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BeiJing StarNeto Technology Co (SZSE:002829) Days Inventory : 2,016.43 (As of Mar. 2024)


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What is BeiJing StarNeto Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BeiJing StarNeto Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥606.8 Mil. BeiJing StarNeto Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥27.5 Mil. Hence, BeiJing StarNeto Technology Co's Days Inventory for the three months ended in Mar. 2024 was 2,016.43.

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

SZSE:002829' s Days Inventory Range Over the Past 10 Years
Min: 143.5   Med: 290.99   Max: 482.17
Current: 482.17

During the past 13 years, BeiJing StarNeto Technology Co's highest Days Inventory was 482.17. The lowest was 143.50. And the median was 290.99.

SZSE:002829's Days Inventory is ranked worse than
96.76% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs SZSE:002829: 482.17

BeiJing StarNeto Technology Co's Days Inventory increased from Mar. 2023 (755.48) to Mar. 2024 (2,016.43). It might indicate that BeiJing StarNeto Technology Co's sales slowed down.

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. BeiJing StarNeto Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.05.

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. BeiJing StarNeto Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 13.46.


BeiJing StarNeto Technology Co Days Inventory Historical Data

The historical data trend for BeiJing StarNeto 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.

* Premium members only.

BeiJing StarNeto Technology Co Days Inventory Chart

BeiJing StarNeto Technology 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 389.82 289.18 351.12 292.80 406.51

BeiJing StarNeto Technology 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 755.48 668.10 202.31 864.39 2,016.43

Competitive Comparison of BeiJing StarNeto Technology Co's Days Inventory

For the Scientific & Technical Instruments subindustry, BeiJing StarNeto 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.


BeiJing StarNeto Technology Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BeiJing StarNeto Technology Co's Days Inventory distribution charts can be found below:

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



BeiJing StarNeto Technology Co Days Inventory Calculation

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

BeiJing StarNeto 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
=( (502.588 + 595.013) / 2 ) / 492.764*365
=548.8005 / 492.764*365
=406.51

BeiJing StarNeto 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
=( (595.013 + 618.601) / 2 ) / 27.46*365 / 4
=606.807 / 27.46*365 / 4
=2,016.43

* 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.


BeiJing StarNeto Technology Co  (SZSE:002829) 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.

BeiJing StarNeto Technology 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.

BeiJing StarNeto Technology 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.


BeiJing StarNeto Technology Co Days Inventory Related Terms

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


BeiJing StarNeto Technology Co (SZSE:002829) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lancangchang East Road, Unit 5, Building 4, Building 2, Haidian District, Beijing, CHN, 100097
BeiJing StarNeto Technology Co Ltd is focused on inertial technology development and industrial application. The principal business activities include research and development, production and sales of inertial integrated navigation, inertial measurement, inertial stability control products. Its product range includes high precision satellite positioning and orientation products, fiber and laser inertial navigation products, tilt sensors, inertial measurement units, photoelectric pods, photoelectric forensics systems, infrared thermal imagers, smart driving test products and radar products such as wireless communication systems, conventional radar systems and miss distance measurement radars.
Executives
Wang Chao Executives
Chi Jia Sheng Director
Xu Ye Feng Directors, executives
Li Guo Sheng Director
Zhang You Liang Supervisors
Li Xue Qin Supervisors
Li Yan Zhuo Supervisors
Shang Xiu Lei Supervisors
Huang Jing Chao Securities Affairs Representative

BeiJing StarNeto Technology Co (SZSE:002829) Headlines

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