CStone Pharmaceuticals (HKSE:02616) Days Inventory : 38.27 (As of Jun. 2023)

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What is CStone Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CStone Pharmaceuticals's Average Total Inventories for the six months ended in Jun. 2023 was HK$24.8 Mil. CStone Pharmaceuticals's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$118.2 Mil. Hence, CStone Pharmaceuticals's Days Inventory for the six months ended in Jun. 2023 was 38.27.

The historical rank and industry rank for CStone Pharmaceuticals's Days Inventory or its related term are showing as below:

HKSE:02616' s Days Inventory Range Over the Past 10 Years
Min: 80.44 Med: 150.4 Max: 209.65
Current: 108.77

During the past 8 years, CStone Pharmaceuticals's highest Days Inventory was 209.65. The lowest was 80.44. And the median was 150.40.

HKSE:02616's Days Inventory is ranked better than
72.15% of 650 companies
in the Biotechnology industry
Industry Median: 191.14 vs HKSE:02616: 108.77

CStone Pharmaceuticals's Days Inventory declined from Jun. 2022 (116.13) to Jun. 2023 (38.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. CStone Pharmaceuticals's Inventory Turnover for the six months ended in Jun. 2023 was 4.77.

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. CStone Pharmaceuticals's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.09.

CStone Pharmaceuticals Days Inventory Historical Data

The historical data trend for CStone Pharmaceuticals'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.

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CStone Pharmaceuticals Days Inventory Chart

CStone Pharmaceuticals Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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209.65

80.44

150.40

CStone Pharmaceuticals Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									109.94	116.13	65.18	38.27	-

Competitive Comparison of CStone Pharmaceuticals's Days Inventory

For the Biotechnology subindustry, CStone Pharmaceuticals'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.

CStone Pharmaceuticals's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, CStone Pharmaceuticals's Days Inventory distribution charts can be found below:

* The bar in red indicates where CStone Pharmaceuticals's Days Inventory falls into.

CStone Pharmaceuticals Days Inventory Calculation

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

CStone Pharmaceuticals'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
=	( (24.778	+	119.034)	/	2 )	/	174.51	*	365
=	71.906					/	174.51	*	365
=	150.40

CStone Pharmaceuticals's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (24.778	+	0)	/	1 )	/	118.169	*	365 / 2
=	24.778					/	118.169	*	365 / 2
=	38.27

CStone Pharmaceuticals (HKSE:02616) 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.

CStone Pharmaceuticals's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	118.169	/	24.778
	=	4.77

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.

CStone Pharmaceuticals's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.778	/	285.995
	=	0.09

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.

CStone Pharmaceuticals Days Inventory Related Terms

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

CStone Pharmaceuticals (HKSE:02616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CStone Pharmaceuticals (HKSE:02616) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CSPHF:USA PH4:Germany

Address

218 Xinghu Street, C1 Building, North Block, Suzhou Industrial Park, Shanghai, CHN, 215123

Website

https://www.cstonepharma.com

CStone Pharmaceuticals is engaged in the development and commercialization of innovative tumor immunotherapy and molecular-targeted drugs. It has been operating in one reportable segment, the research and development of complex biopharmaceutical products.

CStone Pharmaceuticals (HKSE:02616) Headlines

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