Biosino Bio-Technology and Science (HKSE:08247) Days Inventory : 103.94 (As of Dec. 2023)

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What is Biosino Bio-Technology and Science Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Biosino Bio-Technology and Science's Average Total Inventories for the three months ended in Dec. 2023 was HK$66.1 Mil. Biosino Bio-Technology and Science's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$58.0 Mil. Hence, Biosino Bio-Technology and Science's Days Inventory for the three months ended in Dec. 2023 was 103.94.

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

HKSE:08247' s Days Inventory Range Over the Past 10 Years
Min: 92.93 Med: 107.8 Max: 136.21
Current: 136.21

During the past 13 years, Biosino Bio-Technology and Science's highest Days Inventory was 136.21. The lowest was 92.93. And the median was 107.80.

HKSE:08247's Days Inventory is ranked worse than
73.94% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs HKSE:08247: 136.21

Biosino Bio-Technology and Science's Days Inventory increased from Dec. 2022 (75.63) to Dec. 2023 (103.94). It might indicate that Biosino Bio-Technology and Science's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Biosino Bio-Technology and Science's Inventory Turnover for the three months ended in Dec. 2023 was 0.88.

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. Biosino Bio-Technology and Science's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.

Biosino Bio-Technology and Science Days Inventory Historical Data

The historical data trend for Biosino Bio-Technology and Science'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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Biosino Bio-Technology and Science Days Inventory Chart

Biosino Bio-Technology and Science Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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92.93

100.92

110.17

97.59

132.11

Biosino Bio-Technology and Science Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															75.63	126.77	178.09	167.09	103.94

Competitive Comparison of Biosino Bio-Technology and Science's Days Inventory

For the Diagnostics & Research subindustry, Biosino Bio-Technology and Science'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.

Biosino Bio-Technology and Science's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Biosino Bio-Technology and Science's Days Inventory distribution charts can be found below:

* The bar in red indicates where Biosino Bio-Technology and Science's Days Inventory falls into.

Biosino Bio-Technology and Science Days Inventory Calculation

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

Biosino Bio-Technology and Science'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
=	( (61.962	+	66.075)	/	2 )	/	176.873	*	365
=	64.0185					/	176.873	*	365
=	132.11

Biosino Bio-Technology and Science's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	66.075)	/	1 )	/	58.01	*	365 / 4
=	66.075					/	58.01	*	365 / 4
=	103.94

Biosino Bio-Technology and Science (HKSE:08247) 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.

Biosino Bio-Technology and Science's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	58.01	/	66.075
	=	0.88

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.

Biosino Bio-Technology and Science's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.075	/	85.871
	=	0.77

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.

Biosino Bio-Technology and Science Days Inventory Related Terms

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

Biosino Bio-Technology and Science (HKSE:08247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Biosino Bio-Technology and Science Inc (HKSE:08247) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27 Chaoqian Road, Science and Technology Industrial Park, Changping District, Beijing, CHN, 102200

Website

http://www.zhongsheng.com.cn

Biosino Bio-Technology and Science Inc is engaged in the manufacture, sale, and distribution of in-vitro diagnostic (IVD) reagent products. the company's revenue is generated from customers located in Mainland China.

Executives

Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2101 Beneficial owner
Hk Zhixin Investment Co., Ltd.	2101 Beneficial owner
Li Dongfeng	2201 Interest of corporation controlled by you
Yan Kang	2201 Interest of corporation controlled by you
Qiu Zhe Feng	2201 Interest of corporation controlled by you
Hai Nan Zhi Xin Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Yun Nan Sheng Neng Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Li Yang Yi Xiong	2201 Interest of corporation controlled by you

Biosino Bio-Technology and Science (HKSE:08247) Headlines

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