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Yichang HEC ChangJiang Pharmaceutical Co (HKSE:01558) Days Inventory : 104.84 (As of Dec. 2023)


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What is Yichang HEC ChangJiang Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yichang HEC ChangJiang Pharmaceutical Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$417 Mil. Yichang HEC ChangJiang Pharmaceutical Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$726 Mil. Hence, Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory for the six months ended in Dec. 2023 was 104.84.

The historical rank and industry rank for Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory or its related term are showing as below:

HKSE:01558' s Days Inventory Range Over the Past 10 Years
Min: 71.28   Med: 180.83   Max: 610.04
Current: 100.79

During the past 10 years, Yichang HEC ChangJiang Pharmaceutical Co's highest Days Inventory was 610.04. The lowest was 71.28. And the median was 180.83.

HKSE:01558's Days Inventory is ranked better than
76.7% of 970 companies
in the Drug Manufacturers industry
Industry Median: 160.6 vs HKSE:01558: 100.79

Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory increased from Dec. 2022 (104.11) to Dec. 2023 (104.84). It might indicate that Yichang HEC ChangJiang Pharmaceutical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yichang HEC ChangJiang Pharmaceutical Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.74.

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. Yichang HEC ChangJiang Pharmaceutical Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.


Yichang HEC ChangJiang Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Yichang HEC ChangJiang Pharmaceutical 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.

* Premium members only.

Yichang HEC ChangJiang Pharmaceutical Co Days Inventory Chart

Yichang HEC ChangJiang Pharmaceutical Co 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 71.28 290.09 274.08 126.23 101.89

Yichang HEC ChangJiang Pharmaceutical Co Semi-Annual Data
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 185.07 166.64 104.11 95.51 104.84

Competitive Comparison of Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Yichang HEC ChangJiang Pharmaceutical 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.


Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory falls into.



Yichang HEC ChangJiang Pharmaceutical Co Days Inventory Calculation

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

Yichang HEC ChangJiang Pharmaceutical Co'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
=( (351.795 + 447.41) / 2 ) / 1431.561*365
=399.6025 / 1431.561*365
=101.89

Yichang HEC ChangJiang Pharmaceutical Co'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
=( (386.701 + 447.41) / 2 ) / 726.003*365 / 2
=417.0555 / 726.003*365 / 2
=104.84

* 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.


Yichang HEC ChangJiang Pharmaceutical Co  (HKSE:01558) 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.

Yichang HEC ChangJiang Pharmaceutical Co'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.

Yichang HEC ChangJiang Pharmaceutical Co'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.


Yichang HEC ChangJiang Pharmaceutical Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Yichang HEC ChangJiang Pharmaceutical Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Yichang HEC ChangJiang Pharmaceutical Co (HKSE:01558) Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Binjiang Road, Yidu, Hubei Province, Yichang, CHN
Yichang HEC ChangJiang Pharmaceutical Co Ltd functions in the Chinese drug industry. As a domestic manufacturing wing of the HEC Group, Yichang employs its therapeutic technology to address viral, endocrine, metabolic, and cardiovascular diseases. The company's key revenue driver is the anti-viral product division, which manufactures its key product, Kewei. It is one of the leading products in China's anti-influenza market. Its other products include Ertongshu, Oumeining, Olmesartan Tablets, and Clarithromycin Tablets.
Executives
Shao Guan Xin Yu Neng Shi Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Dong Yang Guang Xiao Shou You Xian Gong Si 2101 Beneficial owner
Shen Zhen Shi Dong Yang Guang Shi Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Dong Dong Yang Guang Yao Ye Gu Fen You Xian Gong Si 2101 Beneficial owner
Ru Yuan Yao Zu Zi Zhi Xian Xin Jing Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Ru Yuan Yao Zu Zi Zhi Xian Yu Neng Dian Zi Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Guo Meilan 2201 Interest of corporation controlled by you
Hua Xiaoyi 2201 Interest of corporation controlled by you
Zhang Yushuai 2201 Interest of corporation controlled by you
Blackstone Dawn Pte. Ltd. 2101 Beneficial owner
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Blackstone Inc. 2201 Interest of corporation controlled by you
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