Zylox-Tonbridge Medical Technology Co (HKSE:02190) Days Inventory : 352.68 (As of Dec. 2023)

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What is Zylox-Tonbridge Medical Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zylox-Tonbridge Medical Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$176.0 Mil. Zylox-Tonbridge Medical Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$91.1 Mil. Hence, Zylox-Tonbridge Medical Technology Co's Days Inventory for the six months ended in Dec. 2023 was 352.68.

The historical rank and industry rank for Zylox-Tonbridge Medical Technology Co's Days Inventory or its related term are showing as below:

HKSE:02190' s Days Inventory Range Over the Past 10 Years
Min: 338.35 Med: 408.04 Max: 975.42
Current: 378.06

During the past 5 years, Zylox-Tonbridge Medical Technology Co's highest Days Inventory was 975.42. The lowest was 338.35. And the median was 408.04.

HKSE:02190's Days Inventory is ranked worse than
81.16% of 775 companies
in the Medical Devices & Instruments industry
Industry Median: 192.74 vs HKSE:02190: 378.06

Zylox-Tonbridge Medical Technology Co's Days Inventory declined from Dec. 2022 (421.02) to Dec. 2023 (352.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.52.

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. Zylox-Tonbridge Medical Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.54.

Zylox-Tonbridge Medical Technology Co Days Inventory Historical Data

The historical data trend for Zylox-Tonbridge Medical Technology 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.

* Premium members only.

Zylox-Tonbridge Medical Technology Co Days Inventory Chart

Zylox-Tonbridge Medical Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

975.42

616.74

338.35

408.04

368.52

Zylox-Tonbridge Medical Technology Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				341.35	343.57	421.02	425.04	352.68

Competitive Comparison of Zylox-Tonbridge Medical Technology Co's Days Inventory

For the Medical Devices subindustry, Zylox-Tonbridge Medical Technology 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.

Zylox-Tonbridge Medical Technology Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zylox-Tonbridge Medical Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zylox-Tonbridge Medical Technology Co's Days Inventory falls into.

Zylox-Tonbridge Medical Technology Co Days Inventory Calculation

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

Zylox-Tonbridge Medical Technology 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
=	( (133.162	+	182.16)	/	2 )	/	156.154	*	365
=	157.661					/	156.154	*	365
=	368.52

Zylox-Tonbridge Medical Technology Co'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
=	( (169.907	+	182.16)	/	2 )	/	91.091	*	365 / 2
=	176.0335					/	91.091	*	365 / 2
=	352.68

Zylox-Tonbridge Medical Technology Co (HKSE:02190) 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.

Zylox-Tonbridge Medical Technology Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	91.091	/	176.0335
	=	0.52

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.

Zylox-Tonbridge Medical Technology Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	176.0335	/	325.534
	=	0.54

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.

Zylox-Tonbridge Medical Technology Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Zylox-Tonbridge Medical Technology Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zylox-Tonbridge Medical Technology Co (HKSE:02190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zylox-Tonbridge Medical Technology Co Ltd (HKSE:02190) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Keji Avenue, Yuhang Street, 1st & 2nd Floors, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

https://www.zyloxtb.com

Zylox-Tonbridge Medical Technology Co Ltd is principally engaged in providing solutions to patients and physicians with a product portfolio covering peripheral-vascular interventional devices and neurovascular interventional devices in China and other countries.

Executives

Gan Zhou Ti Tan Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2501 Other
Su Zhou Tai Hong Jing Hui Tou Zi Zhong Xin You Xian He Huo	2501 Other
Five Investment Limited	2501 Other
Highlight Medical Limited	2501 Other
Ourea Biotech Hk Limited	2501 Other
Wang Stephen Hui	2201 Interest of corporation controlled by you
Ning Bo Bao Shui Qu Tie Si Yi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2501 Other
Jia Jian Tou Zi You Xian Gong Si	2501 Other
Wea Enterprises ,llc	2401 A concert party to an agreement to buy shares
Hu Zhou Yu Yi Hui Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2401 A concert party to an agreement to buy shares
Ning Bo Gui Qiao Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2401 A concert party to an agreement to buy shares
Zhu Hai Gui Chuang Gu Quan Tou Zi Zhong Xin You Xian He Huo	2401 A concert party to an agreement to buy shares
Hang Zhou Fu Jiang Tou Zi He Huo Qi Ye You Xian He Huo	2401 A concert party to an agreement to buy shares
Zhu Hai Tong Qiao Tou Zi Zhong Xin You Xian He Huo	2401 A concert party to an agreement to buy shares
Li Zheng	2501 Other

Zylox-Tonbridge Medical Technology Co (HKSE:02190) Headlines

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