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Shanghai Pharmaceuticals Holding Co (SHSE:601607) Days Inventory : 59.00 (As of Dec. 2023)


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What is Shanghai Pharmaceuticals Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Pharmaceuticals Holding Co's Average Total Inventories for the three months ended in Dec. 2023 was ¥35,836 Mil. Shanghai Pharmaceuticals Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥55,421 Mil. Hence, Shanghai Pharmaceuticals Holding Co's Days Inventory for the three months ended in Dec. 2023 was 59.00.

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

SHSE:601607' s Days Inventory Range Over the Past 10 Years
Min: 49.89   Med: 54.87   Max: 57.01
Current: 54.65

During the past 13 years, Shanghai Pharmaceuticals Holding Co's highest Days Inventory was 57.01. The lowest was 49.89. And the median was 54.87.

SHSE:601607's Days Inventory is ranked better than
52.13% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs SHSE:601607: 54.65

Shanghai Pharmaceuticals Holding Co's Days Inventory increased from Dec. 2022 (57.82) to Dec. 2023 (59.00). It might indicate that Shanghai Pharmaceuticals Holding Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Pharmaceuticals Holding Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.55.

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. Shanghai Pharmaceuticals Holding Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.57.


Shanghai Pharmaceuticals Holding Co Days Inventory Historical Data

The historical data trend for Shanghai Pharmaceuticals Holding 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.

Shanghai Pharmaceuticals Holding Co Days Inventory Chart

Shanghai Pharmaceuticals Holding 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 57.01 54.10 49.89 55.76 56.66

Shanghai Pharmaceuticals Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 57.82 52.77 51.41 53.63 59.00

Competitive Comparison of Shanghai Pharmaceuticals Holding Co's Days Inventory

For the Medical Distribution subindustry, Shanghai Pharmaceuticals Holding 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.


Shanghai Pharmaceuticals Holding Co's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Shanghai Pharmaceuticals Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Pharmaceuticals Holding Co's Days Inventory falls into.



Shanghai Pharmaceuticals Holding Co Days Inventory Calculation

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

Shanghai Pharmaceuticals Holding 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
=( (34460.217 + 36623.394) / 2 ) / 228966.947*365
=35541.8055 / 228966.947*365
=56.66

Shanghai Pharmaceuticals Holding Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35047.635 + 36623.394) / 2 ) / 55421.048*365 / 4
=35835.5145 / 55421.048*365 / 4
=59.00

* 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.


Shanghai Pharmaceuticals Holding Co  (SHSE:601607) 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.

Shanghai Pharmaceuticals Holding Co's Inventory Turnover for the three 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.

Shanghai Pharmaceuticals Holding Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=35835.5145 / 62786.775
=0.57

* 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.


Shanghai Pharmaceuticals Holding Co Days Inventory Related Terms

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


Shanghai Pharmaceuticals Holding Co (SHSE:601607) Business Description

Traded in Other Exchanges
Address
No. 200 Taicang Road, Shanghai Pharmaceutical Building, Shanghai, CHN, 200020
Shanghai Pharmaceuticals Holding is a vertically integrated Chinese healthcare company that operates drug manufacturing, distribution, and retail pharmacy businesses in mainland China. It is the second-largest distributor by revenue and has a strong distribution presence in Eastern China.

Shanghai Pharmaceuticals Holding Co (SHSE:601607) Headlines

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