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Beijing Tongrentang Co (SHSE:600085) Days Inventory : 377.90 (As of Dec. 2023)


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What is Beijing Tongrentang Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Tongrentang Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥8,463 Mil. Beijing Tongrentang Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥2,044 Mil. Hence, Beijing Tongrentang Co's Days Inventory for the three months ended in Dec. 2023 was 377.90.

The historical rank and industry rank for Beijing Tongrentang Co's Days Inventory or its related term are showing as below:

SHSE:600085' s Days Inventory Range Over the Past 10 Years
Min: 284.91   Med: 296.3   Max: 322.76
Current: 284.91

During the past 13 years, Beijing Tongrentang Co's highest Days Inventory was 322.76. The lowest was 284.91. And the median was 296.30.

SHSE:600085's Days Inventory is ranked worse than
82.32% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs SHSE:600085: 284.91

Beijing Tongrentang Co's Days Inventory increased from Dec. 2022 (264.51) to Dec. 2023 (377.90). It might indicate that Beijing Tongrentang Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Tongrentang Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.24.

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. Beijing Tongrentang Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.04.


Beijing Tongrentang Co Days Inventory Historical Data

The historical data trend for Beijing Tongrentang 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.

Beijing Tongrentang Co Days Inventory Chart

Beijing Tongrentang Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 316.06 322.76 291.81 298.29 310.84

Beijing Tongrentang Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 264.51 217.12 238.58 309.42 377.90

Competitive Comparison of Beijing Tongrentang Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Tongrentang 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.


Beijing Tongrentang Co's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Beijing Tongrentang Co's Days Inventory falls into.



Beijing Tongrentang Co Days Inventory Calculation

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

Beijing Tongrentang 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
=( (6694.368 + 9340.165) / 2 ) / 9414.07*365
=8017.2665 / 9414.07*365
=310.84

Beijing Tongrentang 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7586.096 + 9340.165) / 2 ) / 2043.547*365 / 4
=8463.1305 / 2043.547*365 / 4
=377.90

* 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.


Beijing Tongrentang Co  (SHSE:600085) 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.

Beijing Tongrentang Co's Inventory Turnover for the three 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.

Beijing Tongrentang Co's Inventory to Revenue for the three 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.


Beijing Tongrentang Co Days Inventory Related Terms

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


Beijing Tongrentang Co (SHSE:600085) Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Dong Xing Long Street, Chongwen District, Beijing, Beijing, CHN, 100062
Beijing Tongrentang Co Ltd is a China-based company operating in the traditional Chinese medicinal industry. The company produces modern pharmaceuticals and operates retail businesses and medical services. Its products are Children Qingfei oral liquid, Rana oil granules, Ejiao, and others.

Beijing Tongrentang Co (SHSE:600085) Headlines

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