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Sinovac Biotech (Sinovac Biotech) Days Inventory

: 176.03 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Sinovac Biotech's Average Total Inventories for the six months ended in Jun. 2023 was $181.7 Mil. Sinovac Biotech's Cost of Goods Sold for the six months ended in Jun. 2023 was $188.4 Mil. Hence, Sinovac Biotech's Days Inventory for the six months ended in Jun. 2023 was 176.03.

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

SVA' s Days Inventory Range Over the Past 10 Years
Min: 81.92   Med: 300.8   Max: 389.63
Current: 123.99

During the past 13 years, Sinovac Biotech's highest Days Inventory was 389.63. The lowest was 81.92. And the median was 300.80.

SVA's Days Inventory is not ranked
in the Biotechnology industry.
Industry Median: 191.36 vs SVA: 123.99

Sinovac Biotech's Days Inventory declined from Jun. 2022 (230.45) to Jun. 2023 (176.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinovac Biotech's Inventory Turnover for the six months ended in Jun. 2023 was 1.04.

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. Sinovac Biotech's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.29.


Sinovac Biotech Days Inventory Historical Data

The historical data trend for Sinovac Biotech'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.

Sinovac Biotech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 330.03 297.55 363.10 81.92 148.31

Sinovac Biotech Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 74.16 162.25 230.45 94.96 176.03

Competitive Comparison

For the Biotechnology subindustry, Sinovac Biotech'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.


Sinovac Biotech Days Inventory Distribution

For the Biotechnology industry and Healthcare sector, Sinovac Biotech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sinovac Biotech's Days Inventory falls into.



Sinovac Biotech Days Inventory Calculation

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

Sinovac Biotech's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (375.511 + 180.719) / 2 ) / 684.456*365
=278.115 / 684.456*365
=148.31

Sinovac Biotech's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (180.719 + 182.735) / 2 ) / 188.409*365 / 2
=181.727 / 188.409*365 / 2
=176.03

* 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.


Sinovac Biotech  (NAS:SVA) 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.

Sinovac Biotech's Inventory Turnover for the six months ended in Jun. 2023 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.

Sinovac Biotech's Inventory to Revenue for the six months ended in Jun. 2023 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.


Sinovac Biotech Days Inventory Related Terms

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


Sinovac Biotech (Sinovac Biotech) Business Description

Traded in Other Exchanges
N/A
Address
No.39, Shangdi Xi Road, Haidan District, Beijing, CHN, 100085
Sinovac Biotech Ltd is a biopharmaceutical company. The company focuses on the research, development, manufacturing, and commercialization of vaccines for infectious diseases. Its product portfolio includes vaccines against hepatitis A and B, seasonal influenza, H5N1 pandemic influenza (avian flu), H1N1 influenza (swine flu), mumps, and canine rabies. The company also provides services for disease control and prevention, collaborating with the Chinese governments at the national, state, and local levels. It sells its vaccines in China, while also exploring growth opportunities in international markets.
Executives
Lily Wang director, 10 percent owner, officer: Chief Financial Officer 300 MURCHISON DR., MILLBRAE CA 94030
Ifg Investments Services Inc 10 percent owner PO BOX 822, CHARLESTOWN FEDERATION OF ST KITTS & NEVIS WEST INDIES P8 00000
Yin Weidong director, 10 percent owner, officer: President and CEO
Terry G Bowering director, 10 percent owner, officer: President, CEO 10 CEDAR MEADOW DRIVE REGINA A9 S4X 3J6

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