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Zhong Yuan Bio-Technology Holdings (Zhong Yuan Bio-Technology Holdings) Days Inventory : 60.93 (As of Sep. 2023)


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What is Zhong Yuan Bio-Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhong Yuan Bio-Technology Holdings's Average Total Inventories for the six months ended in Sep. 2023 was $0.11 Mil. Zhong Yuan Bio-Technology Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.33 Mil. Hence, Zhong Yuan Bio-Technology Holdings's Days Inventory for the six months ended in Sep. 2023 was 60.93.

The historical rank and industry rank for Zhong Yuan Bio-Technology Holdings's Days Inventory or its related term are showing as below:

ZHYBF' s Days Inventory Range Over the Past 10 Years
Min: 113.03   Med: 335.18   Max: 1108.59
Current: 113.03

During the past 8 years, Zhong Yuan Bio-Technology Holdings's highest Days Inventory was 1108.59. The lowest was 113.03. And the median was 335.18.

ZHYBF's Days Inventory is ranked worse than
66.76% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs ZHYBF: 113.03

Zhong Yuan Bio-Technology Holdings's Days Inventory declined from Sep. 2022 (130.25) to Sep. 2023 (60.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhong Yuan Bio-Technology Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 3.00.

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. Zhong Yuan Bio-Technology Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.07.


Zhong Yuan Bio-Technology Holdings Days Inventory Historical Data

The historical data trend for Zhong Yuan Bio-Technology Holdings'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.

Zhong Yuan Bio-Technology Holdings Days Inventory Chart

Zhong Yuan Bio-Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 280.86 335.18 1,108.59 669.74 236.62

Zhong Yuan Bio-Technology Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,066.55 763.56 130.25 814.49 60.93

Competitive Comparison of Zhong Yuan Bio-Technology Holdings's Days Inventory

For the Packaged Foods subindustry, Zhong Yuan Bio-Technology Holdings'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.


Zhong Yuan Bio-Technology Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhong Yuan Bio-Technology Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhong Yuan Bio-Technology Holdings's Days Inventory falls into.



Zhong Yuan Bio-Technology Holdings Days Inventory Calculation

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

Zhong Yuan Bio-Technology Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0.057 + 0.131) / 2 ) / 0.145*365
=0.094 / 0.145*365
=236.62

Zhong Yuan Bio-Technology Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.131 + 0.086) / 2 ) / 0.325*365 / 2
=0.1085 / 0.325*365 / 2
=60.93

* 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.


Zhong Yuan Bio-Technology Holdings  (OTCPK:ZHYBF) 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.

Zhong Yuan Bio-Technology Holdings's Inventory Turnover for the six months ended in Sep. 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.

Zhong Yuan Bio-Technology Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Zhong Yuan Bio-Technology Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Zhong Yuan Bio-Technology Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhong Yuan Bio-Technology Holdings (Zhong Yuan Bio-Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
28 Queen’s Road East, Suite 901, Tesbury Centre, Wanchai, Hong Kong, HKG
Zhong Yuan Bio-Technology Holdings Ltd is engaged in the business of developing and marketing nervonic acid-based health supplements and sales of acer truncatum seedlings. The company has two reportable segments such as sales of health care supplements and technical supporting services. The company generates its revenue primarily from the sales of health care supplements.
Executives
Tingting Chang director, 10 percent owner, officer: CEO RM 1002, 10THFL, LONG HU FUTURE OFFICE, NO. 1 EAST SHI LI PU ROAD, CHAO YANG DISTRICT, BEIJING F4 100024
James M Cassidy director, 10 percent owner, officer: president,secretary,treasurer 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: Vice President 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

Zhong Yuan Bio-Technology Holdings (Zhong Yuan Bio-Technology Holdings) Headlines

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