GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Shan Dong Kexing Bioproducts Co Ltd (SHSE:688136) » Definitions » Days Inventory

Shan Dong Kexing Bioproducts Co (SHSE:688136) Days Inventory : 170.91 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shan Dong Kexing Bioproducts Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shan Dong Kexing Bioproducts Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥185 Mil. Shan Dong Kexing Bioproducts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥99 Mil. Hence, Shan Dong Kexing Bioproducts Co's Days Inventory for the three months ended in Mar. 2024 was 170.91.

The historical rank and industry rank for Shan Dong Kexing Bioproducts Co's Days Inventory or its related term are showing as below:

SHSE:688136' s Days Inventory Range Over the Past 10 Years
Min: 177.39   Med: 196.93   Max: 256.35
Current: 177.39

During the past 7 years, Shan Dong Kexing Bioproducts Co's highest Days Inventory was 256.35. The lowest was 177.39. And the median was 196.93.

SHSE:688136's Days Inventory is ranked better than
53.98% of 654 companies
in the Biotechnology industry
Industry Median: 192.63 vs SHSE:688136: 177.39

Shan Dong Kexing Bioproducts Co's Days Inventory declined from Mar. 2023 (212.93) to Mar. 2024 (170.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shan Dong Kexing Bioproducts Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.53.

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. Shan Dong Kexing Bioproducts Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.51.


Shan Dong Kexing Bioproducts Co Days Inventory Historical Data

The historical data trend for Shan Dong Kexing Bioproducts 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.

Shan Dong Kexing Bioproducts Co Days Inventory Chart

Shan Dong Kexing Bioproducts Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 185.44 188.00 196.93 214.12 198.28

Shan Dong Kexing Bioproducts Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 212.93 183.48 168.57 179.93 170.91

Competitive Comparison of Shan Dong Kexing Bioproducts Co's Days Inventory

For the Biotechnology subindustry, Shan Dong Kexing Bioproducts 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.


Shan Dong Kexing Bioproducts Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shan Dong Kexing Bioproducts Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shan Dong Kexing Bioproducts Co's Days Inventory falls into.



Shan Dong Kexing Bioproducts Co Days Inventory Calculation

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

Shan Dong Kexing Bioproducts 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
=( (208.182 + 191.365) / 2 ) / 367.752*365
=199.7735 / 367.752*365
=198.28

Shan Dong Kexing Bioproducts 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
=( (191.365 + 178.306) / 2 ) / 98.684*365 / 4
=184.8355 / 98.684*365 / 4
=170.91

* 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.


Shan Dong Kexing Bioproducts Co  (SHSE:688136) 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.

Shan Dong Kexing Bioproducts Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Shan Dong Kexing Bioproducts Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Shan Dong Kexing Bioproducts Co Days Inventory Related Terms

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


Shan Dong Kexing Bioproducts Co (SHSE:688136) Business Description

Traded in Other Exchanges
N/A
Address
No. 2666, Chuangye Road, Mingshui Development Zone, Zhangqiu District, Shandong Province, Jinan, CHN, 250200
Shan Dong Kexing Bioproducts Co Ltd formerly Kexing Biopharmaceutical Co Ltd is an innovative biopharmaceutical company. It is engaged in the production and sales of recombinant protein drugs and probiotics. The company use the drugs in the fields of antiviral, hematology, tumor and immunity, and degenerative diseases.
Executives
Wang Xiao Qin Directors, senior managers
Cui Ning Directors, senior managers
Ma Hong Jie senior management
Shao Ke senior management
Deng Xue Qin Director
Zhao Yan Qing Directors, senior managers

Shan Dong Kexing Bioproducts Co (SHSE:688136) Headlines

No Headlines