Giant Biogene Holding Co (HKSE:02367) Days Inventory : 109.55 (As of Dec. 2023)

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What is Giant Biogene Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Giant Biogene Holding Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$212 Mil. Giant Biogene Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$353 Mil. Hence, Giant Biogene Holding Co's Days Inventory for the six months ended in Dec. 2023 was 109.55.

The historical rank and industry rank for Giant Biogene Holding Co's Days Inventory or its related term are showing as below:

HKSE:02367' s Days Inventory Range Over the Past 10 Years
Min: 111.84 Med: 122.78 Max: 139.99
Current: 121.18

During the past 5 years, Giant Biogene Holding Co's highest Days Inventory was 139.99. The lowest was 111.84. And the median was 122.78.

HKSE:02367's Days Inventory is ranked worse than
69.52% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs HKSE:02367: 121.18

Giant Biogene Holding Co's Days Inventory declined from Dec. 2022 (150.79) to Dec. 2023 (109.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Giant Biogene Holding Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.67.

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. Giant Biogene Holding Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Giant Biogene Holding Co Days Inventory Historical Data

The historical data trend for Giant Biogene Holding 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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Giant Biogene Holding Co Days Inventory Chart

Giant Biogene Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

116.04

111.84

139.99

139.35

122.78

Giant Biogene Holding Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	116.22	150.79	134.08	109.55

Competitive Comparison of Giant Biogene Holding Co's Days Inventory

For the Household & Personal Products subindustry, Giant Biogene Holding 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.

Giant Biogene Holding Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Giant Biogene Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Giant Biogene Holding Co's Days Inventory falls into.

Giant Biogene Holding Co Days Inventory Calculation

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

Giant Biogene Holding 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
=	( (205.358	+	219.237)	/	2 )	/	631.117	*	365
=	212.2975					/	631.117	*	365
=	122.78

Giant Biogene Holding 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
=	( (203.98	+	219.237)	/	2 )	/	352.53	*	365 / 2
=	211.6085					/	352.53	*	365 / 2
=	109.55

Giant Biogene Holding Co (HKSE:02367) 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.

Giant Biogene Holding Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	352.53	/	211.6085
	=	1.67

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.

Giant Biogene Holding Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	211.6085	/	2098.355
	=	0.10

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.

Giant Biogene Holding Co Days Inventory Related Terms

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Giant Biogene Holding Co (HKSE:02367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Giant Biogene Holding Co Ltd (HKSE:02367) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1855, Shanglin Yuan 7th Road, Chang’an District, Shaanxi Province, Xi’an, CHN

Website

http://www.xajuzi.com

Giant Biogene Holding Co Ltd design, develop and manufacture professional skin treatment products with recombinant collagen as the key bioactive ingredient. The company also develops and manufactures rare ginsenosides technology-based functional foods. The company utilizes proprietary synthetic biology technology to develop and manufacture multiple types of recombinant collagen and rare ginsenosides in-house. Bioactive ingredients offer a wealth of beauty and health properties such as skin repair, anti-aging, whitening, moisturizing and immunity improvement with a broad range of applications in the beauty and health sectors.

Giant Biogene Holding Co (HKSE:02367) Headlines

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