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Tasly Pharmaceutical Group Co (SHSE:600535) Days Inventory : 222.39 (As of Sep. 2024)


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What is Tasly Pharmaceutical Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tasly Pharmaceutical Group Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥1,762 Mil. Tasly Pharmaceutical Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥723 Mil. Hence, Tasly Pharmaceutical Group Co's Days Inventory for the three months ended in Sep. 2024 was 222.39.

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

SHSE:600535' s Days Inventory Range Over the Past 10 Years
Min: 63.66   Med: 76.68   Max: 225.41
Current: 225.41

During the past 13 years, Tasly Pharmaceutical Group Co's highest Days Inventory was 225.41. The lowest was 63.66. And the median was 76.68.

SHSE:600535's Days Inventory is ranked worse than
72.59% of 945 companies
in the Drug Manufacturers industry
Industry Median: 156.81 vs SHSE:600535: 225.41

Tasly Pharmaceutical Group Co's Days Inventory declined from Sep. 2023 (224.22) to Sep. 2024 (222.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tasly Pharmaceutical Group Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.41.

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. Tasly Pharmaceutical Group Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.84.


Tasly Pharmaceutical Group Co Days Inventory Historical Data

The historical data trend for Tasly Pharmaceutical Group 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.

Tasly Pharmaceutical Group Co Days Inventory Chart

Tasly Pharmaceutical Group 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 69.12 87.78 197.77 180.11 207.83

Tasly Pharmaceutical Group Co 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 224.22 225.90 240.22 219.58 222.39

Competitive Comparison of Tasly Pharmaceutical Group Co's Days Inventory

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


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

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

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



Tasly Pharmaceutical Group Co Days Inventory Calculation

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

Tasly Pharmaceutical Group 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
=( (1532.089 + 1747.685) / 2 ) / 2880.103*365
=1639.887 / 2880.103*365
=207.83

Tasly Pharmaceutical Group Co'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
=( (1815.56 + 1708.285) / 2 ) / 722.933*365 / 4
=1761.9225 / 722.933*365 / 4
=222.39

* 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.


Tasly Pharmaceutical Group Co  (SHSE:600535) 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.

Tasly Pharmaceutical Group Co'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.

Tasly Pharmaceutical Group Co'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.


Tasly Pharmaceutical Group Co Days Inventory Related Terms

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


Tasly Pharmaceutical Group Co Business Description

Traded in Other Exchanges
N/A
Address
2 Pujihe Road East, Beichen District, Tasly TCM Garden, Tianjin, CHN, 300410
Tasly Pharmaceutical Group Co Ltd is a China-based company engaged in the manufacturing and distribution of pharmaceutical products. Its herbal medicines include Tasly Cerebral Care Granules and Tasly ICP. Its chemical medicines comprise of Ketotifen Fumarate Tablets, Thiamphenicol Capsules, Glucurolactone Tablets and Sulpiride Tablets. Some of the other products offered by the company include PharmceuticalSubstances & API, HerbalExtract, and Concentrated Herbal Granules.
Executives
Wu Nai Feng Director

Tasly Pharmaceutical Group Co Headlines

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