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Dali Pharmaceutical Co (SHSE:603963) Days Inventory : 421.02 (As of Mar. 2024)


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What is Dali Pharmaceutical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dali Pharmaceutical Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥62.44 Mil. Dali Pharmaceutical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥13.53 Mil. Hence, Dali Pharmaceutical Co's Days Inventory for the three months ended in Mar. 2024 was 421.02.

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

SHSE:603963' s Days Inventory Range Over the Past 10 Years
Min: 132.76   Med: 320.33   Max: 421.92
Current: 346.15

During the past 12 years, Dali Pharmaceutical Co's highest Days Inventory was 421.92. The lowest was 132.76. And the median was 320.33.

SHSE:603963's Days Inventory is ranked worse than
87.94% of 970 companies
in the Drug Manufacturers industry
Industry Median: 159.275 vs SHSE:603963: 346.15

Dali Pharmaceutical Co's Days Inventory increased from Mar. 2023 (153.19) to Mar. 2024 (421.02). It might indicate that Dali Pharmaceutical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dali Pharmaceutical Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Dali Pharmaceutical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.08.


Dali Pharmaceutical Co Days Inventory Historical Data

The historical data trend for Dali Pharmaceutical 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.

Dali Pharmaceutical Co Days Inventory Chart

Dali Pharmaceutical 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 315.33 403.08 378.69 165.62 325.32

Dali Pharmaceutical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 153.19 194.09 395.57 395.22 421.02

Competitive Comparison of Dali Pharmaceutical Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Dali Pharmaceutical 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.


Dali Pharmaceutical Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dali Pharmaceutical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dali Pharmaceutical Co's Days Inventory falls into.



Dali Pharmaceutical Co Days Inventory Calculation

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

Dali Pharmaceutical 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
=( (27.021 + 63.842) / 2 ) / 50.973*365
=45.4315 / 50.973*365
=325.32

Dali Pharmaceutical 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
=( (63.842 + 61.029) / 2 ) / 13.532*365 / 4
=62.4355 / 13.532*365 / 4
=421.02

* 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.


Dali Pharmaceutical Co  (SHSE:603963) 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.

Dali Pharmaceutical 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.

Dali Pharmaceutical 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.


Dali Pharmaceutical Co Days Inventory Related Terms

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


Dali Pharmaceutical Co (SHSE:603963) Business Description

Traded in Other Exchanges
N/A
Address
No. 118, Huancheng West Road, Yunnan Province, Xiaguan Town, Dali, CHN, 671000
Dali Pharmaceutical Co Ltd operates in the pharmaceutical manufacturing industry. It is engaged in the research and development and production of Chinese and Western medicine injection products. The company's main products are Zhongjing Brand Xingnaojing Injection, Shenmai Injection, Astragalus Injection, Brighten A Injection and Cell Diphosphocholine injection.
Executives
Wu Pei Rong senior management
Yang Jun Xiang Directors, senior managers
Yang Jun Wei Director

Dali Pharmaceutical Co (SHSE:603963) Headlines

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