Over the Past 10 Years
Min: 11.1 Med: 119.39 Max: 162.81
Current: 151.23
During the past 13 years, Taiji Computer's highest Days Inventory was 162.81. The lowest was 11.10. And the median was 119.39.
SZSE:002368's Days Inventory is ranked worse than 86.82% of 1563
companies
in the Software industry
Industry Median: 19.18
vs SZSE:002368: 151.23
Taiji Computer's Days Inventory
increased
from Mar. 2023 (184.73) to Mar. 2024 (238.70).
It might indicate that Taiji Computer's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Taiji Computer's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.38.
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.
Taiji Computer's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.96.
Taiji Computer Days Inventory Historical Data
The historical data trend for Taiji Computer'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 Taiji Computer's Days Inventory
For the Information Technology Services subindustry, Taiji Computer'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.
Taiji Computer's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Taiji Computer's Days Inventory distribution charts can be found below:
* The bar in red indicates where Taiji Computer's Days Inventory falls into.
Taiji Computer Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Taiji Computer'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.
Taiji Computer (SZSE:002368) 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.
Taiji Computer'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.
Taiji Computer'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.
Taiji Computer Days Inventory Related Terms
Thank you for viewing the detailed overview of Taiji Computer's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Taiji Computer Corp Ltd is engaged in the designing and engineering construction of information systems in China. It offers information technology consulting services, industry solution services, infrastructure services, operational services, and various other value-added IT services. In addition, the company is also involved in the information construction of government, finance, energy, manufacturing, and public utilities.
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