Touyun Biotech Group (HKSE:01332) Days Inventory : 92.16 (As of Jun. 2023)

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What is Touyun Biotech Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Touyun Biotech Group's Average Total Inventories for the six months ended in Jun. 2023 was HK$34.6 Mil. Touyun Biotech Group's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$68.4 Mil. Hence, Touyun Biotech Group's Days Inventory for the six months ended in Jun. 2023 was 92.16.

The historical rank and industry rank for Touyun Biotech Group's Days Inventory or its related term are showing as below:

HKSE:01332' s Days Inventory Range Over the Past 10 Years
Min: 28.34 Med: 43.26 Max: 94.58
Current: 72.27

During the past 13 years, Touyun Biotech Group's highest Days Inventory was 94.58. The lowest was 28.34. And the median was 43.26.

HKSE:01332's Days Inventory is ranked better than
56.4% of 367 companies
in the Packaging & Containers industry
Industry Median: 78.45 vs HKSE:01332: 72.27

Touyun Biotech Group's Days Inventory increased from Jun. 2022 (62.41) to Jun. 2023 (92.16). It might indicate that Touyun Biotech Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Touyun Biotech Group's Inventory Turnover for the six months ended in Jun. 2023 was 1.98.

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. Touyun Biotech Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.

Touyun Biotech Group Days Inventory Historical Data

The historical data trend for Touyun Biotech Group'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.

Touyun Biotech Group Days Inventory Chart

Touyun Biotech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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54.76

94.58

68.79

63.76

65.35

Touyun Biotech Group 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															60.49	62.41	79.37	92.16	60.45

Competitive Comparison of Touyun Biotech Group's Days Inventory

For the Packaging & Containers subindustry, Touyun Biotech Group'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.

Touyun Biotech Group's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Touyun Biotech Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Touyun Biotech Group's Days Inventory falls into.

Touyun Biotech Group Days Inventory Calculation

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

Touyun Biotech Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (32.766	+	35.613)	/	2 )	/	195.706	*	365
=	34.1895					/	195.706	*	365
=	63.76

Touyun Biotech Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (35.613	+	33.509)	/	2 )	/	68.437	*	365 / 2
=	34.561					/	68.437	*	365 / 2
=	92.16

Touyun Biotech Group (HKSE:01332) 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.

Touyun Biotech Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	68.437	/	34.561
	=	1.98

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.

Touyun Biotech Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.561	/	103.367
	=	0.33

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.

Touyun Biotech Group Days Inventory Related Terms

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

Touyun Biotech Group (HKSE:01332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Touyun Biotech Group Ltd (HKSE:01332) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Tonnochy Road, 12th Floor, Kwan Chart Tower, Wanchai, Hong Kong, HKG

Website

https://www.touyunbiotech.com.hk

Touyun Biotech Group Ltd, formerly China Touyun Tech Group Ltd, an investment holding company, designs, develops, manufactures, and sells packaging products and point-of-sales display units. It operates with four business segments, Packaging Products, Treasury Investment, QR code business, and Chlamydomonas reinhardtii product business. Through the Packaging Products segment, it offers watch boxes, jewelry boxes, eyewear cases, bags and pouches, and display units whereas the Treasury segment engages in the trading of securities and money lending activities. It derives a majority of its revenue from the Packaging products. The business activity of the group is operated in Hong Kong, Mainland China, North and South America, and other countries.

Touyun Biotech Group (HKSE:01332) Headlines

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