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WuXi XDC Cayman (FRA:L74) Days Inventory : 12.73 (As of Jun. 2023)


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What is WuXi XDC Cayman Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WuXi XDC Cayman's Average Total Inventories for the three months ended in Jun. 2023 was €7.1 Mil. WuXi XDC Cayman's Cost of Goods Sold for the three months ended in Jun. 2023 was €50.9 Mil. Hence, WuXi XDC Cayman's Days Inventory for the three months ended in Jun. 2023 was 12.73.

The historical rank and industry rank for WuXi XDC Cayman's Days Inventory or its related term are showing as below:

FRA:L74' s Days Inventory Range Over the Past 10 Years
Min: 12.96   Med: 25.55   Max: 31.75
Current: 25.83

During the past 4 years, WuXi XDC Cayman's highest Days Inventory was 31.75. The lowest was 12.96. And the median was 25.55.

FRA:L74's Days Inventory is ranked better than
80% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175 vs FRA:L74: 25.83

WuXi XDC Cayman's Days Inventory declined from Mar. 2022 (27.96) to Jun. 2023 (12.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. WuXi XDC Cayman's Inventory Turnover for the three months ended in Jun. 2023 was 7.17.

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. WuXi XDC Cayman's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.11.

WuXi XDC Cayman Days Inventory Historical Data

The historical data trend for WuXi XDC Cayman'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.

WuXi XDC Cayman Days Inventory Chart

WuXi XDC Cayman Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
31.74 28.38 21.86 13.20

WuXi XDC Cayman Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - - 15.15 12.73 -

Competitive Comparison of WuXi XDC Cayman's Days Inventory

For the Diagnostics & Research subindustry, WuXi XDC Cayman'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.

WuXi XDC Cayman's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, WuXi XDC Cayman's Days Inventory distribution charts can be found below:

* The bar in red indicates where WuXi XDC Cayman's Days Inventory falls into.


WuXi XDC Cayman Days Inventory Calculation

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

WuXi XDC Cayman'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
=( (8.522 + 6.011) / 2 ) / 200.897*365
=7.2665 / 200.897*365
=13.20

WuXi XDC Cayman's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (8.093 + 6.11) / 2 ) / 50.89*365 / 4
=7.1015 / 50.89*365 / 4
=12.73

* 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.

WuXi XDC Cayman  (FRA:L74) 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.

WuXi XDC Cayman's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=50.89 / 7.1015
=7.17

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.

WuXi XDC Cayman's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7.1015 / 65.2
=0.11

* 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.

WuXi XDC Cayman Days Inventory Related Terms

Thank you for viewing the detailed overview of WuXi XDC Cayman's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

WuXi XDC Cayman (FRA:L74) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » WuXi XDC Cayman Inc (FRA:L74) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
02268:Hong Kong
Address
No. 11 Xinhui Ring Road, Xinwu, Jiangsu, Wuxi, CHN
Website
WuXi XDC Cayman Inc is a leading CRDMO focused on the global ADC and broader bioconjugate market and the only one dedicated to providing integrated and end-to-end services. Leveraging expertise in both biologics and small molecules, It offers interdisciplinary and comprehensive services, covering bioconjugate discovery, research, development and manufacturing. The company provides these services from proximately located, state-of-the-art laboratories and manufacturing facilities, leading to the significant reduction of development timeline and costs. As a fully integrated one-stop bioconjugate discovery, development and manufacturing platform, its mission is to continuously enhance its platform, and propel and transform the development of the bioconjugate industry.

WuXi XDC Cayman (FRA:L74) Headlines

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