China Isotope & Radiation (HKSE:01763) Days Inventory : 79.36 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is China Isotope & Radiation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Isotope & Radiation's Average Total Inventories for the six months ended in Dec. 2023 was HK$902 Mil. China Isotope & Radiation's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,075 Mil. Hence, China Isotope & Radiation's Days Inventory for the six months ended in Dec. 2023 was 79.36.

The historical rank and industry rank for China Isotope & Radiation's Days Inventory or its related term are showing as below:

HKSE:01763' s Days Inventory Range Over the Past 10 Years
Min: 87.23 Med: 110.85 Max: 125.16
Current: 90.4

During the past 9 years, China Isotope & Radiation's highest Days Inventory was 125.16. The lowest was 87.23. And the median was 110.85.

HKSE:01763's Days Inventory is ranked better than
85.84% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.88 vs HKSE:01763: 90.40

China Isotope & Radiation's Days Inventory declined from Dec. 2022 (92.18) to Dec. 2023 (79.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Isotope & Radiation's Inventory Turnover for the six months ended in Dec. 2023 was 2.30.

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. China Isotope & Radiation's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.21.

China Isotope & Radiation Days Inventory Historical Data

The historical data trend for China Isotope & Radiation'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.

China Isotope & Radiation Days Inventory Chart

China Isotope & Radiation Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

125.16

110.85

121.21

99.51

87.23

China Isotope & Radiation Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											107.46	131.59	92.18	111.07	79.36

Competitive Comparison of China Isotope & Radiation's Days Inventory

For the Medical Devices subindustry, China Isotope & Radiation'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.

China Isotope & Radiation's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, China Isotope & Radiation's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Isotope & Radiation's Days Inventory falls into.

China Isotope & Radiation Days Inventory Calculation

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

China Isotope & Radiation'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
=	( (757.758	+	890.516)	/	2 )	/	3448.415	*	365
=	824.137					/	3448.415	*	365
=	87.23

China Isotope & Radiation'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
=	( (914.053	+	890.516)	/	2 )	/	2074.907	*	365 / 2
=	902.2845					/	2074.907	*	365 / 2
=	79.36

China Isotope & Radiation (HKSE:01763) 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.

China Isotope & Radiation's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2074.907	/	902.2845
	=	2.30

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.

China Isotope & Radiation's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	902.2845	/	4259.619
	=	0.21

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.

China Isotope & Radiation Days Inventory Related Terms

Thank you for viewing the detailed overview of China Isotope & Radiation's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

China Isotope & Radiation (HKSE:01763) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » China Isotope & Radiation Corp (HKSE:01763) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66 Changwa Middle Street, Haidian District, Beijing, CHN, 100089

Website

https://www.china-isotope.com

China Isotope & Radiation Corp is a Chinese company. It has five operating segments: Pharmaceuticals; Radioactive source products; Irradiation; Radiation therapy equipment and related services and Other businesses. Its Pharmaceutical segment is the key revenue driver, which manufactures and sells imaging diagnostic and therapeutic radiopharmaceuticals imaging, UBT diagnostic kits, and test analyzers, and other products. Its radioactive source products segment involves the sale of medical and industrial radioactive source products and technical services. The Group's operations are carried out and majority of the Group's customers are located in the PRC.

China Isotope & Radiation (HKSE:01763) Headlines

No Headlines