The historical rank and industry rank for Sinopharm Group Co's Days Inventory or its related term are showing as below:
HKSE:01099'
s Days Inventory Range Over the Past 10 Years
Min: 35.33 Med: 38.1 Max: 43.96
Current: 43.96
During the past 13 years, Sinopharm Group Co's highest Days Inventory was 43.96. The lowest was 35.33. And the median was 38.10.
HKSE:01099's Days Inventory is ranked better than 61.68% of 107
companies
in the Medical Distribution industry
Industry Median: 58.44
vs HKSE:01099: 43.96
Sinopharm Group Co's Days Inventory
increased
from Jun. 2023 (42.43) to Jun. 2024 (43.43).
It might indicate that Sinopharm Group Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sinopharm Group Co's Inventory Turnover for the
six
months 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
six
months ended in Jun. 2024 was 0.22.
Sinopharm Group Co Days Inventory Historical Data
The historical data trend for Sinopharm 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.
Competitive Comparison of Sinopharm Group Co's Days Inventory
For the Medical Distribution subindustry, Sinopharm 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.
Sinopharm Group Co's Days Inventory Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Sinopharm Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sinopharm Group Co's Days Inventory falls into.
Sinopharm Group Co Days Inventory Calculation
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 fiscal year that ended in Dec. 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.
Sinopharm Group Co (HKSE:01099) 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.
Sinopharm Group Co's Inventory Turnover for the
six
months ended in Jun. 2024 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.
Sinopharm Group Co's Inventory to Revenue for the
six
months ended in Jun. 2024 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.
Sinopharm Group Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Sinopharm Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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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