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Beijing Tiantan Biological Products (SHSE:600161) Days Inventory : 533.29 (As of Sep. 2024)


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What is Beijing Tiantan Biological Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Tiantan Biological Products's Average Total Inventories for the three months ended in Sep. 2024 was ¥3,273 Mil. Beijing Tiantan Biological Products's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥560 Mil. Hence, Beijing Tiantan Biological Products's Days Inventory for the three months ended in Sep. 2024 was 533.29.

The historical rank and industry rank for Beijing Tiantan Biological Products's Days Inventory or its related term are showing as below:

SHSE:600161' s Days Inventory Range Over the Past 10 Years
Min: 359.29   Med: 386.93   Max: 465.59
Current: 465.59

During the past 13 years, Beijing Tiantan Biological Products's highest Days Inventory was 465.59. The lowest was 359.29. And the median was 386.93.

SHSE:600161's Days Inventory is ranked worse than
79.63% of 643 companies
in the Biotechnology industry
Industry Median: 184.2 vs SHSE:600161: 465.59

Beijing Tiantan Biological Products's Days Inventory increased from Sep. 2023 (341.02) to Sep. 2024 (533.29). It might indicate that Beijing Tiantan Biological Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Tiantan Biological Products's Inventory Turnover for the three months ended in Sep. 2024 was 0.17.

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. Beijing Tiantan Biological Products's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.66.


Beijing Tiantan Biological Products Days Inventory Historical Data

The historical data trend for Beijing Tiantan Biological Products'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.

Beijing Tiantan Biological Products Days Inventory Chart

Beijing Tiantan Biological Products 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 405.70 431.36 365.06 376.45 370.37

Beijing Tiantan Biological Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 341.02 463.46 503.48 392.40 533.29

Competitive Comparison of Beijing Tiantan Biological Products's Days Inventory

For the Biotechnology subindustry, Beijing Tiantan Biological Products'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.


Beijing Tiantan Biological Products's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Tiantan Biological Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Tiantan Biological Products's Days Inventory falls into.



Beijing Tiantan Biological Products Days Inventory Calculation

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

Beijing Tiantan Biological Products'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
=( (2332.002 + 2844.499) / 2 ) / 2550.721*365
=2588.2505 / 2550.721*365
=370.37

Beijing Tiantan Biological Products's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (3138.286 + 3408.196) / 2 ) / 560.074*365 / 4
=3273.241 / 560.074*365 / 4
=533.29

* 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.


Beijing Tiantan Biological Products  (SHSE:600161) 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.

Beijing Tiantan Biological Products's Inventory Turnover for the three months ended in Sep. 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.

Beijing Tiantan Biological Products's Inventory to Revenue for the three months ended in Sep. 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.


Beijing Tiantan Biological Products Days Inventory Related Terms

Thank you for viewing the detailed overview of Beijing Tiantan Biological Products's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Tiantan Biological Products Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Boxing 2nd Road, Room 521, Building 8, Beijing Economic and Technological Development Zone, Beijing, CHN, 100024
Beijing Tiantan Biological Products Corp Ltd uses healthy human plasma and specifically immunized human plasma as raw materials and adopts genetic recombination technology to develop and produce blood products and engage in the blood product business.
Executives
Zhang Yi senior management
Ci Xiang senior management
Fu Dao Xing Directors, senior managers
Hu Li Gang Director
Yang Hui Chuan Director
Liu Ya Na Directors, senior managers
He Yan Lin Directors, senior managers
Wang Jian Ming Supervisors
Wu Zhen Shan senior management

Beijing Tiantan Biological Products Headlines

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