GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Anhui Huaren Health Pharmaceutical Co Ltd (SZSE:301408) » Definitions » Days Inventory

Anhui Huaren Health Pharmaceutical Co (SZSE:301408) Days Inventory : 103.57 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Anhui Huaren Health Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Anhui Huaren Health Pharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥842 Mil. Anhui Huaren Health Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥742 Mil. Hence, Anhui Huaren Health Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 103.57.

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

SZSE:301408' s Days Inventory Range Over the Past 10 Years
Min: 79.22   Med: 88.56   Max: 100.99
Current: 100.99

During the past 6 years, Anhui Huaren Health Pharmaceutical Co's highest Days Inventory was 100.99. The lowest was 79.22. And the median was 88.56.

SZSE:301408's Days Inventory is ranked worse than
82.77% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs SZSE:301408: 100.99

Anhui Huaren Health Pharmaceutical Co's Days Inventory increased from Mar. 2023 (96.16) to Mar. 2024 (103.57). It might indicate that Anhui Huaren Health Pharmaceutical Co'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. Anhui Huaren Health Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.88.

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. Anhui Huaren Health Pharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Anhui Huaren Health Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Anhui Huaren Health 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.

Anhui Huaren Health Pharmaceutical Co Days Inventory Chart

Anhui Huaren Health Pharmaceutical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 79.22 - 88.56 81.41 91.27

Anhui Huaren Health Pharmaceutical Co Quarterly Data
Dec18 Dec19 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 96.16 104.43 108.60 88.84 103.57

Competitive Comparison of Anhui Huaren Health Pharmaceutical Co's Days Inventory

For the Pharmaceutical Retailers subindustry, Anhui Huaren Health 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.


Anhui Huaren Health Pharmaceutical Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Anhui Huaren Health Pharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Anhui Huaren Health Pharmaceutical Co's Days Inventory falls into.



Anhui Huaren Health Pharmaceutical Co Days Inventory Calculation

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

Anhui Huaren Health 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
=( (545.01 + 772.088) / 2 ) / 2633.73*365
=658.549 / 2633.73*365
=91.27

Anhui Huaren Health 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
=( (772.088 + 911.361) / 2 ) / 741.622*365 / 4
=841.7245 / 741.622*365 / 4
=103.57

* 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.


Anhui Huaren Health Pharmaceutical Co  (SZSE:301408) 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.

Anhui Huaren Health 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.

Anhui Huaren Health 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.


Anhui Huaren Health Pharmaceutical Co Days Inventory Related Terms

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


Anhui Huaren Health Pharmaceutical Co (SZSE:301408) Business Description

Traded in Other Exchanges
N/A
Address
Shanghai Road, Chinese Health Building, No.18, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051
Anhui Huaren Health Pharmaceutical Co Ltd focuses on the pharmaceutical retail industry and forms a retail chain, retail centralized procurement, retail service, and retail e-commerce system.

Anhui Huaren Health Pharmaceutical Co (SZSE:301408) Headlines

No Headlines