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Shunya International Martech (Beijing) Co (SZSE:300612) Days Inventory : 43.13 (As of Jun. 2024)


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What is Shunya International Martech (Beijing) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shunya International Martech (Beijing) Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥64.4 Mil. Shunya International Martech (Beijing) Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥136.3 Mil. Hence, Shunya International Martech (Beijing) Co's Days Inventory for the three months ended in Jun. 2024 was 43.13.

The historical rank and industry rank for Shunya International Martech (Beijing) Co's Days Inventory or its related term are showing as below:

SZSE:300612' s Days Inventory Range Over the Past 10 Years
Min: 15.49   Med: 29.91   Max: 61.99
Current: 43.69

During the past 12 years, Shunya International Martech (Beijing) Co's highest Days Inventory was 61.99. The lowest was 15.49. And the median was 29.91.

SZSE:300612's Days Inventory is ranked worse than
59.55% of 665 companies
in the Media - Diversified industry
Industry Median: 26.32 vs SZSE:300612: 43.69

Shunya International Martech (Beijing) Co's Days Inventory declined from Jun. 2023 (51.35) to Jun. 2024 (43.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shunya International Martech (Beijing) Co's Inventory Turnover for the three months ended in Jun. 2024 was 2.12.

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. Shunya International Martech (Beijing) Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.35.


Shunya International Martech (Beijing) Co Days Inventory Historical Data

The historical data trend for Shunya International Martech (Beijing) 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.

Shunya International Martech (Beijing) Co Days Inventory Chart

Shunya International Martech (Beijing) 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 26.15 27.63 31.79 30.62 31.47

Shunya International Martech (Beijing) Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 51.35 68.23 29.69 46.94 43.13

Competitive Comparison of Shunya International Martech (Beijing) Co's Days Inventory

For the Advertising Agencies subindustry, Shunya International Martech (Beijing) 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.


Shunya International Martech (Beijing) Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shunya International Martech (Beijing) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shunya International Martech (Beijing) Co's Days Inventory falls into.



Shunya International Martech (Beijing) Co Days Inventory Calculation

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

Shunya International Martech (Beijing) 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
=( (78.025 + 72.151) / 2 ) / 870.863*365
=75.088 / 870.863*365
=31.47

Shunya International Martech (Beijing) Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (64.268 + 64.569) / 2 ) / 136.299*365 / 4
=64.4185 / 136.299*365 / 4
=43.13

* 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.


Shunya International Martech (Beijing) Co  (SZSE:300612) 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.

Shunya International Martech (Beijing) Co's Inventory Turnover for the three months ended in Jun. 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.

Shunya International Martech (Beijing) Co's Inventory to Revenue for the three months ended in Jun. 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.


Shunya International Martech (Beijing) Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Shunya International Martech (Beijing) Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shunya International Martech (Beijing) Co Business Description

Traded in Other Exchanges
N/A
Address
Creative Industry Park CN02, Bali Zhuang Dong Li Lai Kam 1 Cultural, Chaoyang District, Beijing, CHN, 100025
Shunya International Martech (Beijing) Co Ltd is a Chinese integrated communication agency. It provides communications solution services. The services include enterprise management, market planning, contractor exhibition activities and advertising information consultation services.
Executives
Zhang Xiu Bing Director

Shunya International Martech (Beijing) Co Headlines

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