3D Medicines (HKSE:01244) Days Inventory : 52.18 (As of Dec. 2023)

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What is 3D Medicines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 3D Medicines's Average Total Inventories for the six months ended in Dec. 2023 was HK$6.8 Mil. 3D Medicines's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$23.8 Mil. Hence, 3D Medicines's Days Inventory for the six months ended in Dec. 2023 was 52.18.

The historical rank and industry rank for 3D Medicines's Days Inventory or its related term are showing as below:

HKSE:01244' s Days Inventory Range Over the Past 10 Years
Min: 1.12 Med: 5.23 Max: 33.91
Current: 33.91

During the past 4 years, 3D Medicines's highest Days Inventory was 33.91. The lowest was 1.12. And the median was 5.23.

HKSE:01244's Days Inventory is ranked better than
90.66% of 653 companies
in the Biotechnology industry
Industry Median: 190.92 vs HKSE:01244: 33.91

3D Medicines's Days Inventory increased from Dec. 2022 (8.08) to Dec. 2023 (52.18). It might indicate that 3D Medicines's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. 3D Medicines's Inventory Turnover for the six months ended in Dec. 2023 was 3.50.

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. 3D Medicines's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.

3D Medicines Days Inventory Historical Data

The historical data trend for 3D Medicines'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.

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3D Medicines Days Inventory Chart

3D Medicines Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

1.12

5.23

21.69

3D Medicines Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	0.16	8.08	30.31	52.18

Competitive Comparison of 3D Medicines's Days Inventory

For the Biotechnology subindustry, 3D Medicines'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.

3D Medicines's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 3D Medicines's Days Inventory distribution charts can be found below:

* The bar in red indicates where 3D Medicines's Days Inventory falls into.

3D Medicines Days Inventory Calculation

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

3D Medicines'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
=	( (1.336	+	5.045)	/	2 )	/	53.695	*	365
=	3.1905					/	53.695	*	365
=	21.69

3D Medicines'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
=	( (8.584	+	5.045)	/	2 )	/	23.834	*	365 / 2
=	6.8145					/	23.834	*	365 / 2
=	52.18

3D Medicines (HKSE:01244) 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.

3D Medicines's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.834	/	6.8145
	=	3.50

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.

3D Medicines's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.8145	/	308.879
	=	0.02

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.

3D Medicines Days Inventory Related Terms

Thank you for viewing the detailed overview of 3D Medicines's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

3D Medicines (HKSE:01244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » 3D Medicines Inc (HKSE:01244) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 and No. 5, Laiyang Road, Shandong, Qingdao, CHN

Website

https://www.3d-medicines.com

3D Medicines Inc is a commercial-stage biopharmaceutical company that researches, develops, and commercialization of drugs in the field of managing cancer as a chronic disease. It develops differentiated immuno-oncology drugs, helping cancer patients live with prolonged survival time and quality of life.

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