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Autobio Diagnostics Co (SHSE:603658) Days Inventory : 190.28 (As of Mar. 2024)


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What is Autobio Diagnostics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Autobio Diagnostics Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥806 Mil. Autobio Diagnostics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥386 Mil. Hence, Autobio Diagnostics Co's Days Inventory for the three months ended in Mar. 2024 was 190.28.

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

SHSE:603658' s Days Inventory Range Over the Past 10 Years
Min: 114.68   Med: 126.96   Max: 179.95
Current: 179.47

During the past 13 years, Autobio Diagnostics Co's highest Days Inventory was 179.95. The lowest was 114.68. And the median was 126.96.

SHSE:603658's Days Inventory is ranked better than
54.73% of 771 companies
in the Medical Devices & Instruments industry
Industry Median: 192.74 vs SHSE:603658: 179.47

Autobio Diagnostics Co's Days Inventory increased from Mar. 2023 (162.75) to Mar. 2024 (190.28). It might indicate that Autobio Diagnostics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Autobio Diagnostics Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Autobio Diagnostics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.74.


Autobio Diagnostics Co Days Inventory Historical Data

The historical data trend for Autobio Diagnostics 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.

Autobio Diagnostics Co Days Inventory Chart

Autobio Diagnostics 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 121.95 124.50 127.38 137.27 179.95

Autobio Diagnostics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 162.75 177.81 176.25 172.39 190.28

Competitive Comparison of Autobio Diagnostics Co's Days Inventory

For the Medical Devices subindustry, Autobio Diagnostics 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.


Autobio Diagnostics Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Autobio Diagnostics Co's Days Inventory falls into.



Autobio Diagnostics Co Days Inventory Calculation

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

Autobio Diagnostics 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
=( (752.303 + 778.288) / 2 ) / 1552.245*365
=765.2955 / 1552.245*365
=179.95

Autobio Diagnostics Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (778.288 + 833.391) / 2 ) / 386.453*365 / 4
=805.8395 / 386.453*365 / 4
=190.28

* 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.


Autobio Diagnostics Co  (SHSE:603658) 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.

Autobio Diagnostics Co's Inventory Turnover for the three months ended in Mar. 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.

Autobio Diagnostics Co's Inventory to Revenue for the three months ended in Mar. 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.


Autobio Diagnostics Co Days Inventory Related Terms

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


Autobio Diagnostics Co (SHSE:603658) Business Description

Traded in Other Exchanges
N/A
Address
No.199, 15th Avenue, National Economic and Technological Development Area, Zhengzhou, CHN, 450016
Autobio Diagnostics Co Ltd is a clinical diagnostics company in China. It specializes in research and development, production, marketing and service of clinical diagnostic products, including immunoassay, microbiology and biochemical products. It focuses on the common development of both reagents and instruments. Reagents products include immunoassay, biochemistry, microbiology, and IVD subdivision areas, and instruments include both full automation and semi-automation instruments and systems. Geographically it holds a strong distribution network with thousands of distributors in the Chinese market.
Executives
Miao Yong Jun Director

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