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Shanghai INT Medical Instruments Co (HKSE:01501) Days Inventory : 147.26 (As of Dec. 2023)


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What is Shanghai INT Medical Instruments Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai INT Medical Instruments Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$154.8 Mil. Shanghai INT Medical Instruments Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$191.8 Mil. Hence, Shanghai INT Medical Instruments Co's Days Inventory for the six months ended in Dec. 2023 was 147.26.

The historical rank and industry rank for Shanghai INT Medical Instruments Co's Days Inventory or its related term are showing as below:

HKSE:01501' s Days Inventory Range Over the Past 10 Years
Min: 124.22   Med: 141.1   Max: 184.16
Current: 170.26

During the past 8 years, Shanghai INT Medical Instruments Co's highest Days Inventory was 184.16. The lowest was 124.22. And the median was 141.10.

HKSE:01501's Days Inventory is ranked better than
57.09% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs HKSE:01501: 170.26

Shanghai INT Medical Instruments Co's Days Inventory declined from Dec. 2022 (172.69) to Dec. 2023 (147.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai INT Medical Instruments Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.24.

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. Shanghai INT Medical Instruments Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.


Shanghai INT Medical Instruments Co Days Inventory Historical Data

The historical data trend for Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments Co Days Inventory Chart

Shanghai INT Medical Instruments Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 135.63 141.22 140.97 184.16 165.99

Shanghai INT Medical Instruments Co Semi-Annual Data
Dec16 Dec17 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 128.51 202.04 172.69 204.03 147.26

Competitive Comparison of Shanghai INT Medical Instruments Co's Days Inventory

For the Medical Instruments & Supplies subindustry, Shanghai INT Medical Instruments 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.


Shanghai INT Medical Instruments Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai INT Medical Instruments Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai INT Medical Instruments Co's Days Inventory falls into.



Shanghai INT Medical Instruments Co Days Inventory Calculation

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

Shanghai INT Medical Instruments 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
=( (172.283 + 140.846) / 2 ) / 344.284*365
=156.5645 / 344.284*365
=165.99

Shanghai INT Medical Instruments 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
=( (168.666 + 140.846) / 2 ) / 191.796*365 / 2
=154.756 / 191.796*365 / 2
=147.26

* 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.


Shanghai INT Medical Instruments Co  (HKSE:01501) 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.

Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments 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.


Shanghai INT Medical Instruments Co Days Inventory Related Terms

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Shanghai INT Medical Instruments Co (HKSE:01501) Business Description

Traded in Other Exchanges
N/A
Address
No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803
Shanghai INT Medical Instruments Co Ltd formerly Shanghai Kindly Medical Instruments Co Ltd is a manufacturer of cardiovascular interventional devices, which are mainly used in cardiovascular surgeries, and in particular, PCI procedures in China. It is engaged in the sales, manufacture, research, and development of cardiovascular interventional medical devices as well as related accessories and molds. It is also engaged in the research and development of other interventional and implantable medical devices, such as neurological interventional medical devices and endocardia implantable medical devices, among others. Geographically, it has operations in Mainland China, Europe, the United States, and Other countries.

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