Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Days Inventory : 1,538.48 (As of Mar. 2024)

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What is Sichuan Discovery Dream Science & Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sichuan Discovery Dream Science & Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥114.7 Mil. Sichuan Discovery Dream Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6.8 Mil. Hence, Sichuan Discovery Dream Science & Technology Co's Days Inventory for the three months ended in Mar. 2024 was 1,538.48.

The historical rank and industry rank for Sichuan Discovery Dream Science & Technology Co's Days Inventory or its related term are showing as below:

SZSE:301213' s Days Inventory Range Over the Past 10 Years
Min: 19.04 Med: 110.14 Max: 859.3
Current: 858.74

During the past 10 years, Sichuan Discovery Dream Science & Technology Co's highest Days Inventory was 859.30. The lowest was 19.04. And the median was 110.14.

SZSE:301213's Days Inventory is ranked worse than
97.65% of 681 companies
in the Business Services industry
Industry Median: 29.77 vs SZSE:301213: 858.74

Sichuan Discovery Dream Science & Technology Co's Days Inventory declined from Mar. 2023 (2,557.48) to Mar. 2024 (1,538.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Discovery Dream Science & Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.06.

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 Discovery Dream Science & Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 7.64.

Sichuan Discovery Dream Science & Technology Co Days Inventory Historical Data

The historical data trend for Sichuan Discovery Dream Science & 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.

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Sichuan Discovery Dream Science & Technology Co Days Inventory Chart

Sichuan Discovery Dream Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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34.44

123.25

263.93

495.60

859.30

Sichuan Discovery Dream Science & Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															2,557.48	533.40	2,459.62	546.24	1,538.48

Competitive Comparison of Sichuan Discovery Dream Science & Technology Co's Days Inventory

For the Security & Protection Services subindustry, Sichuan Discovery Dream Science & 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.

Sichuan Discovery Dream Science & Technology Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sichuan Discovery Dream Science & Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sichuan Discovery Dream Science & Technology Co's Days Inventory falls into.

Sichuan Discovery Dream Science & Technology Co Days Inventory Calculation

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

Sichuan Discovery Dream Science & 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
=	( (69.415	+	110.736)	/	2 )	/	38.261	*	365
=	90.0755					/	38.261	*	365
=	859.30

Sichuan Discovery Dream Science & 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
=	( (110.736	+	118.763)	/	2 )	/	6.806	*	365 / 4
=	114.7495					/	6.806	*	365 / 4
=	1,538.48

Sichuan Discovery Dream Science & Technology Co (SZSE:301213) 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 Discovery Dream Science & Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.806	/	114.7495
	=	0.06

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 Discovery Dream Science & Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	114.7495	/	15.011
	=	7.64

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 Discovery Dream Science & Technology Co Days Inventory Related Terms

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

Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sichuan Discovery Dream Science & Technology Co Ltd (SZSE:301213) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

No. 666, Jitai Road, No. 8, 18th Floor, Building 1, Chengdu High-tech Zone, Pilot Free Trade Zone, Sichuan, CHN, 610041

Website

http://www.gxwin.cn

Sichuan Discovery Dream Science & Technology Co Ltd provide customers with related software and hardware products and services such as equipment life cycle management systems, intelligent weapons and equipment management and control modules.

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