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Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Days Inventory : 91.54 (As of Mar. 2024)


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What is Luoxin Pharmaceuticals Group Stock Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luoxin Pharmaceuticals Group Stock Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥438 Mil. Luoxin Pharmaceuticals Group Stock Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥436 Mil. Hence, Luoxin Pharmaceuticals Group Stock Co's Days Inventory for the three months ended in Mar. 2024 was 91.54.

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

SZSE:002793' s Days Inventory Range Over the Past 10 Years
Min: 76.66   Med: 93.34   Max: 163.92
Current: 141.6

During the past 13 years, Luoxin Pharmaceuticals Group Stock Co's highest Days Inventory was 163.92. The lowest was 76.66. And the median was 93.34.

SZSE:002793's Days Inventory is ranked better than
58.25% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.79 vs SZSE:002793: 141.60

Luoxin Pharmaceuticals Group Stock Co's Days Inventory declined from Mar. 2023 (162.36) to Mar. 2024 (91.54).

Inventory Turnover measures how fast the company turns over its inventory within a year. Luoxin Pharmaceuticals Group Stock Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.

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. Luoxin Pharmaceuticals Group Stock Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Luoxin Pharmaceuticals Group Stock Co Days Inventory Historical Data

The historical data trend for Luoxin Pharmaceuticals Group Stock 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.

Luoxin Pharmaceuticals Group Stock Co Days Inventory Chart

Luoxin Pharmaceuticals Group Stock 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 96.47 89.58 76.66 96.80 163.92

Luoxin Pharmaceuticals Group Stock 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 162.36 176.47 174.51 153.01 91.54

Competitive Comparison of Luoxin Pharmaceuticals Group Stock Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Luoxin Pharmaceuticals Group Stock 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.


Luoxin Pharmaceuticals Group Stock Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Luoxin Pharmaceuticals Group Stock Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Luoxin Pharmaceuticals Group Stock Co's Days Inventory falls into.



Luoxin Pharmaceuticals Group Stock Co Days Inventory Calculation

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

Luoxin Pharmaceuticals Group Stock 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
=( (684.986 + 455.611) / 2 ) / 1269.917*365
=570.2985 / 1269.917*365
=163.92

Luoxin Pharmaceuticals Group Stock 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
=( (455.611 + 419.729) / 2 ) / 436.305*365 / 4
=437.67 / 436.305*365 / 4
=91.54

* 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.


Luoxin Pharmaceuticals Group Stock Co  (SZSE:002793) 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.

Luoxin Pharmaceuticals Group Stock 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.

Luoxin Pharmaceuticals Group Stock 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.


Luoxin Pharmaceuticals Group Stock Co Days Inventory Related Terms

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


Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Business Description

Traded in Other Exchanges
N/A
Address
85 Faraday Road, Floor 1-3, Building 1, Building 2, Pilot Free Trade Zone, Shanghai, CHN, 201203
Luoxin Pharmaceuticals Group Stock Co Ltd is a pharmaceutical enterprise engaged in research and development, production, and trade of new drugs. It manufactures drugs for various diseases including tumor, respiratory, gastrointestinal, endocrine, cardiovascular, nervous system, antimicrobial infection, among others.
Executives
Ye Bang Mi Supervisors
Fang Xiu Bao Directors, executives
Zhu Fu Lin Directors, executives
Chen Li Supervisors
Yao Liang Directors, executives

Luoxin Pharmaceuticals Group Stock Co (SZSE:002793) Headlines

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