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Shanghai Medicilon (SHSE:688202) Days Inventory : 58.48 (As of Mar. 2024)


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What is Shanghai Medicilon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Medicilon's Average Total Inventories for the three months ended in Mar. 2024 was ¥152 Mil. Shanghai Medicilon's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥238 Mil. Hence, Shanghai Medicilon's Days Inventory for the three months ended in Mar. 2024 was 58.48.

The historical rank and industry rank for Shanghai Medicilon's Days Inventory or its related term are showing as below:

SHSE:688202' s Days Inventory Range Over the Past 10 Years
Min: 12.83   Med: 22.68   Max: 59.11
Current: 59.11

During the past 10 years, Shanghai Medicilon's highest Days Inventory was 59.11. The lowest was 12.83. And the median was 22.68.

SHSE:688202's Days Inventory is ranked better than
84.46% of 650 companies
in the Biotechnology industry
Industry Median: 192.335 vs SHSE:688202: 59.11

Shanghai Medicilon's Days Inventory declined from Mar. 2023 (61.18) to Mar. 2024 (58.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Medicilon's Inventory Turnover for the three months ended in Mar. 2024 was 1.56.

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. Shanghai Medicilon's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.


Shanghai Medicilon Days Inventory Historical Data

The historical data trend for Shanghai Medicilon'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.

Shanghai Medicilon Days Inventory Chart

Shanghai Medicilon 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 12.83 20.70 33.23 47.30 59.02

Shanghai Medicilon 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 61.18 58.82 56.92 67.05 58.48

Competitive Comparison of Shanghai Medicilon's Days Inventory

For the Biotechnology subindustry, Shanghai Medicilon'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.


Shanghai Medicilon's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Medicilon's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Medicilon's Days Inventory falls into.



Shanghai Medicilon Days Inventory Calculation

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

Shanghai Medicilon'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
=( (171.124 + 165.518) / 2 ) / 1041.022*365
=168.321 / 1041.022*365
=59.02

Shanghai Medicilon'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
=( (165.518 + 139.398) / 2 ) / 237.876*365 / 4
=152.458 / 237.876*365 / 4
=58.48

* 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.


Shanghai Medicilon  (SHSE:688202) 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.

Shanghai Medicilon'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.

Shanghai Medicilon'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.


Shanghai Medicilon Days Inventory Related Terms

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


Shanghai Medicilon (SHSE:688202) Business Description

Traded in Other Exchanges
N/A
Address
Lane 67, Libing Road, Building 5, Pilot Free Trade Zone, Shanghai, CHN, 201299
Shanghai Medicilon Inc is a comprehensive biomedical research and developemnt service company. It provides a full range of one-stop new drug development services for pharmaceutical companies and research institutions around the world in line with domestic and international reporting standards.

Shanghai Medicilon (SHSE:688202) Headlines

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