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Sichuan Joyou Digital Technologies Co (SZSE:301172) Days Inventory : 343.27 (As of Mar. 2024)


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What is Sichuan Joyou Digital Technologies Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Joyou Digital Technologies Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥164.5 Mil. Sichuan Joyou Digital Technologies Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥43.7 Mil. Hence, Sichuan Joyou Digital Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 343.27.

The historical rank and industry rank for Sichuan Joyou Digital Technologies Co's Days Inventory or its related term are showing as below:

SZSE:301172' s Days Inventory Range Over the Past 10 Years
Min: 43.85   Med: 184.95   Max: 328.43
Current: 194.4

During the past 10 years, Sichuan Joyou Digital Technologies Co's highest Days Inventory was 328.43. The lowest was 43.85. And the median was 184.95.

SZSE:301172's Days Inventory is ranked worse than
90.84% of 1561 companies
in the Software industry
Industry Median: 19.5 vs SZSE:301172: 194.40

Sichuan Joyou Digital Technologies Co's Days Inventory declined from Mar. 2023 (1,746.28) to Mar. 2024 (343.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Joyou Digital Technologies Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.27.

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 Joyou Digital Technologies Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.99.


Sichuan Joyou Digital Technologies Co Days Inventory Historical Data

The historical data trend for Sichuan Joyou Digital Technologies 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 Joyou Digital Technologies Co Days Inventory Chart

Sichuan Joyou Digital Technologies Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.13 268.38 328.43 300.81 231.61

Sichuan Joyou Digital Technologies Co Quarterly Data
Dec14 Dec16 Dec17 Dec18 Dec19 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 1,746.28 117.50 492.31 131.38 343.27

Competitive Comparison of Sichuan Joyou Digital Technologies Co's Days Inventory

For the Information Technology Services subindustry, Sichuan Joyou Digital Technologies 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 Joyou Digital Technologies Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Sichuan Joyou Digital Technologies Co's Days Inventory falls into.



Sichuan Joyou Digital Technologies Co Days Inventory Calculation

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

Sichuan Joyou Digital Technologies 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
=( (180.832 + 158.266) / 2 ) / 267.192*365
=169.549 / 267.192*365
=231.61

Sichuan Joyou Digital Technologies 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
=( (158.266 + 170.657) / 2 ) / 43.718*365 / 4
=164.4615 / 43.718*365 / 4
=343.27

* 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 Joyou Digital Technologies Co  (SZSE:301172) 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 Joyou Digital Technologies 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 Joyou Digital Technologies 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 Joyou Digital Technologies Co Days Inventory Related Terms

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


Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

Traded in Other Exchanges
N/A
Address
No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094
Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

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