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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Days Inventory : 304.29 (As of Mar. 2024)


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What is Sichuan Jiuyuan Yinhai Software Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Jiuyuan Yinhai Software Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥350 Mil. Sichuan Jiuyuan Yinhai Software Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥105 Mil. Hence, Sichuan Jiuyuan Yinhai Software Co's Days Inventory for the three months ended in Mar. 2024 was 304.29.

The historical rank and industry rank for Sichuan Jiuyuan Yinhai Software Co's Days Inventory or its related term are showing as below:

SZSE:002777' s Days Inventory Range Over the Past 10 Years
Min: 154.54   Med: 239.91   Max: 383.63
Current: 191.15

During the past 13 years, Sichuan Jiuyuan Yinhai Software Co's highest Days Inventory was 383.63. The lowest was 154.54. And the median was 239.91.

SZSE:002777's Days Inventory is ranked worse than
90.64% of 1559 companies
in the Software industry
Industry Median: 19.53 vs SZSE:002777: 191.15

Sichuan Jiuyuan Yinhai Software Co's Days Inventory increased from Mar. 2023 (303.28) to Mar. 2024 (304.29). It might indicate that Sichuan Jiuyuan Yinhai Software Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Jiuyuan Yinhai Software Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.30.

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. Sichuan Jiuyuan Yinhai Software Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.79.


Sichuan Jiuyuan Yinhai Software Co Days Inventory Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co Days Inventory Chart

Sichuan Jiuyuan Yinhai Software Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.99 209.35 161.76 164.77 154.54

Sichuan Jiuyuan Yinhai Software 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 303.28 216.95 247.99 111.97 304.29

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's Days Inventory

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Jiuyuan Yinhai Software Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's Days Inventory falls into.



Sichuan Jiuyuan Yinhai Software Co Days Inventory Calculation

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

Sichuan Jiuyuan Yinhai Software 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
=( (272.21 + 325.337) / 2 ) / 705.666*365
=298.7735 / 705.666*365
=154.54

Sichuan Jiuyuan Yinhai Software 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
=( (325.337 + 375.257) / 2 ) / 105.048*365 / 4
=350.297 / 105.048*365 / 4
=304.29

* 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.


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) 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.

Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co Days Inventory Related Terms

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


Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Headlines

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