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Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) Days Inventory : 198.02 (As of Mar. 2024)


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What is Zhangzhou Pientzehuang Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhangzhou Pientzehuang Pharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥3,629 Mil. Zhangzhou Pientzehuang Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,672 Mil. Hence, Zhangzhou Pientzehuang Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 198.02.

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

SHSE:600436' s Days Inventory Range Over the Past 10 Years
Min: 193.54   Med: 214.49   Max: 412.03
Current: 197.12

During the past 13 years, Zhangzhou Pientzehuang Pharmaceutical Co's highest Days Inventory was 412.03. The lowest was 193.54. And the median was 214.49.

SHSE:600436's Days Inventory is ranked worse than
65.47% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs SHSE:600436: 197.12

Zhangzhou Pientzehuang Pharmaceutical Co's Days Inventory increased from Mar. 2023 (179.10) to Mar. 2024 (198.02). It might indicate that Zhangzhou Pientzehuang Pharmaceutical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhangzhou Pientzehuang Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Zhangzhou Pientzehuang Pharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.14.


Zhangzhou Pientzehuang Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Zhangzhou Pientzehuang Pharmaceutical 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.

Zhangzhou Pientzehuang Pharmaceutical Co Days Inventory Chart

Zhangzhou Pientzehuang Pharmaceutical 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 215.30 219.17 213.68 195.61 204.69

Zhangzhou Pientzehuang Pharmaceutical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only 179.10 183.23 195.33 195.49 198.02

Competitive Comparison of Zhangzhou Pientzehuang Pharmaceutical Co's Days Inventory

For the Drug Manufacturers - General subindustry, Zhangzhou Pientzehuang Pharmaceutical 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.


Zhangzhou Pientzehuang Pharmaceutical Co's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Zhangzhou Pientzehuang Pharmaceutical Co's Days Inventory falls into.



Zhangzhou Pientzehuang Pharmaceutical Co Days Inventory Calculation

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

Zhangzhou Pientzehuang Pharmaceutical 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
=( (2627.816 + 3378.661) / 2 ) / 5355.269*365
=3003.2385 / 5355.269*365
=204.69

Zhangzhou Pientzehuang Pharmaceutical Co'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
=( (3378.661 + 3879.804) / 2 ) / 1672.358*365 / 4
=3629.2325 / 1672.358*365 / 4
=198.02

* 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.


Zhangzhou Pientzehuang Pharmaceutical Co  (SHSE:600436) 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.

Zhangzhou Pientzehuang Pharmaceutical Co'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.

Zhangzhou Pientzehuang Pharmaceutical Co'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.


Zhangzhou Pientzehuang Pharmaceutical Co Days Inventory Related Terms

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


Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Shangjie, Xiangcheng, Fujian, Zhangzhou, CHN, 363000
Zhangzhou Pientzehuang Pharmaceutical Co Ltd produces and sells Chinese medicines. The company's product categories include drugs and healthcare products, healthy foods, cosmetics, daily chemicals, and medical instruments. Some of its products include Xinshubao Tablet, Yindan Pinggan Capsule, Liuwei Dihuang Pills, and Chuangbei Qingfei Syrup.

Zhangzhou Pientzehuang Pharmaceutical Co (SHSE:600436) Headlines

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