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Global Bio-chem Technology Group Co (HKSE:00809) Days Inventory : 57.53 (As of Dec. 2023)


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What is Global Bio-chem Technology Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Bio-chem Technology Group Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$198 Mil. Global Bio-chem Technology Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$630 Mil. Hence, Global Bio-chem Technology Group Co's Days Inventory for the six months ended in Dec. 2023 was 57.53.

The historical rank and industry rank for Global Bio-chem Technology Group Co's Days Inventory or its related term are showing as below:

HKSE:00809' s Days Inventory Range Over the Past 10 Years
Min: 45.23   Med: 61.85   Max: 10111.54
Current: 56.13

During the past 13 years, Global Bio-chem Technology Group Co's highest Days Inventory was 10111.54. The lowest was 45.23. And the median was 61.85.

HKSE:00809's Days Inventory is ranked better than
70.53% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs HKSE:00809: 56.13

Global Bio-chem Technology Group Co's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (57.53). It might indicate that Global Bio-chem Technology Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Bio-chem Technology Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 3.17.

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. Global Bio-chem Technology Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.


Global Bio-chem Technology Group Co Days Inventory Historical Data

The historical data trend for Global Bio-chem Technology Group 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.

Global Bio-chem Technology Group Co Days Inventory Chart

Global Bio-chem Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.69 120.81 58.76 10,111.54 50.08

Global Bio-chem Technology Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 53.97 96.05 - 60.60 57.53

Competitive Comparison of Global Bio-chem Technology Group Co's Days Inventory

For the Packaged Foods subindustry, Global Bio-chem Technology Group 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.


Global Bio-chem Technology Group Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Bio-chem Technology Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global Bio-chem Technology Group Co's Days Inventory falls into.



Global Bio-chem Technology Group Co Days Inventory Calculation

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

Global Bio-chem Technology Group 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
=( (216.72 + 148.332) / 2 ) / 1330.301*365
=182.526 / 1330.301*365
=50.08

Global Bio-chem Technology Group Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (248.637 + 148.332) / 2 ) / 629.6*365 / 2
=198.4845 / 629.6*365 / 2
=57.53

* 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.


Global Bio-chem Technology Group Co  (HKSE:00809) 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.

Global Bio-chem Technology Group Co's Inventory Turnover for the six months ended in Dec. 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.

Global Bio-chem Technology Group Co's Inventory to Revenue for the six months ended in Dec. 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.


Global Bio-chem Technology Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Global Bio-chem Technology Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Bio-chem Technology Group Co (HKSE:00809) Business Description

Traded in Other Exchanges
N/A
Address
18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG
Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are the Upstream Products segment engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products; the Amino Acids segment engages in the manufacture and sale of corn-based biochemical products, including lysine and threonine; the Corn Sweeteners segment engages in the manufacture and sale of corn-based sweetener products, including glucose, maltose, high fructose corn syrup, crystallized glucose, and maltodextrin; the Polyol Chemicals segment engages in the manufacture and sale of corn-based biochemical products, including polyol chemicals, anti-freeze products, hydrogen, and ammonia.
Executives
Ji Lin Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Ji Lin Sheng Yuan Heng Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Ji Lin Sheng Li Heng Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Ji Lin Zhang Bai Shan Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Nong Ye Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Rationale (holdings) Investment Limited 2101 Beneficial owner
Zhong Min Xin Neng Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Rui Xuan Tou Zi Shang Hai You Xian Gong Si 2201 Interest of corporation controlled by you
Bank Of Jilin Co., Ltd. 2106 Person having a security interest in shares
Sun Zhen 2201 Interest of corporation controlled by you
Modern Agricultural Industry Investment Holdings Limited 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Tou Zi Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Li Zhenghao 2201 Interest of corporation controlled by you

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