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HUTCHMED (China) (HUTCHMED (China)) Days Inventory : 53.95 (As of Dec. 2023)


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Days Inventory is also known as Days Sales of Inventory (DSI). HUTCHMED (China)'s Average Total Inventories for the six months ended in Dec. 2023 was $52.1 Mil. HUTCHMED (China)'s Cost of Goods Sold for the six months ended in Dec. 2023 was $176.1 Mil. Hence, HUTCHMED (China)'s Days Inventory for the six months ended in Dec. 2023 was 53.95.

The historical rank and industry rank for HUTCHMED (China)'s Days Inventory or its related term are showing as below:

HCM' s Days Inventory Range Over the Past 10 Years
Min: 17.86   Med: 31.36   Max: 52.47
Current: 51.57

During the past 13 years, HUTCHMED (China)'s highest Days Inventory was 52.47. The lowest was 17.86. And the median was 31.36.

HCM's Days Inventory is ranked better than
93.03% of 975 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs HCM: 51.57

HUTCHMED (China)'s Days Inventory increased from Dec. 2022 (53.88) to Dec. 2023 (53.95). It might indicate that HUTCHMED (China)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. HUTCHMED (China)'s Inventory Turnover for the six months ended in Dec. 2023 was 3.38.

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. HUTCHMED (China)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.17.


HUTCHMED (China) Days Inventory Historical Data

The historical data trend for HUTCHMED (China)'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.

HUTCHMED (China) 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 32.50 34.83 39.24 54.23 50.77

HUTCHMED (China) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 41.41 54.28 53.88 48.43 53.95

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, HUTCHMED (China)'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.


HUTCHMED (China) Days Inventory Distribution

For the Drug Manufacturers industry and Healthcare sector, HUTCHMED (China)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where HUTCHMED (China)'s Days Inventory falls into.



HUTCHMED (China) Days Inventory Calculation

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

HUTCHMED (China)'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
=( (56.69 + 50.258) / 2 ) / 384.447*365
=53.474 / 384.447*365
=50.77

HUTCHMED (China)'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
=( (53.875 + 50.258) / 2 ) / 176.123*365 / 2
=52.0665 / 176.123*365 / 2
=53.95

* 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.


HUTCHMED (China)  (NAS:HCM) 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.

HUTCHMED (China)'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.

HUTCHMED (China)'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.


HUTCHMED (China) Days Inventory Related Terms

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HUTCHMED (China) (HUTCHMED (China)) Business Description

Traded in Other Exchanges
Address
2 Queen's Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
HUTCHMED (China) Ltd is an innovative biopharmaceutical company engaged in the discovery, global development, and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. The company has a portfolio of several cancer drug candidates currently in clinical studies around the world and extensive commercial infrastructure in its home market of China. The company operates in two reportable segments Oncology/Immunology, and Other Ventures.