Days Inventory is also known as Days Sales of Inventory (DSI). Wuxi AppTec Co's Average Total Inventories for the
three
months ended in Dec. 2023 was ¥5,015 Mil. Wuxi AppTec Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ¥6,387 Mil.
Hence, Wuxi AppTec Co's Days Inventory for the
three
months ended in Dec. 2023 was 71.64.
The historical rank and industry rank for Wuxi AppTec Co's Days Inventory or its related term are showing as below:
SHSE:603259'
s Days Inventory Range Over the Past 10 Years
Min: 31.47 Med: 57.62 Max: 107.44
Current: 83.85
During the past 10 years, Wuxi AppTec Co's highest Days Inventory was 107.44. The lowest was 31.47. And the median was 57.62.
SHSE:603259's Days Inventory is ranked worse than 57.29% of 192
companies
in the Medical Diagnostics & Research industry
Industry Median: 65.03
vs SHSE:603259: 83.85
Wuxi AppTec Co's Days Inventory
declined
from Dec. 2022 (81.91) to Dec. 2023 (71.64).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Wuxi AppTec Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.27.
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.
Wuxi AppTec Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.46.
Wuxi AppTec Co Days Inventory Historical Data
The historical data trend for Wuxi AppTec 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.
Competitive Comparison of Wuxi AppTec Co's Days Inventory
For the Diagnostics & Research subindustry, Wuxi AppTec 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.
Wuxi AppTec Co's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Wuxi AppTec Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wuxi AppTec Co's Days Inventory falls into.
Wuxi AppTec Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wuxi AppTec Co's Days Inventory for the fiscal year that 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.
Wuxi AppTec Co (SHSE:603259) 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.
Wuxi AppTec 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.
Wuxi AppTec 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.
Wuxi AppTec Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Wuxi AppTec Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.
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