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Beijing Leadman Biochemistry Co (SZSE:300289) Days Inventory : 179.04 (As of Mar. 2024)


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What is Beijing Leadman Biochemistry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beijing Leadman Biochemistry Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥86.7 Mil. Beijing Leadman Biochemistry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥44.2 Mil. Hence, Beijing Leadman Biochemistry Co's Days Inventory for the three months ended in Mar. 2024 was 179.04.

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

SZSE:300289' s Days Inventory Range Over the Past 10 Years
Min: 89.95   Med: 122.38   Max: 172.38
Current: 171.75

During the past 13 years, Beijing Leadman Biochemistry Co's highest Days Inventory was 172.38. The lowest was 89.95. And the median was 122.38.

SZSE:300289's Days Inventory is ranked better than
56.89% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs SZSE:300289: 171.75

Beijing Leadman Biochemistry Co's Days Inventory declined from Mar. 2023 (185.72) to Mar. 2024 (179.04).

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. Beijing Leadman Biochemistry Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.51.

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. Beijing Leadman Biochemistry Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.


Beijing Leadman Biochemistry Co Days Inventory Historical Data

The historical data trend for Beijing Leadman Biochemistry 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.

Beijing Leadman Biochemistry Co Days Inventory Chart

Beijing Leadman Biochemistry 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 138.46 132.99 123.47 89.95 172.38

Beijing Leadman Biochemistry 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 185.72 164.12 176.04 171.92 179.04

Competitive Comparison of Beijing Leadman Biochemistry Co's Days Inventory

For the Medical Devices subindustry, Beijing Leadman Biochemistry 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.


Beijing Leadman Biochemistry Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Beijing Leadman Biochemistry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Beijing Leadman Biochemistry Co's Days Inventory falls into.



Beijing Leadman Biochemistry Co Days Inventory Calculation

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

Beijing Leadman Biochemistry 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
=( (97.439 + 88.277) / 2 ) / 196.62*365
=92.858 / 196.62*365
=172.38

Beijing Leadman Biochemistry 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
=( (88.277 + 85.077) / 2 ) / 44.176*365 / 4
=86.677 / 44.176*365 / 4
=179.04

* 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.


Beijing Leadman Biochemistry Co  (SZSE:300289) 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.

Beijing Leadman Biochemistry 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.

Beijing Leadman Biochemistry 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.


Beijing Leadman Biochemistry Co Days Inventory Related Terms

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


Beijing Leadman Biochemistry Co (SZSE:300289) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Hongda South Road, Beijing, CHN
Beijing Leadman Biochemistry Co Ltd is a biotechnology company based in China. The company is focusing on research and development, manufacture, and sales of in vitro diagnostic (IVD) products. The company has core competencies in biochemistry, in vitro diagnostic reagents and instruments. Its product offering includes biochemical raw materials such as enzymes, coenzymes, antibodies, buffers, and enzyme substrates; biochemistry diagnostic and companion reagents; and medical test instruments.
Executives
Ding Yao Liang Executives
Wang Xiao Hong Supervisors
Zhang Hai Tao Executives
Zhang Ya Li Supervisors
Sun Qian Director
Wang Jian Hua Directors, executives
Wang Yi Xing Directors, executives
Yang Lu Ping Securities Affairs Representative
Niu Ju Hui Secretary Dong
Zhang Kun Director
Shen Guang Qian Directors, executives
Ma Yan Wen Director
Wang Lan Zhen Directors, executives

Beijing Leadman Biochemistry Co (SZSE:300289) Headlines

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