CORBF (Global Cord Blood) Days Inventory: 101.17 (As of Mar. 2022)


CORBF Global Cord Blood Corp CORBF
12 GF Score
Price $0.95
View Full Analysis

What is Global Cord Blood Days Inventory?

Global Cord Blood CORBF -4.90% 12 Days Inventory is 101.17 as of Mar. 2022. GuruFocus rates CORBF with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Global Cord Blood's Average Total Inventories for the three months ended in Mar. 2022 was $7.3 Mil. Global Cord Blood's Cost of Goods Sold for the three months ended in Mar. 2022 was $6.6 Mil. Hence, Global Cord Blood's Days Inventory for the three months ended in Mar. 2022 was 101.17.

The historical rank and industry rank for Global Cord Blood's Days Inventory or its related term are showing as below:

CORBF's Days Inventory is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 68.88
* Ranked among companies with meaningful Days Inventory only.

Global Cord Blood's Days Inventory increased from Mar. 2021 (100.48) to Mar. 2022 (101.17). It might indicate that Global Cord Blood's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Cord Blood's Inventory Turnover for the three months ended in Mar. 2022 was 0.90.

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. Global Cord Blood's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.16.


Global Cord Blood  (OTCPK:CORBF) 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.

Global Cord Blood's Inventory Turnover for the three months ended in Mar. 2022 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.

Global Cord Blood's Inventory to Revenue for the three months ended in Mar. 2022 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.


Global Cord Blood Days Inventory Related Terms


Global Cord Blood Days Inventory Historical Data

* Premium members only.

The historical data trend for Global Cord Blood'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.

Global Cord Blood Days Inventory Chart

Global Cord Blood Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.43 55.98 70.09 86.52 88.61

Global Cord Blood Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 100.48 76.90 70.06 77.91 101.17

CORBF vs PRE, LMDX, NOTV: Days Inventory Comparison

For the Diagnostics & Research subindustry, Global Cord Blood'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.


Global Cord Blood Days Inventory vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Global Cord Blood's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global Cord Blood's Days Inventory falls into.


CORBF
12GF Score
Global Cord Blood Corp CORBF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Cord Blood Days Inventory Calculation

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

Global Cord Blood's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (6.797 + 7.231) / 2 ) / 28.892*365
=7.014 / 28.892*365
=88.61

Global Cord Blood's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (7.44 + 7.231) / 2 ) / 6.616*365 / 4
=7.3355 / 6.616*365 / 4
=101.17

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 101.17 mean?
Global Cord Blood (CORBF) has a Days Inventory of 101.17 as of Mar. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Global Cord Blood and its competitors.
Is Global Cord Blood's Days Inventory too high?
Global Cord Blood's current Days Inventory is 101.17. The Medical Diagnostics & Research industry median Days Inventory is 68.88. Global Cord Blood's value of 101.17 is 46.9% above this industry median. Overall, Global Cord Blood has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Global Cord Blood's Days Inventory compare to PRE and LMDX?
Global Cord Blood's Days Inventory of 101.17 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Days Inventory is 68.88. Global Cord Blood's value of 101.17 is 46.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Medical Diagnostics & Research company?
The median Days Inventory among Medical Diagnostics & Research companies is 68.88, based on 176 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Cord Blood's current Days Inventory of 101.17 is 46.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Global Cord Blood and its competitors. For the Medical Diagnostics & Research industry, the median Days Inventory is 68.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Cord Blood's current Days Inventory is 101.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Cord Blood stock overvalued right now?
Global Cord Blood (CORBF) has a current Days Inventory of 101.17. The current Days Inventory is 101.17 and 46.9% above the Medical Diagnostics & Research industry median of 68.88. Global Cord Blood's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Global Cord Blood (CORBF), the current Days Inventory is 101.17 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global Cord Blood Business Description

Address 1 Garden Road, 48th Floor, Bank of China Tower, Central, Hong Kong, HKG
Global Cord Blood Corp provides cord blood banking services. The company provides cord blood processing and storage services for expectant parents interested in capturing the evolving medical treatments and technologies such as cord blood transplants. The company generates all of its revenues by providing subscribers with processing services, which consist of the testing and processing of cord blood units, and storage services, which consist of the storage of cord blood units in its facilities.
12GF Score

Get the complete analysis for CORBF

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price