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Zhejiang Chemsyn Pharm Co (BJSE:870656) Days Inventory : 129.77 (As of Mar. 2024)


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What is Zhejiang Chemsyn Pharm Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Chemsyn Pharm Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥29.1 Mil. Zhejiang Chemsyn Pharm Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20.5 Mil. Hence, Zhejiang Chemsyn Pharm Co's Days Inventory for the three months ended in Mar. 2024 was 129.77.

The historical rank and industry rank for Zhejiang Chemsyn Pharm Co's Days Inventory or its related term are showing as below:

BJSE:870656' s Days Inventory Range Over the Past 10 Years
Min: 40.09   Med: 72.33   Max: 107.01
Current: 106.57

During the past 10 years, Zhejiang Chemsyn Pharm Co's highest Days Inventory was 107.01. The lowest was 40.09. And the median was 72.33.

BJSE:870656's Days Inventory is ranked worse than
100% of 7 companies
in the Healthcare Plans industry
Industry Median: 28.64 vs BJSE:870656: 106.57

Zhejiang Chemsyn Pharm Co's Days Inventory increased from Mar. 2023 (95.31) to Mar. 2024 (129.77). It might indicate that Zhejiang Chemsyn Pharm Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Chemsyn Pharm Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Zhejiang Chemsyn Pharm Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.70.


Zhejiang Chemsyn Pharm Co Days Inventory Historical Data

The historical data trend for Zhejiang Chemsyn Pharm 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.

Zhejiang Chemsyn Pharm Co Days Inventory Chart

Zhejiang Chemsyn Pharm Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.01 56.91 76.00 96.11 107.01

Zhejiang Chemsyn Pharm Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 95.31 83.36 109.60 109.47 129.77

Competitive Comparison of Zhejiang Chemsyn Pharm Co's Days Inventory

For the Healthcare Plans subindustry, Zhejiang Chemsyn Pharm 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.


Zhejiang Chemsyn Pharm Co's Days Inventory Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Zhejiang Chemsyn Pharm Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Chemsyn Pharm Co's Days Inventory falls into.



Zhejiang Chemsyn Pharm Co Days Inventory Calculation

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

Zhejiang Chemsyn Pharm 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
=( (31.109 + 28.593) / 2 ) / 101.817*365
=29.851 / 101.817*365
=107.01

Zhejiang Chemsyn Pharm 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
=( (28.593 + 29.701) / 2 ) / 20.496*365 / 4
=29.147 / 20.496*365 / 4
=129.77

* 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.


Zhejiang Chemsyn Pharm Co  (BJSE:870656) 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.

Zhejiang Chemsyn Pharm 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.

Zhejiang Chemsyn Pharm 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.


Zhejiang Chemsyn Pharm Co Days Inventory Related Terms

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


Zhejiang Chemsyn Pharm Co (BJSE:870656) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Huayang Road, No. 36, High-tech Industrial Park, Zhejiang Province, Quzhou City, CHN
Zhejiang Chemsyn Pharm Co Ltd is engaged in research& development, production and sales of veterinary raw materials, pharmaceutical raw materials and intermediates. Its products category includes API, Sulfa API, Intermediates. It also includes N-Acetylsulfanilyl Chloride, Sulfanilamide, Sulfachloropyridazine Sodium, Sulfachloropyrazine Sodium.

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