GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shanghai Pioneer Holding Ltd (HKSE:01345) » Definitions » Days Inventory

Shanghai Pioneer Holding (HKSE:01345) Days Inventory : 136.91 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Shanghai Pioneer Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Pioneer Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$392 Mil. Shanghai Pioneer Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$523 Mil. Hence, Shanghai Pioneer Holding's Days Inventory for the six months ended in Dec. 2023 was 136.91.

The historical rank and industry rank for Shanghai Pioneer Holding's Days Inventory or its related term are showing as below:

HKSE:01345' s Days Inventory Range Over the Past 10 Years
Min: 141.51   Med: 192.09   Max: 239.4
Current: 141.51

During the past 12 years, Shanghai Pioneer Holding's highest Days Inventory was 239.40. The lowest was 141.51. And the median was 192.09.

HKSE:01345's Days Inventory is ranked worse than
89.55% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.66 vs HKSE:01345: 141.51

Shanghai Pioneer Holding's Days Inventory increased from Dec. 2022 (107.74) to Dec. 2023 (136.91). It might indicate that Shanghai Pioneer Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Pioneer Holding's Inventory Turnover for the six months ended in Dec. 2023 was 1.33.

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. Shanghai Pioneer Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.43.


Shanghai Pioneer Holding Days Inventory Historical Data

The historical data trend for Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding Days Inventory Chart

Shanghai Pioneer Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.07 206.17 200.83 151.67 151.50

Shanghai Pioneer Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 130.76 160.69 107.74 136.07 136.91

Competitive Comparison of Shanghai Pioneer Holding's Days Inventory

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.


Shanghai Pioneer Holding's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Days Inventory falls into.



Shanghai Pioneer Holding Days Inventory Calculation

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

Shanghai Pioneer Holding'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
=( (358.613 + 457.127) / 2 ) / 982.688*365
=407.87 / 982.688*365
=151.50

Shanghai Pioneer Holding's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (327.208 + 457.127) / 2 ) / 522.771*365 / 2
=392.1675 / 522.771*365 / 2
=136.91

* 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.


Shanghai Pioneer Holding  (HKSE:01345) 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.

Shanghai Pioneer Holding's Inventory Turnover for the six months ended in Dec. 2023 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.

Shanghai Pioneer Holding's Inventory to Revenue for the six months 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.


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.


Shanghai Pioneer Holding Days Inventory Related Terms

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


Shanghai Pioneer Holding (HKSE:01345) Business Description

Traded in Other Exchanges
N/A
Address
No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331
Shanghai Pioneer Holding Ltd is an investment holding company. It is engaged in the marketing, promotion, sales, and channel management service for pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products segment. The group operates mainly in PRC.

Shanghai Pioneer Holding (HKSE:01345) Headlines

No Headlines