Shanghai Haohai Biological Technology Co (STU:5HB) Days Inventory : 219.73 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Shanghai Haohai Biological Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Haohai Biological Technology Co's Average Total Inventories for the three months ended in Jun. 2024 was €66.4 Mil. Shanghai Haohai Biological Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was €27.6 Mil. Hence, Shanghai Haohai Biological Technology Co's Days Inventory for the three months ended in Jun. 2024 was 219.73.

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

STU:5HB' s Days Inventory Range Over the Past 10 Years
Min: 181.9 Med: 240.81 Max: 423.06
Current: 232.63

During the past 10 years, Shanghai Haohai Biological Technology Co's highest Days Inventory was 423.06. The lowest was 181.90. And the median was 240.81.

STU:5HB's Days Inventory is ranked worse than
58.01% of 643 companies
in the Biotechnology industry
Industry Median: 184.2 vs STU:5HB: 232.63

Shanghai Haohai Biological Technology Co's Days Inventory declined from Jun. 2023 (238.29) to Jun. 2024 (219.73).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Haohai Biological Technology Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.42.

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 Haohai Biological Technology Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.68.

Shanghai Haohai Biological Technology Co Days Inventory Historical Data

The historical data trend for Shanghai Haohai Biological Technology 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 Haohai Biological Technology Co Days Inventory Chart

Shanghai Haohai Biological Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

218.92

273.27

217.93

236.09

242.38

Shanghai Haohai Biological Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															277.55	226.80	243.77	219.73	231.73

Competitive Comparison of Shanghai Haohai Biological Technology Co's Days Inventory

For the Biotechnology subindustry, Shanghai Haohai Biological Technology 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 Haohai Biological Technology Co's Days Inventory Distribution in the Biotechnology Industry

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

* The bar in red indicates where Shanghai Haohai Biological Technology Co's Days Inventory falls into.

Shanghai Haohai Biological Technology Co Days Inventory Calculation

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

Shanghai Haohai Biological Technology 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
=	( (65.704	+	67.575)	/	2 )	/	100.354	*	365
=	66.6395					/	100.354	*	365
=	242.38

Shanghai Haohai Biological Technology Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (68.173	+	64.567)	/	2 )	/	27.562	*	365 / 4
=	66.37					/	27.562	*	365 / 4
=	219.73

Shanghai Haohai Biological Technology Co (STU:5HB) 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 Haohai Biological Technology Co's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.562	/	66.37
	=	0.42

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 Haohai Biological Technology Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.37	/	97.123
	=	0.68

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 Haohai Biological Technology Co Days Inventory Related Terms

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

Shanghai Haohai Biological Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Haohai Biological Technology Co Ltd (STU:5HB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

06826:Hong Kong 5HB:Germany 688366:China

Address

No. 1386 Hongqiao Road, 23rd Floor, WenGuang Plaza, Changning District, Shanghai, CHN

Website

https://www.3healthcare.com

Shanghai Haohai Biological Technology Co Ltd is engaged in the manufacturing and sale of biologicals, medical hyaluronate, and ophthalmology products. The Company's operating activities are related to single operating segment which is the manufacture and sale of biologicals, medical hyaluronate and intraocular lens, research and development of biological engineering and pharmaceutical products and the provision of related services. Its products are categorized into four types comprising ophthalmology, medical aesthetics, orthopedics, and anti-adhesion. Geographically, it has operations in Mainland China which is the key revenue driver, the United States, the United Kingdom, and other countries.

Shanghai Haohai Biological Technology Co Headlines

No Headlines