China Resources Boya Bio-pharmaceutical Group Co (SZSE:300294) Days Inventory : 354.83 (As of Mar. 2024)

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What is China Resources Boya Bio-pharmaceutical Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Resources Boya Bio-pharmaceutical Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥562 Mil. China Resources Boya Bio-pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥144 Mil. Hence, China Resources Boya Bio-pharmaceutical Group Co's Days Inventory for the three months ended in Mar. 2024 was 354.83.

The historical rank and industry rank for China Resources Boya Bio-pharmaceutical Group Co's Days Inventory or its related term are showing as below:

SZSE:300294' s Days Inventory Range Over the Past 10 Years
Min: 178.28 Med: 233.15 Max: 320.07
Current: 217.74

During the past 13 years, China Resources Boya Bio-pharmaceutical Group Co's highest Days Inventory was 320.07. The lowest was 178.28. And the median was 233.15.

SZSE:300294's Days Inventory is ranked worse than
55.23% of 650 companies
in the Biotechnology industry
Industry Median: 192.335 vs SZSE:300294: 217.74

China Resources Boya Bio-pharmaceutical Group Co's Days Inventory increased from Mar. 2023 (138.23) to Mar. 2024 (354.83). It might indicate that China Resources Boya Bio-pharmaceutical Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Boya Bio-pharmaceutical Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. China Resources Boya Bio-pharmaceutical Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.25.

China Resources Boya Bio-pharmaceutical Group Co Days Inventory Historical Data

The historical data trend for China Resources Boya Bio-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.

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China Resources Boya Bio-pharmaceutical Group Co Days Inventory Chart

China Resources Boya Bio-pharmaceutical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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229.08

227.06

218.69

196.06

178.28

China Resources Boya Bio-pharmaceutical Group 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															138.23	157.30	164.46	327.13	354.83

Competitive Comparison of China Resources Boya Bio-pharmaceutical Group Co's Days Inventory

For the Biotechnology subindustry, China Resources Boya Bio-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.

China Resources Boya Bio-pharmaceutical Group Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, China Resources Boya Bio-pharmaceutical Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Resources Boya Bio-pharmaceutical Group Co's Days Inventory falls into.

China Resources Boya Bio-pharmaceutical Group Co Days Inventory Calculation

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

China Resources Boya Bio-pharmaceutical Group 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
=	( (666.963	+	556.94)	/	2 )	/	1252.861	*	365
=	611.9515					/	1252.861	*	365
=	178.28

China Resources Boya Bio-pharmaceutical Group 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
=	( (556.94	+	566.513)	/	2 )	/	144.458	*	365 / 4
=	561.7265					/	144.458	*	365 / 4
=	354.83

China Resources Boya Bio-pharmaceutical Group Co (SZSE:300294) 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.

China Resources Boya Bio-pharmaceutical Group Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	144.458	/	561.7265
	=	0.26

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.

China Resources Boya Bio-pharmaceutical Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	561.7265	/	448.453
	=	1.25

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.

China Resources Boya Bio-pharmaceutical Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of China Resources Boya Bio-pharmaceutical Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Boya Bio-pharmaceutical Group Co (SZSE:300294) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » China Resources Boya Bio-pharmaceutical Group Co Ltd (SZSE:300294) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 333, Huiquan Road, High-tech Industrial Park, Jiangxi Province, Fuzhou, CHN, 344000

Website

https://www.china-boya.com

China Resources Boya Bio-pharmaceutical Group Co Ltd is a China-based medical industry group that integrates biochemical drugs, chemical drugs, and active pharmaceutical ingredients. It is engaged in the provision of medical and health products and services. The product categories of the company include blood products, biochemical drugs, chemical medicines and others. Some of the company's blood products include human albumin, rabies immunoglobulin, intravenous human immunoglobulin and human fibrinogen.

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