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Zjamp Group Co (SZSE:002758) Days Inventory : 58.40 (As of Mar. 2024)


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What is Zjamp Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zjamp Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥5,964 Mil. Zjamp Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9,319 Mil. Hence, Zjamp Group Co's Days Inventory for the three months ended in Mar. 2024 was 58.40.

The historical rank and industry rank for Zjamp Group Co's Days Inventory or its related term are showing as below:

SZSE:002758' s Days Inventory Range Over the Past 10 Years
Min: 42.06   Med: 50.99   Max: 100.04
Current: 52.45

During the past 13 years, Zjamp Group Co's highest Days Inventory was 100.04. The lowest was 42.06. And the median was 50.99.

SZSE:002758's Days Inventory is ranked worse than
66.1% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 33.01 vs SZSE:002758: 52.45

Zjamp Group Co's Days Inventory increased from Mar. 2023 (48.98) to Mar. 2024 (58.40). It might indicate that Zjamp Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zjamp Group Co'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. Zjamp Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.60.


Zjamp Group Co Days Inventory Historical Data

The historical data trend for Zjamp Group 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.

Zjamp Group Co Days Inventory Chart

Zjamp Group Co 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 100.04 46.35 49.59 47.32 52.39

Zjamp Group Co 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 48.98 50.79 51.89 48.25 58.40

Competitive Comparison of Zjamp Group Co's Days Inventory

For the Pharmaceutical Retailers subindustry, Zjamp Group 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.


Zjamp Group Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Zjamp Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zjamp Group Co's Days Inventory falls into.



Zjamp Group Co Days Inventory Calculation

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

Zjamp Group 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
=( (5067.924 + 5961.681) / 2 ) / 38422.937*365
=5514.8025 / 38422.937*365
=52.39

Zjamp Group 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
=( (5961.681 + 5965.614) / 2 ) / 9318.982*365 / 4
=5963.6475 / 9318.982*365 / 4
=58.40

* 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.


Zjamp Group Co  (SZSE:002758) 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.

Zjamp Group 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.

Zjamp Group 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.


Zjamp Group Co Days Inventory Related Terms

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


Zjamp Group Co (SZSE:002758) Business Description

Traded in Other Exchanges
N/A
Address
1605, Zhejiang Shaoxing Textile City Avenue, Shaoxing, CHN, 312030
Zjamp Group Co Ltd, formerly Zhejiang Huatong Pharmaceutical Co Ltd is engaged in pharmaceutical wholesale, pharmaceutical retail, pharmaceutical production, pharmaceutical logistics, pharmaceutical exhibitions and other services. Its business segments include Wholesale of drugs, Third-party drug logistics, Drug retail chain and Chinese medicine production.
Executives
Zhang Zu Ming Executives
Zhan Xiang Supervisors
Zhou Zhi Fa Executives
Sun Xiao Ming Supervisors
Zhu Guo Liang Directors, executives
Ni Chi Hang Secretary Dong
Shen Jian Chao Directors, executives
Qian Mu Shui Directors, executives

Zjamp Group Co (SZSE:002758) Headlines

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