Bio-Thera Solutions (SHSE:688177) Days Inventory : 439.27 (As of Mar. 2024)

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What is Bio-Thera Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bio-Thera Solutions's Average Total Inventories for the three months ended in Mar. 2024 was ¥234.1 Mil. Bio-Thera Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥48.6 Mil. Hence, Bio-Thera Solutions's Days Inventory for the three months ended in Mar. 2024 was 439.27.

The historical rank and industry rank for Bio-Thera Solutions's Days Inventory or its related term are showing as below:

SHSE:688177' s Days Inventory Range Over the Past 10 Years
Min: 241.26 Med: 697.36 Max: 114485.96
Current: 415.82

During the past 8 years, Bio-Thera Solutions's highest Days Inventory was 114485.96. The lowest was 241.26. And the median was 697.36.

SHSE:688177's Days Inventory is ranked worse than
78% of 650 companies
in the Biotechnology industry
Industry Median: 194.935 vs SHSE:688177: 415.82

Bio-Thera Solutions's Days Inventory increased from Mar. 2023 (374.93) to Mar. 2024 (439.27). It might indicate that Bio-Thera Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bio-Thera Solutions's Inventory Turnover for the three months ended in Mar. 2024 was 0.21.

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. Bio-Thera Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.45.

Bio-Thera Solutions Days Inventory Historical Data

The historical data trend for Bio-Thera Solutions'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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Bio-Thera Solutions Days Inventory Chart

Bio-Thera Solutions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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114,485.96

820.22

697.36

241.26

371.16

Bio-Thera Solutions 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															374.93	553.46	471.93	309.48	439.27

Competitive Comparison of Bio-Thera Solutions's Days Inventory

For the Biotechnology subindustry, Bio-Thera Solutions'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.

Bio-Thera Solutions's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bio-Thera Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bio-Thera Solutions's Days Inventory falls into.

Bio-Thera Solutions Days Inventory Calculation

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

Bio-Thera Solutions'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
=	( (161.899	+	231.227)	/	2 )	/	193.299	*	365
=	196.563					/	193.299	*	365
=	371.16

Bio-Thera Solutions'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
=	( (231.227	+	236.979)	/	2 )	/	48.631	*	365 / 4
=	234.103					/	48.631	*	365 / 4
=	439.27

Bio-Thera Solutions (SHSE:688177) 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.

Bio-Thera Solutions's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.631	/	234.103
	=	0.21

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.

Bio-Thera Solutions's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	234.103	/	161.592
	=	1.45

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.

Bio-Thera Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of Bio-Thera Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Bio-Thera Solutions (SHSE:688177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bio-Thera Solutions Ltd (SHSE:688177) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Building A6, 11 Kaiyuan Avenue, Guangzhou High-tech Industrial Development Zone, Science City, Guangdong Province, Guangzhou, CHN, 510530

Website

https://www.bio-thera.com

Bio-Thera Solutions Ltd is engaged in research, development, and production of drugs and biosimilars. The company provides drug research and development; biotechnology consulting and communication services; services; medical research and experimental development; biological drug manufacturing; and pharmaceuticals retail.

Bio-Thera Solutions (SHSE:688177) Headlines

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