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Realcan Pharmaceutical Group Co (SZSE:002589) Days Inventory

: 43.66 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Realcan Pharmaceutical Group Co's Average Total Inventories for the three months ended in Sep. 2023 was ¥833 Mil. Realcan Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥1,740 Mil. Hence, Realcan Pharmaceutical Group Co's Days Inventory for the three months ended in Sep. 2023 was 43.66.

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

SZSE:002589' s Days Inventory Range Over the Past 10 Years
Min: 30.29   Med: 52.08   Max: 56.44
Current: 51.02

During the past 13 years, Realcan Pharmaceutical Group Co's highest Days Inventory was 56.44. The lowest was 30.29. And the median was 52.08.

SZSE:002589's Days Inventory is ranked better than
55.32% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs SZSE:002589: 51.02

Realcan Pharmaceutical Group Co's Days Inventory declined from Sep. 2022 (50.15) to Sep. 2023 (43.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Realcan Pharmaceutical Group Co's Inventory Turnover for the three months ended in Sep. 2023 was 2.09.

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. Realcan Pharmaceutical Group Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.41.


Realcan Pharmaceutical Group Co Days Inventory Historical Data

The historical data trend for Realcan Pharmaceutical Group 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.

Realcan Pharmaceutical Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.44 52.30 54.07 53.05 51.85

Realcan Pharmaceutical Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 50.15 68.47 44.85 41.87 43.66

Competitive Comparison

For the Medical Distribution subindustry, Realcan Pharmaceutical Group 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.


Realcan Pharmaceutical Group Co Days Inventory Distribution

For the Medical Distribution industry and Healthcare sector, Realcan Pharmaceutical Group Co's Days Inventory distribution charts can be found below:

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



Realcan Pharmaceutical Group Co Days Inventory Calculation

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

Realcan Pharmaceutical Group Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2067.938 + 954.515) / 2 ) / 10639.203*365
=1511.2265 / 10639.203*365
=51.85

Realcan Pharmaceutical Group Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (876.691 + 788.333) / 2 ) / 1739.857*365 / 4
=832.512 / 1739.857*365 / 4
=43.66

* 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.


Realcan Pharmaceutical Group Co  (SZSE:002589) 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.

Realcan Pharmaceutical Group Co's Inventory Turnover for the three months ended in Sep. 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.

Realcan Pharmaceutical Group Co's Inventory to Revenue for the three months ended in Sep. 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.


Realcan Pharmaceutical Group Co Days Inventory Related Terms

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


Realcan Pharmaceutical Group Co (SZSE:002589) Business Description

Traded in Other Exchanges
N/A
Address
No. 326, Airport Road, Zhifu District, Shandong Province, Yantai, CHN, 264004
Realcan Pharmaceutical Group Co Ltd is a Chinese company engaged in direct pharmaceuticals distribution services. The company's main business is divided into the Drug, vaccine, medical device circulation service; Medical industry third-party logistics; Medical information service; Medical logistics service; Chinese medicine plate; Hospital management sector; Medical industry research and development production sector; and Medical industry financial sector.

Realcan Pharmaceutical Group Co (SZSE:002589) Headlines

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