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Gushengtang Holdings (HKSE:02273) Days Inventory : 27.34 (As of Dec. 2023)


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What is Gushengtang Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gushengtang Holdings's Average Total Inventories for the six months ended in Dec. 2023 was HK$151 Mil. Gushengtang Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,006 Mil. Hence, Gushengtang Holdings's Days Inventory for the six months ended in Dec. 2023 was 27.34.

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

HKSE:02273' s Days Inventory Range Over the Past 10 Years
Min: 28.69   Med: 34.9   Max: 48.64
Current: 28.69

During the past 6 years, Gushengtang Holdings's highest Days Inventory was 48.64. The lowest was 28.69. And the median was 34.90.

HKSE:02273's Days Inventory is ranked better than
54.82% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 32.66 vs HKSE:02273: 28.69

Gushengtang Holdings's Days Inventory declined from Dec. 2022 (27.56) to Dec. 2023 (27.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gushengtang Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 6.67.

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. Gushengtang Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Gushengtang Holdings Days Inventory Historical Data

The historical data trend for Gushengtang 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.

* Premium members only.

Gushengtang Holdings Days Inventory Chart

Gushengtang Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 37.61 37.44 32.35 30.77 29.23

Gushengtang Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.50 28.90 27.56 29.83 27.34

Competitive Comparison of Gushengtang Holdings's Days Inventory

For the Medical Care Facilities subindustry, Gushengtang 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.


Gushengtang Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Gushengtang Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gushengtang Holdings's Days Inventory falls into.



Gushengtang Holdings Days Inventory Calculation

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

Gushengtang Holdings'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
=( (117.093 + 167.293) / 2 ) / 1775.588*365
=142.193 / 1775.588*365
=29.23

Gushengtang Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (134.312 + 167.293) / 2 ) / 1006.463*365 / 2
=150.8025 / 1006.463*365 / 2
=27.34

* 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.


Gushengtang Holdings  (HKSE:02273) 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.

Gushengtang Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.

Gushengtang Holdings's Inventory to Revenue for the six months ended in Dec. 2023 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.


Gushengtang Holdings Days Inventory Related Terms

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


Gushengtang Holdings (HKSE:02273) Business Description

Traded in Other Exchanges
N/A
Address
No. 419, Qingsha Road, Room 005, Dongchong Town, Nansha District, Guangzhou, CHN
Gushengtang Holdings Ltd is a traditional Chinese medicine (TCM) company. Through offline medical institutions and online healthcare platforms, it provides customers with a comprehensive range of TCM healthcare services and products to address diverse medical and healthcare management needs. As all of the Group's revenue is derived from the PRC.
Executives
Tu Zhiliang 2501 Other
Wumianshan Ltd. 2201 Interest of corporation controlled by you
Frandor Limited
Tu Family Holdings Limited
Trident Trust Company (singapore) Pte. Limited
Dream True Limited
Action Thrive Group Limited 2101 Beneficial owner
Fmr Llc 2201 Interest of corporation controlled by you
Eight Roads Holdings Limited 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Eight Roads Shareholdings Limited 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Johnson Iv Edward C. 2301 Trustee
Johnson Abigail P. 2301 Trustee

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