GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Aohua Photoelectricity Endoscope Co Ltd (SHSE:688212) » Definitions » Days Inventory

Shanghai Aohua Photoelectricity Endoscope Co (SHSE:688212) Days Inventory : 493.93 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Shanghai Aohua Photoelectricity Endoscope Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Aohua Photoelectricity Endoscope Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥216.2 Mil. Shanghai Aohua Photoelectricity Endoscope Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥39.9 Mil. Hence, Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory for the three months ended in Mar. 2024 was 493.93.

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

SHSE:688212' s Days Inventory Range Over the Past 10 Years
Min: 339.56   Med: 389.59   Max: 501.46
Current: 406.31

During the past 7 years, Shanghai Aohua Photoelectricity Endoscope Co's highest Days Inventory was 501.46. The lowest was 339.56. And the median was 389.59.

SHSE:688212's Days Inventory is ranked worse than
83.31% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs SHSE:688212: 406.31

Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory declined from Mar. 2023 (588.10) to Mar. 2024 (493.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Aohua Photoelectricity Endoscope Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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 Aohua Photoelectricity Endoscope Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.28.


Shanghai Aohua Photoelectricity Endoscope Co Days Inventory Historical Data

The historical data trend for Shanghai Aohua Photoelectricity Endoscope 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.

Shanghai Aohua Photoelectricity Endoscope Co Days Inventory Chart

Shanghai Aohua Photoelectricity Endoscope Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 360.82 414.79 339.56 375.08 389.59

Shanghai Aohua Photoelectricity Endoscope Co Quarterly Data
Dec17 Dec18 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 588.10 479.58 518.68 252.50 493.93

Competitive Comparison of Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory

For the Medical Devices subindustry, Shanghai Aohua Photoelectricity Endoscope 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.


Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Aohua Photoelectricity Endoscope Co's Days Inventory falls into.



Shanghai Aohua Photoelectricity Endoscope Co Days Inventory Calculation

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

Shanghai Aohua Photoelectricity Endoscope 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
=( (179.806 + 199.678) / 2 ) / 177.767*365
=189.742 / 177.767*365
=389.59

Shanghai Aohua Photoelectricity Endoscope 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
=( (199.678 + 232.787) / 2 ) / 39.947*365 / 4
=216.2325 / 39.947*365 / 4
=493.93

* 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 Aohua Photoelectricity Endoscope Co  (SHSE:688212) 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 Aohua Photoelectricity Endoscope 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.

Shanghai Aohua Photoelectricity Endoscope 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.


Shanghai Aohua Photoelectricity Endoscope Co Days Inventory Related Terms

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


Shanghai Aohua Photoelectricity Endoscope Co (SHSE:688212) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Lane 133, Guangzhong Road, Minhang District, Shanghai, CHN, 201108
Shanghai Aohua Photoelectricity Endoscope Co Ltd is engaged in the research and development, production and sales of electronic endoscope equipment and endoscope diagnostic and surgical consumables.
Executives
Li Zong Zhou Core technical personnel
Xie Tian Yu Director

Shanghai Aohua Photoelectricity Endoscope Co (SHSE:688212) Headlines

No Headlines