Wai Yuen Tong Medicine Holdings (HKSE:00897) Days Inventory : 835.30 (As of Sep. 2023)

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What is Wai Yuen Tong Medicine Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wai Yuen Tong Medicine Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$1,624 Mil. Wai Yuen Tong Medicine Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$355 Mil. Hence, Wai Yuen Tong Medicine Holdings's Days Inventory for the six months ended in Sep. 2023 was 835.30.

The historical rank and industry rank for Wai Yuen Tong Medicine Holdings's Days Inventory or its related term are showing as below:

HKSE:00897' s Days Inventory Range Over the Past 10 Years
Min: 113.53 Med: 139.14 Max: 1215.38
Current: 862.4

During the past 13 years, Wai Yuen Tong Medicine Holdings's highest Days Inventory was 1215.38. The lowest was 113.53. And the median was 139.14.

HKSE:00897's Days Inventory is ranked worse than
97.83% of 968 companies
in the Drug Manufacturers industry
Industry Median: 158.79 vs HKSE:00897: 862.40

Wai Yuen Tong Medicine Holdings's Days Inventory declined from Sep. 2022 (951.22) to Sep. 2023 (835.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wai Yuen Tong Medicine Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.22.

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. Wai Yuen Tong Medicine Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 2.39.

Wai Yuen Tong Medicine Holdings Days Inventory Historical Data

The historical data trend for Wai Yuen Tong Medicine Holdings'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.

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Wai Yuen Tong Medicine Holdings Days Inventory Chart

Wai Yuen Tong Medicine Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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139.81

1,215.38

1,159.71

886.17

948.29

Wai Yuen Tong Medicine Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															992.77	807.49	951.22	891.71	835.30

Competitive Comparison of Wai Yuen Tong Medicine Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Wai Yuen Tong Medicine Holdings'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.

Wai Yuen Tong Medicine Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Wai Yuen Tong Medicine Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wai Yuen Tong Medicine Holdings's Days Inventory falls into.

Wai Yuen Tong Medicine Holdings Days Inventory Calculation

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

Wai Yuen Tong Medicine Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1868.97	+	1636.601)	/	2 )	/	674.651	*	365
=	1752.7855					/	674.651	*	365
=	948.29

Wai Yuen Tong Medicine Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1636.601	+	1611.006)	/	2 )	/	354.777	*	365 / 2
=	1623.8035					/	354.777	*	365 / 2
=	835.30

Wai Yuen Tong Medicine Holdings (HKSE:00897) 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.

Wai Yuen Tong Medicine Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	354.777	/	1623.8035
	=	0.22

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.

Wai Yuen Tong Medicine Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1623.8035	/	678.804
	=	2.39

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.

Wai Yuen Tong Medicine Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Wai Yuen Tong Medicine Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Wai Yuen Tong Medicine Holdings (HKSE:00897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Wai Yuen Tong Medicine Holdings Ltd (HKSE:00897) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3101, 31st Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.wyth.net

Wai Yuen Tong Medicine Holdings Ltd is an investment holding company. The company's operating segment includes production and sale of Chinese pharmaceutical and health food products; production and sale of Western pharmaceutical and health food products and property investment and management and sale of properties in the agricultural produce market. It generates maximum revenue from the production and sale of Chinese pharmaceutical and health food products which include manufacturing, processing, and sale of traditional Chinese medicine which includes Chinese medicinal products sold under the brand name Wai Yuen Tong. Geographically, it derives a majority of revenue from Mainland China.

Executives

Wang On Group Limited	2501 Other
Tang Ching Ho	2501 Other
Yau Yuk Yin	2202 Interest of your spouse

Wai Yuen Tong Medicine Holdings (HKSE:00897) Headlines

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