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Tibet Aim Pharm (SZSE:002826) Days Inventory : 71.09 (As of Mar. 2024)


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What is Tibet Aim Pharm Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tibet Aim Pharm's Average Total Inventories for the three months ended in Mar. 2024 was ¥49.7 Mil. Tibet Aim Pharm's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥63.8 Mil. Hence, Tibet Aim Pharm's Days Inventory for the three months ended in Mar. 2024 was 71.09.

The historical rank and industry rank for Tibet Aim Pharm's Days Inventory or its related term are showing as below:

SZSE:002826' s Days Inventory Range Over the Past 10 Years
Min: 21.32   Med: 68.9   Max: 130.51
Current: 61.86

During the past 10 years, Tibet Aim Pharm's highest Days Inventory was 130.51. The lowest was 21.32. And the median was 68.90.

SZSE:002826's Days Inventory is ranked better than
89.8% of 971 companies
in the Drug Manufacturers industry
Industry Median: 159.35 vs SZSE:002826: 61.86

Tibet Aim Pharm's Days Inventory increased from Mar. 2023 (42.78) to Mar. 2024 (71.09). It might indicate that Tibet Aim Pharm's sales slowed down.

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. Tibet Aim Pharm's Inventory Turnover for the three months ended in Mar. 2024 was 1.28.

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. Tibet Aim Pharm's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Tibet Aim Pharm Days Inventory Historical Data

The historical data trend for Tibet Aim Pharm'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.

Tibet Aim Pharm Days Inventory Chart

Tibet Aim Pharm Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.47 28.67 23.79 21.32 30.06

Tibet Aim Pharm 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 42.78 38.93 70.15 103.54 71.09

Competitive Comparison of Tibet Aim Pharm's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Tibet Aim Pharm'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.


Tibet Aim Pharm's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tibet Aim Pharm's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tibet Aim Pharm's Days Inventory falls into.



Tibet Aim Pharm Days Inventory Calculation

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

Tibet Aim Pharm's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (33.608 + 45.554) / 2 ) / 480.56*365
=39.581 / 480.56*365
=30.06

Tibet Aim Pharm'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
=( (58.969 + 40.397) / 2 ) / 63.769*365 / 4
=49.683 / 63.769*365 / 4
=71.09

* 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.


Tibet Aim Pharm  (SZSE:002826) 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.

Tibet Aim Pharm'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.

Tibet Aim Pharm'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.


Tibet Aim Pharm Days Inventory Related Terms

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


Tibet Aim Pharm (SZSE:002826) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Linqionggang Road, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tibet Aim Pharm Inc is the pharmaceutical company based in China. It is mainly engaged in the research and development, production and sales of chemical drugs and proprietary Chinese medicines for common chronic disease such as diabetes and cardiovascular disease as well as medicines for gynecology and obstetrics. The company's products offering includes miglitol tablets, gualoupi injection, nalmefene hydrochloride injection, carbetocin injection; hongjin xiaojie tablets and aceclofenac enteric-coated tablets. The company also expanded its products in the treatment of antibiotic, antiallergic and digestive system.
Executives
Peng Hui Director
Pang Guo Qiang Directors, executives
Li Qian Jin Securities Affairs Representative
Liu Hang Supervisors

Tibet Aim Pharm (SZSE:002826) Headlines

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