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Sunshine Guojian Pharmaceutical (Shanghai) Co (SHSE:688336) Days Inventory : 247.76 (As of Sep. 2024)


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What is Sunshine Guojian Pharmaceutical (Shanghai) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sunshine Guojian Pharmaceutical (Shanghai) Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥196 Mil. Sunshine Guojian Pharmaceutical (Shanghai) Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥72 Mil. Hence, Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory for the three months ended in Sep. 2024 was 247.76.

The historical rank and industry rank for Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory or its related term are showing as below:

SHSE:688336' s Days Inventory Range Over the Past 10 Years
Min: 250.79   Med: 384.24   Max: 701.71
Current: 250.79

During the past 13 years, Sunshine Guojian Pharmaceutical (Shanghai) Co's highest Days Inventory was 701.71. The lowest was 250.79. And the median was 384.24.

SHSE:688336's Days Inventory is ranked worse than
62.67% of 643 companies
in the Biotechnology industry
Industry Median: 182.54 vs SHSE:688336: 250.79

Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory declined from Sep. 2023 (337.64) to Sep. 2024 (247.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunshine Guojian Pharmaceutical (Shanghai) Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.37.

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. Sunshine Guojian Pharmaceutical (Shanghai) Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.57.


Sunshine Guojian Pharmaceutical (Shanghai) Co Days Inventory Historical Data

The historical data trend for Sunshine Guojian Pharmaceutical (Shanghai) 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.

Sunshine Guojian Pharmaceutical (Shanghai) Co Days Inventory Chart

Sunshine Guojian Pharmaceutical (Shanghai) Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.43 701.71 378.19 396.51 343.62

Sunshine Guojian Pharmaceutical (Shanghai) 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 337.64 306.71 308.69 189.79 247.76

Competitive Comparison of Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory

For the Biotechnology subindustry, Sunshine Guojian Pharmaceutical (Shanghai) 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.


Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sunshine Guojian Pharmaceutical (Shanghai) Co's Days Inventory falls into.



Sunshine Guojian Pharmaceutical (Shanghai) Co Days Inventory Calculation

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

Sunshine Guojian Pharmaceutical (Shanghai) 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
=( (227.003 + 194.959) / 2 ) / 224.105*365
=210.981 / 224.105*365
=343.62

Sunshine Guojian Pharmaceutical (Shanghai) 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
=( (188.419 + 203.544) / 2 ) / 72.181*365 / 4
=195.9815 / 72.181*365 / 4
=247.76

* 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.


Sunshine Guojian Pharmaceutical (Shanghai) Co  (SHSE:688336) 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.

Sunshine Guojian Pharmaceutical (Shanghai) 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.

Sunshine Guojian Pharmaceutical (Shanghai) 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.


Sunshine Guojian Pharmaceutical (Shanghai) Co Days Inventory Related Terms

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


Sunshine Guojian Pharmaceutical (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No.399 Libing Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203
Sunshine Guojian Pharmaceutical (Shanghai) Co Ltd is a biopharmaceutical company providing safe and effective clinical solutions for the treatment of major diseases such as autoimmune diseases and tumors. The company engages in in research and development, manufacturing and commercialization of therapeutic antibody drugs in China. Its products portfolio includes YISAIPU and Xenopax. Its products in pipeline include 302H, 304R, 602, 601A, 609A and 301S.
Executives
Weng Zhi Bing Core technical personnel
Huang Hao Min Core technical personnel

Sunshine Guojian Pharmaceutical (Shanghai) Co Headlines

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