Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Days Inventory : 106.87 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Guangzhou Frontop Digital Creative Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guangzhou Frontop Digital Creative Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥61.7 Mil. Guangzhou Frontop Digital Creative Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥52.7 Mil. Hence, Guangzhou Frontop Digital Creative Technology Co's Days Inventory for the three months ended in Mar. 2024 was 106.87.

The historical rank and industry rank for Guangzhou Frontop Digital Creative Technology Co's Days Inventory or its related term are showing as below:

SZSE:301313' s Days Inventory Range Over the Past 10 Years
Min: 28.81 Med: 46.73 Max: 105.17
Current: 56.33

During the past 9 years, Guangzhou Frontop Digital Creative Technology Co's highest Days Inventory was 105.17. The lowest was 28.81. And the median was 46.73.

SZSE:301313's Days Inventory is ranked worse than
63.53% of 658 companies
in the Media - Diversified industry
Industry Median: 25.325 vs SZSE:301313: 56.33

Guangzhou Frontop Digital Creative Technology Co's Days Inventory increased from Mar. 2023 (48.30) to Mar. 2024 (106.87). It might indicate that Guangzhou Frontop Digital Creative 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. Guangzhou Frontop Digital Creative Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. Guangzhou Frontop Digital Creative Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.

Guangzhou Frontop Digital Creative Technology Co Days Inventory Historical Data

The historical data trend for Guangzhou Frontop Digital Creative 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.

Guangzhou Frontop Digital Creative Technology Co Days Inventory Chart

Guangzhou Frontop Digital Creative Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

83.82

67.35

46.73

33.52

41.56

Guangzhou Frontop Digital Creative Technology Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															48.30	54.99	76.77	30.74	106.87

Competitive Comparison of Guangzhou Frontop Digital Creative Technology Co's Days Inventory

For the Advertising Agencies subindustry, Guangzhou Frontop Digital Creative 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.

Guangzhou Frontop Digital Creative Technology Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangzhou Frontop Digital Creative Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Guangzhou Frontop Digital Creative Technology Co's Days Inventory falls into.

Guangzhou Frontop Digital Creative Technology Co Days Inventory Calculation

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

Guangzhou Frontop Digital Creative 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
=	( (29.049	+	52.511)	/	2 )	/	358.133	*	365
=	40.78					/	358.133	*	365
=	41.56

Guangzhou Frontop Digital Creative 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
=	( (52.511	+	70.89)	/	2 )	/	52.681	*	365 / 4
=	61.7005					/	52.681	*	365 / 4
=	106.87

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) 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.

Guangzhou Frontop Digital Creative 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
	=	52.681	/	61.7005
	=	0.85

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.

Guangzhou Frontop Digital Creative Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.7005	/	76.03
	=	0.81

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.

Guangzhou Frontop Digital Creative Technology Co Days Inventory Related Terms

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

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangzhou Frontop Digital Creative Technology Co Ltd (SZSE:301313) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701, 2703, 2704, 2705, 2706, 2707, No. 117, Longyi Road, Tianhe District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.frontop.cn

Guangzhou Frontop Digital Creative Technology Co Ltd is committed to digital multimedia display services and cutting-edge technology exploration and research. It has around 6 domestic technology creative service centers - Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan and several domestic branches.

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Headlines

No Headlines