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Dong-E-E-Jiao Co (SZSE:000423) Days Inventory : 218.81 (As of Mar. 2024)


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What is Dong-E-E-Jiao Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dong-E-E-Jiao Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥983 Mil. Dong-E-E-Jiao Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥410 Mil. Hence, Dong-E-E-Jiao Co's Days Inventory for the three months ended in Mar. 2024 was 218.81.

The historical rank and industry rank for Dong-E-E-Jiao Co's Days Inventory or its related term are showing as below:

SZSE:000423' s Days Inventory Range Over the Past 10 Years
Min: 266.25   Med: 441.64   Max: 808.23
Current: 270.52

During the past 13 years, Dong-E-E-Jiao Co's highest Days Inventory was 808.23. The lowest was 266.25. And the median was 441.64.

SZSE:000423's Days Inventory is ranked worse than
80.47% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.9 vs SZSE:000423: 270.52

Dong-E-E-Jiao Co's Days Inventory declined from Mar. 2023 (365.57) to Mar. 2024 (218.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dong-E-E-Jiao Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.42.

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. Dong-E-E-Jiao Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.68.


Dong-E-E-Jiao Co Days Inventory Historical Data

The historical data trend for Dong-E-E-Jiao 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.

Dong-E-E-Jiao Co Days Inventory Chart

Dong-E-E-Jiao 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 808.23 714.59 518.66 410.87 292.79

Dong-E-E-Jiao 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 365.57 343.41 300.78 237.84 218.81

Competitive Comparison of Dong-E-E-Jiao Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Dong-E-E-Jiao 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.


Dong-E-E-Jiao Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dong-E-E-Jiao Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dong-E-E-Jiao Co's Days Inventory falls into.



Dong-E-E-Jiao Co Days Inventory Calculation

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

Dong-E-E-Jiao 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
=( (1238.592 + 1012.458) / 2 ) / 1403.111*365
=1125.525 / 1403.111*365
=292.79

Dong-E-E-Jiao 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
=( (1012.458 + 954.036) / 2 ) / 410.038*365 / 4
=983.247 / 410.038*365 / 4
=218.81

* 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.


Dong-E-E-Jiao Co  (SZSE:000423) 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.

Dong-E-E-Jiao 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.

Dong-E-E-Jiao 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.


Dong-E-E-Jiao Co Days Inventory Related Terms

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


Dong-E-E-Jiao Co (SZSE:000423) Business Description

Traded in Other Exchanges
N/A
Address
No. 78 Ejiao Street, Dong'a County, Liaocheng, Shandong, CHN, 252201
Dong-E-E-Jiao Co Ltd is a China-based company engages in the manufacturing and selling of Chinese herb and traditional Chinese medicines, auxiliary materials for medicine, biological and healthcare products and genetically engineered medicines. The company also exports its products to Europe, the United States, and Southeast Asia.

Dong-E-E-Jiao Co (SZSE:000423) Headlines

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