The historical rank and industry rank for PW Medtech Group's Days Inventory or its related term are showing as below:
HKSE:01358'
s Days Inventory Range Over the Past 10 Years
Min: 101.1 Med: 148.08 Max: 324.12
Current: 172.38
During the past 12 years, PW Medtech Group's highest Days Inventory was 324.12. The lowest was 101.10. And the median was 148.08.
HKSE:01358's Days Inventory is ranked better than 56.65% of 775
companies
in the Medical Devices & Instruments industry
Industry Median: 192.78
vs HKSE:01358: 172.38
PW Medtech Group's Days Inventory
declined
from Dec. 2022 (181.21) to Dec. 2023 (169.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
PW Medtech Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.08.
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.
PW Medtech Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.40.
PW Medtech Group Days Inventory Historical Data
The historical data trend for PW Medtech Group'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.
Competitive Comparison of PW Medtech Group's Days Inventory
For the Medical Instruments & Supplies subindustry, PW Medtech Group'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.
PW Medtech Group's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, PW Medtech Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where PW Medtech Group's Days Inventory falls into.
PW Medtech Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PW Medtech Group's Days Inventory for the fiscal year that 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.
PW Medtech Group (HKSE:01358) 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.
PW Medtech Group'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.
PW Medtech Group'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.
PW Medtech Group Days Inventory Related Terms
Thank you for viewing the detailed overview of PW Medtech Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
PW Medtech Group (HKSE:01358) Business Description
PW Medtech Group Ltd is a medical device company with a focus on fast-growing and high-margin segments of China's medical device industry. The company is engaged in the research and development, manufacturing, and sale of the advanced infusion set, intravenous cannula products, and insulin needles. Its products include non-PVC-based infusion sets, precision filter infusion sets, light-resistant infusion sets, intravenous cannula products, and insulin needles and pens. The company operates through three business segments: Infusion Set Business; Blood Purification Business; and Regenerative Medical Biomaterials Business.
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