Suzhou Basecare Medical (HKSE:02170) Days Inventory : 240.87 (As of Dec. 2023)

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What is Suzhou Basecare Medical Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzhou Basecare Medical's Average Total Inventories for the six months ended in Dec. 2023 was HK$93.3 Mil. Suzhou Basecare Medical's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$70.7 Mil. Hence, Suzhou Basecare Medical's Days Inventory for the six months ended in Dec. 2023 was 240.87.

The historical rank and industry rank for Suzhou Basecare Medical's Days Inventory or its related term are showing as below:

HKSE:02170' s Days Inventory Range Over the Past 10 Years
Min: 59.31 Med: 125.76 Max: 229.27
Current: 229.27

During the past 6 years, Suzhou Basecare Medical's highest Days Inventory was 229.27. The lowest was 59.31. And the median was 125.76.

HKSE:02170's Days Inventory is ranked worse than
61.14% of 772 companies
in the Medical Devices & Instruments industry
Industry Median: 193.905 vs HKSE:02170: 229.27

Suzhou Basecare Medical's Days Inventory increased from Dec. 2022 (217.99) to Dec. 2023 (240.87). It might indicate that Suzhou Basecare Medical's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Basecare Medical's Inventory Turnover for the six months ended in Dec. 2023 was 0.76.

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. Suzhou Basecare Medical's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.70.

Suzhou Basecare Medical Days Inventory Historical Data

The historical data trend for Suzhou Basecare Medical'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.

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Suzhou Basecare Medical Days Inventory Chart

Suzhou Basecare Medical Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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123.33

59.31

128.19

189.84

224.15

Suzhou Basecare Medical Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					145.97	206.68	217.99	220.58	240.87

Competitive Comparison of Suzhou Basecare Medical's Days Inventory

For the Medical Devices subindustry, Suzhou Basecare Medical'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.

Suzhou Basecare Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Suzhou Basecare Medical's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suzhou Basecare Medical's Days Inventory falls into.

Suzhou Basecare Medical Days Inventory Calculation

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

Suzhou Basecare Medical'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
=	( (53.741	+	102.934)	/	2 )	/	127.562	*	365
=	78.3375					/	127.562	*	365
=	224.15

Suzhou Basecare Medical'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
=	( (83.702	+	102.934)	/	2 )	/	70.705	*	365 / 2
=	93.318					/	70.705	*	365 / 2
=	240.87

Suzhou Basecare Medical (HKSE:02170) 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.

Suzhou Basecare Medical's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70.705	/	93.318
	=	0.76

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.

Suzhou Basecare Medical's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	93.318	/	133.911
	=	0.70

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.

Suzhou Basecare Medical Days Inventory Related Terms

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

Suzhou Basecare Medical (HKSE:02170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Basecare Medical Corp Ltd (HKSE:02170) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

BioBay, No. 218 Xinghu Street, Unit 101, Building A3, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000

Website

https://www.basecare.cn

Suzhou Basecare Medical Corp Ltd is engaged in providing genetic testing solutions for assisted human reproduction. The company generates revenues from Sales of testing kits, followed by Sales of testing devices and instruments. Basecare focuses on the assisted reproductive sector, such as pre-implantation genetic screening and diagnosis, non-invasive prenatal DNA testing, and chromosome abnormalities testing. It generates revenue from China.

Executives

Orbimed Capital Llc	2102 Investment manager
Lake Bleu Prime Healthcare Master Fund Limited	2201 Interest of corporation controlled by you
Orbimed Partners Master Fund Limited	2101 Beneficial owner
Dawn Capital Fund	2101 Beneficial owner
Dawn Capital Limited	2102 Investment manager
Hh Spr-xiv Cy Holdings Limited	2201 Interest of corporation controlled by you
Hh Spr-xiv Hk Holdings Limited	2101 Beneficial owner
Hh Spr-xiv Holdings L.p.	2201 Interest of corporation controlled by you
Hillhouse Fund Iv, L.p.	2201 Interest of corporation controlled by you
Hillhouse Investment Management, Ltd.	2102 Investment manager

Suzhou Basecare Medical (HKSE:02170) Headlines

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