Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Days Inventory : 710.09 (As of Dec. 2023)

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What is Shanghai MicroPort MedBot (Group) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai MicroPort MedBot (Group) Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$273.9 Mil. Shanghai MicroPort MedBot (Group) Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$70.4 Mil. Hence, Shanghai MicroPort MedBot (Group) Co's Days Inventory for the six months ended in Dec. 2023 was 710.09.

The historical rank and industry rank for Shanghai MicroPort MedBot (Group) Co's Days Inventory or its related term are showing as below:

HKSE:02252' s Days Inventory Range Over the Past 10 Years
Min: 985.06 Med: 4501.2 Max: 32565.84
Current: 1023.96

During the past 5 years, Shanghai MicroPort MedBot (Group) Co's highest Days Inventory was 32565.84. The lowest was 985.06. And the median was 4501.20.

HKSE:02252's Days Inventory is ranked worse than
95.74% of 775 companies
in the Medical Devices & Instruments industry
Industry Median: 192.78 vs HKSE:02252: 1023.96

Shanghai MicroPort MedBot (Group) Co's Days Inventory declined from Dec. 2022 (2,821.33) to Dec. 2023 (710.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai MicroPort MedBot (Group) Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.26.

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 MicroPort MedBot (Group) Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 4.39.

Shanghai MicroPort MedBot (Group) Co Days Inventory Historical Data

The historical data trend for Shanghai MicroPort MedBot (Group) 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.

Shanghai MicroPort MedBot (Group) Co Days Inventory Chart

Shanghai MicroPort MedBot (Group) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

32,565.84

4,501.20

985.06

Shanghai MicroPort MedBot (Group) Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				12,254.06	78,989.75	2,821.33	1,883.59	710.09

Competitive Comparison of Shanghai MicroPort MedBot (Group) Co's Days Inventory

For the Medical Devices subindustry, Shanghai MicroPort MedBot (Group) 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 MicroPort MedBot (Group) Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai MicroPort MedBot (Group) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai MicroPort MedBot (Group) Co's Days Inventory falls into.

Shanghai MicroPort MedBot (Group) Co Days Inventory Calculation

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

Shanghai MicroPort MedBot (Group) 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
=	( (279.712	+	251.028)	/	2 )	/	98.329	*	365
=	265.37					/	98.329	*	365
=	985.06

Shanghai MicroPort MedBot (Group) 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
=	( (296.802	+	251.028)	/	2 )	/	70.399	*	365 / 2
=	273.915					/	70.399	*	365 / 2
=	710.09

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) 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 MicroPort MedBot (Group) Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70.399	/	273.915
	=	0.26

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 MicroPort MedBot (Group) Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	273.915	/	62.333
	=	4.39

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 MicroPort MedBot (Group) Co Days Inventory Related Terms

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

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort MedBot (Group) Co Ltd (HKSE:02252) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Zhangdong Road, Room 101, Area B, Building 1, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.medbotsurgical.com

Shanghai MicroPort MedBot (Group) Co Ltd is a top-tier surgical robot company dedicated to designing, developing, and commercializing surgical robots to assist surgeons in performing complex surgical procedures.

Executives

He Chao	2201 Interest of corporation controlled by you
Yuan Shuai	2201 Interest of corporation controlled by you
Ji Shufang	2202 Interest of your spouse
Wu Kaili	2202 Interest of your spouse
Shenzhen Gao Ling Tiancheng Phase Iii Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shenzhen Gao Ling Muqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Xiamen Gao Ling Ruiqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Zhuhai Gao Ling Chongheng Equity Investment Llp	2101 Beneficial owner
Shang Hai Wei Chuang Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Zhen Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2103 Interests held jointly with another person
Shang Hai Mo Hua Ren Gong Zhi Neng Ke Ji You Xian Gong Si	2103 Interests held jointly with another person
Wei Chuang Yi Liao Ke Xue You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Min Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2101 Beneficial owner

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Headlines

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