SHTDF (Sinopharm Group Co) Change In Inventory : $-308 Mil (TTM As of Jun. 2024)

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What is Sinopharm Group Co Change In Inventory?

Sinopharm Group Co's change in inventory for the quarter that ended in Jun. 2024 was $-1,224 Mil. It means Sinopharm Group Co's inventory increased by $1,224 Mil from Dec. 2023 to Jun. 2024 .

Sinopharm Group Co's change in inventory for the fiscal year that ended in Dec. 2023 was $64 Mil. It means Sinopharm Group Co's inventory declined by $64 Mil from Dec. 2022 to Dec. 2023 .

Sinopharm Group Co's Total Inventories for the quarter that ended in Jun. 2024 was $9,489 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinopharm Group Co's Days Inventory for the quarter that ended in Jun. 2024 was 43.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinopharm Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.20.

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. Sinopharm Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.

Sinopharm Group Co Change In Inventory Historical Data

The historical data trend for Sinopharm Group Co's Change In 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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Sinopharm Group Co Change In Inventory Chart

Sinopharm Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-872.61

-562.05

-682.23

-1,363.26

63.80

Sinopharm Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-828.71	-567.42	-849.71	916.04	-1,223.57

Sinopharm Group Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-308 Mil.

Sinopharm Group Co (OTCPK:SHTDF) Change In Inventory Explanation

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

Sinopharm Group Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8947.8515	/	37600.936	*	365 / 2
	=	43.43

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sinopharm Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37600.936	/	8947.8515
	=	4.20

3. 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.

Sinopharm Group Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8947.8515	/	40625.637
	=	0.22

Sinopharm Group Co Change In Inventory Related Terms

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Sinopharm Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sinopharm Group Co Ltd (OTCPK:SHTDF) » Definitions » Change In Inventory

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Traded in Other Exchanges

SHTDY:USA 01099:Hong Kong X2S:Germany

Address

No. 385, East Longhua Road, Sinopharm Group Building, Huangpu District, Shanghai, CHN, 200023

Website

http://www.sinopharmgroup.com.cn

Founded in 2003, Sinopharm is the largest wholesaler and retailer of drugs and medical devices in China and listed on the Hong Kong Stock Exchange in 2009. It is a core subsidiary of China National Pharmaceutical Group. Sinopharm's largest operating segment is pharmaceutical distribution, making up over 70% of its total revenue by the end of 2023. In 2018, Sinopharm acquired the largest Chinese medical device distributor, China National Scientific Instruments and Materials. Now, medical device distribution accounts for over 20% of Sinopharm's total revenue. Sinopharm's downstream customers range from hospitals and other health services institutions to end-customers.

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