CSPC Pharmaceutical Group (HKSE:01093) Days Inventory : 130.16 (As of Dec. 2023)

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What is CSPC Pharmaceutical Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CSPC Pharmaceutical Group's Average Total Inventories for the three months ended in Dec. 2023 was HK$3,433 Mil. CSPC Pharmaceutical Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$2,407 Mil. Hence, CSPC Pharmaceutical Group's Days Inventory for the three months ended in Dec. 2023 was 130.16.

The historical rank and industry rank for CSPC Pharmaceutical Group's Days Inventory or its related term are showing as below:

HKSE:01093' s Days Inventory Range Over the Past 10 Years
Min: 98.5 Med: 114.61 Max: 170.17
Current: 110.77

During the past 13 years, CSPC Pharmaceutical Group's highest Days Inventory was 170.17. The lowest was 98.50. And the median was 114.61.

HKSE:01093's Days Inventory is ranked better than
71.43% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs HKSE:01093: 110.77

CSPC Pharmaceutical Group's Days Inventory increased from Dec. 2022 (102.82) to Dec. 2023 (130.16). It might indicate that CSPC Pharmaceutical Group'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. CSPC Pharmaceutical Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.70.

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. CSPC Pharmaceutical Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.41.

CSPC Pharmaceutical Group Days Inventory Historical Data

The historical data trend for CSPC Pharmaceutical 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.

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CSPC Pharmaceutical Group Days Inventory Chart

CSPC Pharmaceutical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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166.36

123.71

116.09

110.89

113.10

CSPC Pharmaceutical Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															102.82	90.18	108.80	114.81	130.16

Competitive Comparison of CSPC Pharmaceutical Group's Days Inventory

For the Drug Manufacturers - General subindustry, CSPC Pharmaceutical 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.

CSPC Pharmaceutical Group's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where CSPC Pharmaceutical Group's Days Inventory falls into.

CSPC Pharmaceutical Group Days Inventory Calculation

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

CSPC Pharmaceutical Group'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
=	( (2853.051	+	3433.004)	/	2 )	/	10143.074	*	365
=	3143.0275					/	10143.074	*	365
=	113.10

CSPC Pharmaceutical Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	3433.004)	/	1 )	/	2406.803	*	365 / 4
=	3433.004					/	2406.803	*	365 / 4
=	130.16

CSPC Pharmaceutical Group (HKSE:01093) 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.

CSPC Pharmaceutical Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2406.803	/	3433.004
	=	0.70

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.

CSPC Pharmaceutical Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3433.004	/	8296.349
	=	0.41

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.

CSPC Pharmaceutical Group Days Inventory Related Terms

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

CSPC Pharmaceutical Group (HKSE:01093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CSPC Pharmaceutical Group Ltd (HKSE:01093) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CSPCY:USA CHJTF:USA CVG:Germany

Address

No. 226 Huanghe Street, Hebei Province, Shijiazhuang, CHN, 050035

Website

https://www.cspc.com.hk

CSPC Pharmaceutical Group listed on the Hong Kong Stock Exchange in 1994 and is one of the largest pharmaceutical companies in China. Its biggest business segment is the finished drugs segment which accounts for nearly 80% of its total revenue. Now it has a diversified pipeline portfolio in seven therapeutic areas including nervous system diseases, oncology, anti-infective to cardiovascular disease, respiratory system disease, and metabolism. CSPC also has a bulk drug product segment including vitamin C, antibiotics, and a caffeine series.

CSPC Pharmaceutical Group (HKSE:01093) Headlines

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