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BGI Genomics Co (SZSE:300676) Days Inventory : 130.74 (As of Mar. 2024)


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What is BGI Genomics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BGI Genomics Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥598 Mil. BGI Genomics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥417 Mil. Hence, BGI Genomics Co's Days Inventory for the three months ended in Mar. 2024 was 130.74.

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

SZSE:300676' s Days Inventory Range Over the Past 10 Years
Min: 42.92   Med: 70.23   Max: 121.49
Current: 110.19

During the past 12 years, BGI Genomics Co's highest Days Inventory was 121.49. The lowest was 42.92. And the median was 70.23.

SZSE:300676's Days Inventory is ranked worse than
67.55% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 67.465 vs SZSE:300676: 110.19

BGI Genomics Co's Days Inventory increased from Mar. 2023 (124.75) to Mar. 2024 (130.74). It might indicate that BGI Genomics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BGI Genomics Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. BGI Genomics Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.73.


BGI Genomics Co Days Inventory Historical Data

The historical data trend for BGI Genomics 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.

BGI Genomics Co Days Inventory Chart

BGI Genomics 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 95.03 78.66 121.49 86.50 110.56

BGI Genomics 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 124.75 100.93 109.68 100.36 130.74

Competitive Comparison of BGI Genomics Co's Days Inventory

For the Diagnostics & Research subindustry, BGI Genomics 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.


BGI Genomics Co's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, BGI Genomics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where BGI Genomics Co's Days Inventory falls into.



BGI Genomics Co Days Inventory Calculation

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

BGI Genomics 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
=( (717.833 + 602.182) / 2 ) / 2179.03*365
=660.0075 / 2179.03*365
=110.56

BGI Genomics 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
=( (602.182 + 593.453) / 2 ) / 417.234*365 / 4
=597.8175 / 417.234*365 / 4
=130.74

* 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.


BGI Genomics Co  (SZSE:300676) 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.

BGI Genomics 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.

BGI Genomics 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.


BGI Genomics Co Days Inventory Related Terms

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


BGI Genomics Co (SZSE:300676) Business Description

Traded in Other Exchanges
N/A
Address
21 Hongan Third Street, Dong, Huada Complex Park, Yantian District, Shenzhen, CHN, 518083
BGI Genomics Co Ltd is a China-based company principally engaged in the provision of genomic class diagnosis and research services through the application of biotechnology. It offers its services in various research areas, such as agriculture and food science, cancer research, metagenomics, reproductive health, biomarker discovery, and drug discovery. The company mainly provides services for domestic and overseas academic institutions hospitals, medical institutions and others.
Executives
Wang Jian Director
Liu Na Executives
Sun Ying Jun Director
Yin Ye Directors, executives
Du Yu Tao Directors, executives
Li Song Gang Supervisors
Hu Yu Jie Supervisors
Xu Qian Secretary Dong
Li Zhi Ping Executives
Chen Yi Qing Executives
Li Wen Qi Supervisors

BGI Genomics Co (SZSE:300676) Headlines

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