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AiXin Life International (AiXin Life International) Days Inventory : 54.94 (As of Dec. 2023)


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What is AiXin Life International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AiXin Life International's Average Total Inventories for the three months ended in Dec. 2023 was $0.54 Mil. AiXin Life International's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.90 Mil. Hence, AiXin Life International's Days Inventory for the three months ended in Dec. 2023 was 54.94.

The historical rank and industry rank for AiXin Life International's Days Inventory or its related term are showing as below:

AIXN' s Days Inventory Range Over the Past 10 Years
Min: 29.09   Med: 48.53   Max: 95.17
Current: 61.64

During the past 13 years, AiXin Life International's highest Days Inventory was 95.17. The lowest was 29.09. And the median was 48.53.

AIXN's Days Inventory is ranked worse than
75.08% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.99 vs AIXN: 61.64

AiXin Life International's Days Inventory declined from Dec. 2022 (61.00) to Dec. 2023 (54.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. AiXin Life International's Inventory Turnover for the three months ended in Dec. 2023 was 1.66.

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. AiXin Life International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.68.


AiXin Life International Days Inventory Historical Data

The historical data trend for AiXin Life International'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.

AiXin Life International Days Inventory Chart

AiXin Life International Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.09 77.06 95.17 46.97 50.09

AiXin Life International 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 61.00 82.46 65.34 60.55 54.94

Competitive Comparison of AiXin Life International's Days Inventory

For the Food Distribution subindustry, AiXin Life International'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.


AiXin Life International's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, AiXin Life International's Days Inventory distribution charts can be found below:

* The bar in red indicates where AiXin Life International's Days Inventory falls into.



AiXin Life International Days Inventory Calculation

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

AiXin Life International'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
=( (0.499 + 0.441) / 2 ) / 3.425*365
=0.47 / 3.425*365
=50.09

AiXin Life International'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
=( (0.644 + 0.441) / 2 ) / 0.901*365 / 4
=0.5425 / 0.901*365 / 4
=54.94

* 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.


AiXin Life International  (OTCPK:AIXN) 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.

AiXin Life International'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.

AiXin Life International's Inventory to Revenue for the three 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.


AiXin Life International Days Inventory Related Terms

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


AiXin Life International (AiXin Life International) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN
AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
Executives
Hsin-liang Christopher Lee director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li officer: Chief Financial Officer NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang director 704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin director, 10 percent owner, officer: President and CEO 9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis director, officer: CEO and President 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp 10 percent owner 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins officer: Exec. VP and COO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum officer: Exec. VP and CFO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins director, 10 percent owner 1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield director, 10 percent owner
Robert Marsik director, 10 percent owner, officer: President

AiXin Life International (AiXin Life International) Headlines

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