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CanSino Biologics (HKSE:06185) Days Inventory : 699.18 (As of Mar. 2024)


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What is CanSino Biologics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CanSino Biologics's Average Total Inventories for the three months ended in Mar. 2024 was HK$384.8 Mil. CanSino Biologics's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$50.2 Mil. Hence, CanSino Biologics's Days Inventory for the three months ended in Mar. 2024 was 699.18.

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

HKSE:06185' s Days Inventory Range Over the Past 10 Years
Min: 117.82   Med: 200.66   Max: 2457.01
Current: 117.82

During the past 8 years, CanSino Biologics's highest Days Inventory was 2457.01. The lowest was 117.82. And the median was 200.66.

HKSE:06185's Days Inventory is ranked better than
67.49% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.805 vs HKSE:06185: 117.82

CanSino Biologics's Days Inventory declined from Mar. 2023 (930.23) to Mar. 2024 (699.18).

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. CanSino Biologics's Inventory Turnover for the three months ended in Mar. 2024 was 0.13.

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. CanSino Biologics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.10.


CanSino Biologics Days Inventory Historical Data

The historical data trend for CanSino Biologics'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.

CanSino Biologics Days Inventory Chart

CanSino Biologics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 2,457.01 146.35 245.49 155.82

CanSino Biologics Quarterly Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 930.23 56.62 - 33.07 699.18

Competitive Comparison of CanSino Biologics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, CanSino Biologics'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.


CanSino Biologics's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CanSino Biologics's Days Inventory distribution charts can be found below:

* The bar in red indicates where CanSino Biologics's Days Inventory falls into.



CanSino Biologics Days Inventory Calculation

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

CanSino Biologics'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
=( (756.884 + 383.54) / 2 ) / 1335.724*365
=570.212 / 1335.724*365
=155.82

CanSino Biologics'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
=( (383.54 + 386.091) / 2 ) / 50.222*365 / 4
=384.8155 / 50.222*365 / 4
=699.18

* 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.


CanSino Biologics  (HKSE:06185) 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.

CanSino Biologics's Inventory Turnover for the three months ended in Mar. 2024 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.

CanSino Biologics's Inventory to Revenue for the three months ended in Mar. 2024 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.


CanSino Biologics Days Inventory Related Terms

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


CanSino Biologics (HKSE:06185) Business Description

Traded in Other Exchanges
Address
185 South Avenue, 401-420, 4th Floor, Biomedical Park, TEDA West District, Tianjin, CHN
CanSino Biologics Inc is a China-based company engaged in the research and development, manufacturing and commercialization of vaccine products for human use. These include products such as pneumococcal polysaccharide and conjugate vaccines as well as a DTcP-based combo and other items. At the same time, the group is also dedicated to the development of new vaccine-like recombinant adenovirus vector-based tuberculosis vaccines and a recombinant protein-based pneumococcal vaccine. Geographically, the activities are carried out through China.

CanSino Biologics (HKSE:06185) Headlines

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