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Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Days Inventory : 519.93 (As of Mar. 2024)


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What is Zhejiang Garden Biopharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Garden Biopharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥784 Mil. Zhejiang Garden Biopharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥138 Mil. Hence, Zhejiang Garden Biopharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 519.93.

The historical rank and industry rank for Zhejiang Garden Biopharmaceutical Co's Days Inventory or its related term are showing as below:

SZSE:300401' s Days Inventory Range Over the Past 10 Years
Min: 301.53   Med: 406.22   Max: 979.22
Current: 561.16

During the past 13 years, Zhejiang Garden Biopharmaceutical Co's highest Days Inventory was 979.22. The lowest was 301.53. And the median was 406.22.

SZSE:300401's Days Inventory is ranked worse than
94.94% of 969 companies
in the Drug Manufacturers industry
Industry Median: 159.69 vs SZSE:300401: 561.16

Zhejiang Garden Biopharmaceutical Co's Days Inventory increased from Mar. 2023 (422.16) to Mar. 2024 (519.93). It might indicate that Zhejiang Garden Biopharmaceutical 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. Zhejiang Garden Biopharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Zhejiang Garden Biopharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.37.


Zhejiang Garden Biopharmaceutical Co Days Inventory Historical Data

The historical data trend for Zhejiang Garden Biopharmaceutical 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.

Zhejiang Garden Biopharmaceutical Co Days Inventory Chart

Zhejiang Garden Biopharmaceutical 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 468.98 416.43 396.01 370.05 550.81

Zhejiang Garden Biopharmaceutical 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 422.16 445.17 550.33 849.72 519.93

Competitive Comparison of Zhejiang Garden Biopharmaceutical Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Garden Biopharmaceutical 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.


Zhejiang Garden Biopharmaceutical Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Garden Biopharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Garden Biopharmaceutical Co's Days Inventory falls into.



Zhejiang Garden Biopharmaceutical Co Days Inventory Calculation

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

Zhejiang Garden Biopharmaceutical 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
=( (545.875 + 780.039) / 2 ) / 439.312*365
=662.957 / 439.312*365
=550.81

Zhejiang Garden Biopharmaceutical 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
=( (780.039 + 787.35) / 2 ) / 137.543*365 / 4
=783.6945 / 137.543*365 / 4
=519.93

* 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.


Zhejiang Garden Biopharmaceutical Co  (SZSE:300401) 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.

Zhejiang Garden Biopharmaceutical 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.

Zhejiang Garden Biopharmaceutical 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.


Zhejiang Garden Biopharmaceutical Co Days Inventory Related Terms

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


Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Business Description

Traded in Other Exchanges
N/A
Address
No. 166, Street 20, Economic & Technological Development Zone, Zhejiang, Hangzhou, CHN, 310018
Zhejiang Garden Biopharmaceutical Co Ltd is a China-based company. Along with its subsidiaries, the firm is engaged in the pharmaceutical manufacturing. Its business activities include research, production, and sale of vitamin D3, cholesterol, and lanolin products. Its products include lanolin alcohol pharma, lanolin alcohol cosmetic, cholesterol BP, vitamin D3 oil feed grade, vitamin D3 500 feed grade CWS, lanolin alcohol EP 200, among others.
Executives
Shao Xu Jun Director
Liu Xiao Ping Executives
Shao Qin Xiang Director
Shao Jun Fang Director
Liu Jian Gang Directors, executives
Qian Guo Ping Executives
Zhu Jian Xing Supervisors
Yu Quan Heng Directors, executives, directors
Ma Huan Zheng Directors, executives
Li Hui Ying Supervisors
Ma Wen De Director
Chen Yi Executives
Gu Yi Kang Independent director

Zhejiang Garden Biopharmaceutical Co (SZSE:300401) Headlines

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