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Fibocom Wireless (SZSE:300638) Days Inventory : 65.06 (As of Mar. 2024)


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What is Fibocom Wireless Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fibocom Wireless's Average Total Inventories for the three months ended in Mar. 2024 was ¥1,188 Mil. Fibocom Wireless's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,666 Mil. Hence, Fibocom Wireless's Days Inventory for the three months ended in Mar. 2024 was 65.06.

The historical rank and industry rank for Fibocom Wireless's Days Inventory or its related term are showing as below:

SZSE:300638' s Days Inventory Range Over the Past 10 Years
Min: 35.04   Med: 49.61   Max: 77.26
Current: 67.91

During the past 12 years, Fibocom Wireless's highest Days Inventory was 77.26. The lowest was 35.04. And the median was 49.61.

SZSE:300638's Days Inventory is ranked better than
71.04% of 2410 companies
in the Hardware industry
Industry Median: 101.97 vs SZSE:300638: 67.91

Fibocom Wireless's Days Inventory declined from Mar. 2023 (72.94) to Mar. 2024 (65.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fibocom Wireless's Inventory Turnover for the three months ended in Mar. 2024 was 1.40.

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. Fibocom Wireless's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.56.


Fibocom Wireless Days Inventory Historical Data

The historical data trend for Fibocom Wireless'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.

Fibocom Wireless Days Inventory Chart

Fibocom Wireless 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 36.62 64.12 77.26 77.08 73.31

Fibocom Wireless 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 72.94 65.75 62.68 80.32 65.06

Competitive Comparison of Fibocom Wireless's Days Inventory

For the Communication Equipment subindustry, Fibocom Wireless'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.


Fibocom Wireless's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fibocom Wireless's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fibocom Wireless's Days Inventory falls into.



Fibocom Wireless Days Inventory Calculation

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

Fibocom Wireless'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
=( (1096.605 + 1285.629) / 2 ) / 5930.406*365
=1191.117 / 5930.406*365
=73.31

Fibocom Wireless'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
=( (1285.629 + 1090.229) / 2 ) / 1666.154*365 / 4
=1187.929 / 1666.154*365 / 4
=65.06

* 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.


Fibocom Wireless  (SZSE:300638) 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.

Fibocom Wireless'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.

Fibocom Wireless'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.


Fibocom Wireless Days Inventory Related Terms

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


Fibocom Wireless (SZSE:300638) Business Description

Traded in Other Exchanges
N/A
Address
1057 Nanhai Avenue, No. 501A, 5th Floor, Building A, Phase II, Shekou Science and Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518067
Fibocom Wireless Inc is a Chinese wireless communication module and solutions provider. It is focused on the development of the Internet of Things (IoT) and consumer electronics. The company brand products cover LTE, NB-IoT/eMTC, HSPA, GSM/GPRS wireless communication modules and solutions. Through IoT, the company offers solutions such as wireless payment, car networking, security monitoring, mobile internet, and smart grid.

Fibocom Wireless (SZSE:300638) Headlines

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