Days Inventory is also known as Days Sales of Inventory (DSI). SSY Group's Average Total Inventories for the
six
months ended in Dec. 2023 was HK$1,043 Mil. SSY Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was HK$1,455 Mil.
Hence, SSY Group's Days Inventory for the
six
months ended in Dec. 2023 was 130.88.
The historical rank and industry rank for SSY Group's Days Inventory or its related term are showing as below:
HKSE:02005'
s Days Inventory Range Over the Past 10 Years
Min: 87.5 Med: 100.75 Max: 134.62
Current: 123.98
During the past 13 years, SSY Group's highest Days Inventory was 134.62. The lowest was 87.50. And the median was 100.75.
HKSE:02005's Days Inventory is ranked better than 64.85% of 973
companies
in the Drug Manufacturers industry
Industry Median: 157.54
vs HKSE:02005: 123.98
SSY Group's Days Inventory
increased
from Dec. 2022 (107.95) to Dec. 2023 (130.88).
It might indicate that SSY Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SSY Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.39.
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.
SSY Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.33.
SSY Group Days Inventory Historical Data
The historical data trend for SSY Group'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 SSY Group's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, SSY Group'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.
SSY Group's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, SSY Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where SSY Group's Days Inventory falls into.
SSY Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SSY Group's Days Inventory for the fiscal year that ended in Dec. 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.
SSY Group (HKSE:02005) 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.
SSY Group's Inventory Turnover for the
six
months ended in Dec. 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.
SSY Group's Inventory to Revenue for the
six
months ended in Dec. 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.
SSY Group Days Inventory Related Terms
Thank you for viewing the detailed overview of SSY Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SSY Group Ltd is engaged in the research, development, manufacturing and selling of a wide range of pharmaceutical products, which includes finished medicines of mainly intravenous infusion solution and ampoule injection to hospitals and distributors, bulk pharmaceuticals and medical materials. The company has two reportable segments including intravenous infusion solution and others and medical materials. The company derives a vast majority of its revenue principally from the Intravenous infusion solution and others. Revenue generation is driven mostly by its sales of pharmaceutical products, followed by medical materials.
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