Inner Mongolia Grand Pharmaceutical Co (BJSE:836433) Days Inventory : 735.81 (As of Mar. 2024)

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What is Inner Mongolia Grand Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inner Mongolia Grand Pharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥66.9 Mil. Inner Mongolia Grand Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥8.3 Mil. Hence, Inner Mongolia Grand Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 735.81.

The historical rank and industry rank for Inner Mongolia Grand Pharmaceutical Co's Days Inventory or its related term are showing as below:

BJSE:836433' s Days Inventory Range Over the Past 10 Years
Min: 164.45 Med: 237.06 Max: 453.34
Current: 453.34

During the past 11 years, Inner Mongolia Grand Pharmaceutical Co's highest Days Inventory was 453.34. The lowest was 164.45. And the median was 237.06.

BJSE:836433's Days Inventory is ranked worse than
92.98% of 969 companies
in the Drug Manufacturers industry
Industry Median: 158.38 vs BJSE:836433: 453.34

Inner Mongolia Grand Pharmaceutical Co's Days Inventory increased from Mar. 2023 (246.27) to Mar. 2024 (735.81). It might indicate that Inner Mongolia Grand Pharmaceutical 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. Inner Mongolia Grand Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.12.

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. Inner Mongolia Grand Pharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.76.

Inner Mongolia Grand Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Inner Mongolia Grand Pharmaceutical 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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Inner Mongolia Grand Pharmaceutical Co Days Inventory Chart

Inner Mongolia Grand Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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284.31

201.89

234.58

371.87

365.82

Inner Mongolia Grand Pharmaceutical Co 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															246.27	203.37	746.84	540.93	735.81

Competitive Comparison of Inner Mongolia Grand Pharmaceutical Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Inner Mongolia Grand Pharmaceutical 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.

Inner Mongolia Grand Pharmaceutical Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Inner Mongolia Grand Pharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Grand Pharmaceutical Co's Days Inventory falls into.

Inner Mongolia Grand Pharmaceutical Co Days Inventory Calculation

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

Inner Mongolia Grand Pharmaceutical 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
=	( (44.126	+	63.739)	/	2 )	/	53.812	*	365
=	53.9325					/	53.812	*	365
=	365.82

Inner Mongolia Grand Pharmaceutical 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
=	( (63.739	+	70.134)	/	2 )	/	8.301	*	365 / 4
=	66.9365					/	8.301	*	365 / 4
=	735.81

Inner Mongolia Grand Pharmaceutical Co (BJSE:836433) 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.

Inner Mongolia Grand Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.301	/	66.9365
	=	0.12

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.

Inner Mongolia Grand Pharmaceutical Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.9365	/	38.104
	=	1.76

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.

Inner Mongolia Grand Pharmaceutical Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Grand Pharmaceutical Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Inner Mongolia Grand Pharmaceutical Co (BJSE:836433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Inner Mongolia Grand Pharmaceutical Co Ltd (BJSE:836433) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Wuwei Road, 2nd Floor, Administration Building, Ruyi Development Zone, Inner Mongolia Autonomous Region, Hohhot, CHN, 010010

Website

http://www.nmdt.com.cn

Inner Mongolia Grand Pharmaceutical Co Ltd is a pharmaceutical enterprise integrating the development of Mongolian medicine resources. It engages in the research and development, production and sales of special specialty medicines and general health products. The company's main business is the research and development and production of Chinese patent medicines (including ethnic medicines) and chemical preparations and sales.

Inner Mongolia Grand Pharmaceutical Co (BJSE:836433) Headlines

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