Shanghai Junshi Biosciences Co (HKSE:01877) Days Inventory : 454.71 (As of Mar. 2024)

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What is Shanghai Junshi Biosciences Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Junshi Biosciences Co's Average Total Inventories for the three months ended in Mar. 2024 was HK$585.1 Mil. Shanghai Junshi Biosciences Co's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$117.4 Mil. Hence, Shanghai Junshi Biosciences Co's Days Inventory for the three months ended in Mar. 2024 was 454.71.

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

HKSE:01877' s Days Inventory Range Over the Past 10 Years
Min: 118.52 Med: 427.57 Max: 55002.97
Current: 675.25

During the past 8 years, Shanghai Junshi Biosciences Co's highest Days Inventory was 55002.97. The lowest was 118.52. And the median was 427.57.

HKSE:01877's Days Inventory is ranked worse than
85.63% of 654 companies
in the Biotechnology industry
Industry Median: 192.63 vs HKSE:01877: 675.25

Shanghai Junshi Biosciences Co's Days Inventory declined from Mar. 2023 (626.70) to Mar. 2024 (454.71).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Junshi Biosciences Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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 Junshi Biosciences Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.41.

Shanghai Junshi Biosciences Co Days Inventory Historical Data

The historical data trend for Shanghai Junshi Biosciences 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.

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Shanghai Junshi Biosciences Co Days Inventory Chart

Shanghai Junshi Biosciences Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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463.16

251.32

118.52

391.98

314.42

Shanghai Junshi Biosciences Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial														626.70	293.32	-	-	454.71

Competitive Comparison of Shanghai Junshi Biosciences Co's Days Inventory

For the Biotechnology subindustry, Shanghai Junshi Biosciences 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 Junshi Biosciences Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Junshi Biosciences Co's Days Inventory distribution charts can be found below:

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

Shanghai Junshi Biosciences Co Days Inventory Calculation

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

Shanghai Junshi Biosciences 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
=	( (668.936	+	588.511)	/	2 )	/	729.867	*	365
=	628.7235					/	729.867	*	365
=	314.42

Shanghai Junshi Biosciences Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (588.511	+	581.767)	/	2 )	/	117.423	*	365 / 4
=	585.139					/	117.423	*	365 / 4
=	454.71

Shanghai Junshi Biosciences Co (HKSE:01877) 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 Junshi Biosciences Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.423	/	585.139
	=	0.20

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 Junshi Biosciences Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	585.139	/	413.668
	=	1.41

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 Junshi Biosciences Co Days Inventory Related Terms

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

Shanghai Junshi Biosciences Co (HKSE:01877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shanghai Junshi Biosciences Co Ltd (HKSE:01877) » Definitions » Days Inventory

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8SJ:Germany 688180:China

Address

Nos. 36 and 58, Hai Qu Road, Room 1003, Level 10, Building 2, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.junshipharma.com

Shanghai Junshi is a China-based biotechnology company that was founded in 2012 and listed on the Hong Kong Stock Exchange and STAR board of the Shanghai Stock Exchange in 2018 and 2020, respectively. It received approval for its first core asset at the end of 2018, a PD-1 inhibitor called Tuoyi, or toripalimab. It also successfully created etesevimab, one of the earliest neutralizing antibodies for COVID-19 treatment, which was out-licensed to Eli Lilly and obtained U.S. Food and Drug Administration approval in February 2021. It also has an adalimumab biosimilar approved in 2022 and is working on an oral COVID-19 treatment, VV116.

Executives

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