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Joincare Pharmaceutical Group Industry Co (SHSE:600380) Days Inventory : 165.89 (As of Jun. 2024)


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What is Joincare Pharmaceutical Group Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Joincare Pharmaceutical Group Industry Co's Average Total Inventories for the three months ended in Jun. 2024 was ¥2,604 Mil. Joincare Pharmaceutical Group Industry Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥1,433 Mil. Hence, Joincare Pharmaceutical Group Industry Co's Days Inventory for the three months ended in Jun. 2024 was 165.89.

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

SHSE:600380' s Days Inventory Range Over the Past 10 Years
Min: 119.8   Med: 126.07   Max: 162.17
Current: 162.17

During the past 13 years, Joincare Pharmaceutical Group Industry Co's highest Days Inventory was 162.17. The lowest was 119.80. And the median was 126.07.

SHSE:600380's Days Inventory is ranked worse than
51.82% of 959 companies
in the Drug Manufacturers industry
Industry Median: 156.02 vs SHSE:600380: 162.17

Joincare Pharmaceutical Group Industry Co's Days Inventory increased from Jun. 2023 (164.99) to Jun. 2024 (165.89). It might indicate that Joincare Pharmaceutical Group Industry Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Joincare Pharmaceutical Group Industry Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.55.

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. Joincare Pharmaceutical Group Industry Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.67.


Joincare Pharmaceutical Group Industry Co Days Inventory Historical Data

The historical data trend for Joincare Pharmaceutical Group Industry 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.

Joincare Pharmaceutical Group Industry Co Days Inventory Chart

Joincare Pharmaceutical Group Industry 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 125.60 125.80 124.85 135.46 151.18

Joincare Pharmaceutical Group Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 164.99 162.51 167.70 151.29 165.89

Competitive Comparison of Joincare Pharmaceutical Group Industry Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Joincare Pharmaceutical Group Industry 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.


Joincare Pharmaceutical Group Industry Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Joincare Pharmaceutical Group Industry Co's Days Inventory distribution charts can be found below:

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



Joincare Pharmaceutical Group Industry Co Days Inventory Calculation

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

Joincare Pharmaceutical Group Industry 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
=( (2561.87 + 2655.808) / 2 ) / 6298.465*365
=2608.839 / 6298.465*365
=151.18

Joincare Pharmaceutical Group Industry 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: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2611.9 + 2596.477) / 2 ) / 1432.511*365 / 4
=2604.1885 / 1432.511*365 / 4
=165.89

* 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.


Joincare Pharmaceutical Group Industry Co  (SHSE:600380) 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.

Joincare Pharmaceutical Group Industry Co's Inventory Turnover for the three months ended in Jun. 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.

Joincare Pharmaceutical Group Industry Co's Inventory to Revenue for the three months ended in Jun. 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.


Joincare Pharmaceutical Group Industry Co Days Inventory Related Terms

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


Joincare Pharmaceutical Group Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No. 17 Langshan Road, Joincare Pharmaceutical Group Building, Nanshan New and High-Tech Industrial Development (, Shenzhen, Guangdong, CHN, 518057
Joincare Pharmaceutical Group Industry Co Ltd is an integrated pharmaceutical company, the business scope covers healthcare products, APIs, final dosage forms, prescription drugs, OTCs, Chinese traditional medicine, chemical drugs, and testing agents. APIs are antibiotic series and their intermediates 7ACA, 4AA and F9. Prescription drugs focus on the realms of the digestive tract, a blood vessel of heart and brain, infection, tumor, nervous cerebrovascular section, urinary system etc. OTCs include gastrointestinal drug Dele-Livzon, Live Bifidobacterium Preparation, oral ulcer drugs Yiketie, cold medicine Antiviral Oral Granule, External use skin medicine.
Executives
Yu Xiong Directors, senior managers
Zhao Feng Guang senior management
Qiu Qing Feng Directors, senior managers
Tang Ling Zhi senior management
Lin Nan Qi Directors, senior managers
Cao Ping Wei Director
Feng Yan Fang Director
Zhong Shan senior management
Yang Dong Yun senior management
Peng Jin Hua Supervisors
Xie You Guo Supervisors
Guo Xiao Yun Supervisors
Su Qing Wen senior management

Joincare Pharmaceutical Group Industry Co Headlines

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