Charmacy Pharmaceutical Co (HKSE:02289) Days Inventory : 66.45 (As of Jun. 2024)

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What is Charmacy Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Charmacy Pharmaceutical Co's Average Total Inventories for the six months ended in Jun. 2024 was HK$854 Mil. Charmacy Pharmaceutical Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,345 Mil. Hence, Charmacy Pharmaceutical Co's Days Inventory for the six months ended in Jun. 2024 was 66.45.

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

HKSE:02289' s Days Inventory Range Over the Past 10 Years
Min: 31.07 Med: 48.77 Max: 66.45
Current: 66.45

During the past 11 years, Charmacy Pharmaceutical Co's highest Days Inventory was 66.45. The lowest was 31.07. And the median was 48.77.

HKSE:02289's Days Inventory is ranked worse than
58.72% of 109 companies
in the Medical Distribution industry
Industry Median: 55.61 vs HKSE:02289: 66.45

Charmacy Pharmaceutical Co's Days Inventory increased from Jun. 2023 (56.66) to Jun. 2024 (66.45). It might indicate that Charmacy Pharmaceutical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Charmacy Pharmaceutical Co's Inventory Turnover for the six months ended in Jun. 2024 was 2.75.

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. Charmacy Pharmaceutical Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.34.

Charmacy Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Charmacy 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.

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Charmacy Pharmaceutical Co Days Inventory Chart

Charmacy Pharmaceutical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

51.99

55.19

53.54

61.04

64.41

Charmacy Pharmaceutical Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															49.98	56.66	68.85	66.45	68.95

Competitive Comparison of Charmacy Pharmaceutical Co's Days Inventory

For the Medical Distribution subindustry, Charmacy 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.

Charmacy Pharmaceutical Co's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Charmacy Pharmaceutical Co's Days Inventory distribution charts can be found below:

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

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Charmacy Pharmaceutical Co Days Inventory Calculation

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

Charmacy 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
=	( (655.348	+	848.6)	/	2 )	/	4496.404	*	365
=	751.974					/	4496.404	*	365
=	61.04

Charmacy Pharmaceutical Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (848.6	+	858.884)	/	2 )	/	2344.712	*	365 / 2
=	853.742					/	2344.712	*	365 / 2
=	66.45

Charmacy Pharmaceutical Co (HKSE:02289) 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.

Charmacy Pharmaceutical Co's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2344.712	/	853.742
	=	2.75

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.

Charmacy Pharmaceutical Co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	853.742	/	2526.847
	=	0.34

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.

Charmacy Pharmaceutical Co Days Inventory Related Terms

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

Charmacy Pharmaceutical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Charmacy Pharmaceutical Co Ltd (HKSE:02289) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 235, Song Shan North Road, Longhu District, Guangdong Province, Shantou, CHN, 515041

Website

https://www.chmyy.com

Charmacy Pharmaceutical Co Ltd is a China-based pharmaceutical distributor. It distributes Western medicine, Chinese patent medicine, and healthcare products to downstream distributors and retail terminals while conducting dealings in the third-party logistics business of medicines and providing pharmaceutical products-related consulting services. The company's distribution network covers Southern China and surrounding areas including Fujian province. All the group's operations are located in China.

Executives

Jiangxi Pharmaceutical Investment Co., Limited	2101 Beneficial owner
Jiang Yao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Xi Jiang Zhong Yi Yao Shang Ye Yun Ying You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Yao Chuanglong	2101 Beneficial owner
You Zeyan	2202 Interest of your spouse
Guang Zhou Bai Yun Shan Yi Yao Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Yi Yao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Yao Bai Yun Shan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Wang Yonghui	2101 Beneficial owner

Charmacy Pharmaceutical Co Headlines

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