Clover Biopharmaceuticals (HKSE:02197) Days Inventory : 11,495.85 (As of Dec. 2023)

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What is Clover Biopharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clover Biopharmaceuticals's Average Total Inventories for the six months ended in Dec. 2023 was HK$1,020.52 Mil. Clover Biopharmaceuticals's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$16.20 Mil. Hence, Clover Biopharmaceuticals's Days Inventory for the six months ended in Dec. 2023 was 11,495.85.

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

HKSE:02197' s Days Inventory Range Over the Past 10 Years
Min: 34848.3 Med: 38062.15 Max: 38062.15
Current: 34848.3

During the past 5 years, Clover Biopharmaceuticals's highest Days Inventory was 38062.15. The lowest was 34848.30. And the median was 38062.15.

HKSE:02197's Days Inventory is ranked worse than
99.39% of 653 companies
in the Biotechnology industry
Industry Median: 192.72 vs HKSE:02197: 34848.30

Clover Biopharmaceuticals's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (11,495.85). It might indicate that Clover Biopharmaceuticals'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. Clover Biopharmaceuticals's Inventory Turnover for the six months ended in Dec. 2023 was 0.02.

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. Clover Biopharmaceuticals's Inventory-to-Revenue for the six months ended in Dec. 2023 was 23.92.

Clover Biopharmaceuticals Days Inventory Historical Data

The historical data trend for Clover Biopharmaceuticals'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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Clover Biopharmaceuticals Days Inventory Chart

Clover Biopharmaceuticals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

38,062.15

Clover Biopharmaceuticals Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	1,627,355.39	11,495.85

Competitive Comparison of Clover Biopharmaceuticals's Days Inventory

For the Biotechnology subindustry, Clover Biopharmaceuticals'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.

Clover Biopharmaceuticals's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Clover Biopharmaceuticals's Days Inventory falls into.

Clover Biopharmaceuticals Days Inventory Calculation

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

Clover Biopharmaceuticals'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
=	( (2662.628	+	762.34)	/	2 )	/	16.422	*	365
=	1712.484					/	16.422	*	365
=	38,062.15

Clover Biopharmaceuticals'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
=	( (1278.693	+	762.34)	/	2 )	/	16.201	*	365 / 2
=	1020.5165					/	16.201	*	365 / 2
=	11,495.85

Clover Biopharmaceuticals (HKSE:02197) 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.

Clover Biopharmaceuticals's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.201	/	1020.5165
	=	0.02

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.

Clover Biopharmaceuticals's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1020.5165	/	42.655
	=	23.92

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.

Clover Biopharmaceuticals Days Inventory Related Terms

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

Clover Biopharmaceuticals (HKSE:02197) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Clover Biopharmaceuticals Ltd (HKSE:02197) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1598-1601 West Nanjing Road, 49th Floor, Park Place, Jing’an District, Shanghai, CHN

Website

https://www.cloverbiopharma.com

Clover Biopharmaceuticals Ltd is a clinical-stage biotechnology company committed to developing novel vaccines and biologic therapeutic candidates for infectious diseases as well as cancer and autoimmune diseases.

Executives

Liang Peng	2101 Beneficial owner
Liang Joshua G	2501 Other
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Hillhouse Investment Management, Ltd.	2102 Investment manager
Aut-xxi Investment Holdings Limited	2201 Interest of corporation controlled by you
Jnry V Holdings Limited	2101 Beneficial owner
Aut-xxi Hk Holdings Limited	2101 Beneficial owner
Aut-xxi Holdings Limited	2201 Interest of corporation controlled by you
Hh Imv Holdings, L.p.	2201 Interest of corporation controlled by you
Hillhouse Fund Iv, L.p.	2201 Interest of corporation controlled by you
Temasek Holdings (private) Limited	2201 Interest of corporation controlled by you
The Core Trust Company Limited	2301 Trustee
Tct (bvi) Limited	2501 Other
Super Novel International Limited	2306 Nominee for another person
Shang Hai Tian He Sheng Tai Qi Ye Guan Li He Huo Qi Ye You Xian He Huo

Clover Biopharmaceuticals (HKSE:02197) Headlines

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