GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Jiangxi Fushine Pharmaceutical Co Ltd (SZSE:300497) » Definitions » Days Inventory

Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Days Inventory : 137.47 (As of Mar. 2024)


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

What is Jiangxi Fushine Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangxi Fushine Pharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥435 Mil. Jiangxi Fushine Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥289 Mil. Hence, Jiangxi Fushine Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 137.47.

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

SZSE:300497' s Days Inventory Range Over the Past 10 Years
Min: 97.04   Med: 110.03   Max: 131.09
Current: 121.92

During the past 13 years, Jiangxi Fushine Pharmaceutical Co's highest Days Inventory was 131.09. The lowest was 97.04. And the median was 110.03.

SZSE:300497's Days Inventory is ranked better than
69.08% of 650 companies
in the Biotechnology industry
Industry Median: 194.935 vs SZSE:300497: 121.92

Jiangxi Fushine Pharmaceutical Co's Days Inventory increased from Mar. 2023 (136.35) to Mar. 2024 (137.47). It might indicate that Jiangxi Fushine Pharmaceutical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangxi Fushine Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. Jiangxi Fushine Pharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.28.


Jiangxi Fushine Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Jiangxi Fushine Pharmaceutical 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.

Jiangxi Fushine Pharmaceutical Co Days Inventory Chart

Jiangxi Fushine Pharmaceutical 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 106.06 107.46 129.34 131.09 125.38

Jiangxi Fushine Pharmaceutical 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 136.35 108.32 112.38 133.02 137.47

Competitive Comparison of Jiangxi Fushine Pharmaceutical Co's Days Inventory

For the Biotechnology subindustry, Jiangxi Fushine Pharmaceutical 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.


Jiangxi Fushine Pharmaceutical Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jiangxi Fushine Pharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangxi Fushine Pharmaceutical Co's Days Inventory falls into.



Jiangxi Fushine Pharmaceutical Co Days Inventory Calculation

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

Jiangxi Fushine Pharmaceutical 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
=( (553.69 + 434.678) / 2 ) / 1438.617*365
=494.184 / 1438.617*365
=125.38

Jiangxi Fushine Pharmaceutical 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
=( (434.678 + 435.842) / 2 ) / 288.911*365 / 4
=435.26 / 288.911*365 / 4
=137.47

* 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.


Jiangxi Fushine Pharmaceutical Co  (SZSE:300497) 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.

Jiangxi Fushine Pharmaceutical 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.

Jiangxi Fushine Pharmaceutical 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.


Jiangxi Fushine Pharmaceutical Co Days Inventory Related Terms

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


Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Business Description

Traded in Other Exchanges
N/A
Address
No.2 YULI Industrial Zone, Changjiang district, Jiangxi Province, Jingdezhen, CHN, 333000
Jiangxi Fushine Pharmaceutical Co Ltd is engaged in research and development, manufactures and sells APIs and pharmaceutical intermediates. It offers penicillin, carbapenem, and other products.
Executives
Bao Jian Hua Directors, executives
Li Hui Yue Director
Peng Yun Secretary Dong
Dai Zhen Liang Executives
Yang Guang Executives
Chen Ying Hui Executives
Ke Dan Director
Xu Chun Xia Directors, executives
Yu Wen Jun Director
Cheng Rong Wu Directors, executives
Liu Ying Executives
Liu Zhi Min Executives
Tang De Ping Executives
Wang Ying Mei Director

Jiangxi Fushine Pharmaceutical Co (SZSE:300497) Headlines

No Headlines