Days Inventory is also known as Days Sales of Inventory (DSI). Peijia Medical's Average Total Inventories for the
six
months ended in Jun. 2023 was HK$162.8 Mil. Peijia Medical's Cost of Goods Sold for the
six
months ended in Jun. 2023 was HK$56.8 Mil.
Hence, Peijia Medical's Days Inventory for the
six
months ended in Jun. 2023 was 523.23.
The historical rank and industry rank for Peijia Medical's Days Inventory or its related term are showing as below:
HKSE:09996'
s Days Inventory Range Over the Past 10 Years
Min: 340.42 Med: 445.17 Max: 492.24
Current: 492.24
During the past 6 years, Peijia Medical's highest Days Inventory was 492.24. The lowest was 340.42. And the median was 445.17.
HKSE:09996's Days Inventory is ranked worse than 86.41% of 780
companies
in the Medical Devices & Instruments industry
Industry Median: 192.715
vs HKSE:09996: 492.24
Peijia Medical's Days Inventory
increased
from Jun. 2022 (392.50) to Jun. 2023 (523.23).
It might indicate that Peijia Medical's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Peijia Medical's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.35.
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.
Peijia Medical's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.66.
Peijia Medical Days Inventory Historical Data
The historical data trend for Peijia Medical'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.
Competitive Comparison of Peijia Medical's Days Inventory
For the Medical Devices subindustry, Peijia Medical'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.
Peijia Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Peijia Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Peijia Medical's Days Inventory falls into.
Peijia Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Peijia Medical's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Peijia Medical (HKSE:09996) 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.
Peijia Medical's Inventory Turnover for the
six
months ended in Jun. 2023 is calculated as
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.
Peijia Medical's Inventory to Revenue for the
six
months ended in Jun. 2023 is calculated as
* 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.
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.
Peijia Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Peijia Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Peijia Medical Ltd is focused on the interventional procedural, transcatheter valve therapeutic, and the neurointerventional procedural medical device market in China. The company's product candidates include Transcatheter Aortic Valve Replacement products, Transcatheter Mitral Valve Replacement/Transcatheter Tricuspid Valve Replacement products, Ancillary products, Neurointerventional products, and its product pipeline consists of transcatheter valve therapeutic and neurointerventional products and product candidates. Its operating segments are Transcatheter Valve Therapeutic Business and Neurointerventional Business.
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