Universe Pharmaceuticals (Universe Pharmaceuticals) Days Inventory : 58.70 (As of Sep. 2023)

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What is Universe Pharmaceuticals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Universe Pharmaceuticals's Average Total Inventories for the six months ended in Sep. 2023 was $3.11 Mil. Universe Pharmaceuticals's Cost of Goods Sold for the six months ended in Sep. 2023 was $9.66 Mil. Hence, Universe Pharmaceuticals's Days Inventory for the six months ended in Sep. 2023 was 58.70.

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

UPC' s Days Inventory Range Over the Past 10 Years
Min: 35.19 Med: 48.18 Max: 196.21
Current: 46.56

During the past 6 years, Universe Pharmaceuticals's highest Days Inventory was 196.21. The lowest was 35.19. And the median was 48.18.

UPC's Days Inventory is ranked better than
94.23% of 971 companies
in the Drug Manufacturers industry
Industry Median: 159.35 vs UPC: 46.56

Universe Pharmaceuticals's Days Inventory declined from Sep. 2022 (65.37) to Sep. 2023 (58.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Universe Pharmaceuticals's Inventory Turnover for the six months ended in Sep. 2023 was 3.11.

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. Universe Pharmaceuticals's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.22.

Universe Pharmaceuticals Days Inventory Historical Data

The historical data trend for Universe 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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Universe Pharmaceuticals Days Inventory Chart

Universe Pharmaceuticals Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

98.84

49.67

35.19

46.68

46.04

Universe Pharmaceuticals Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial						65.06	51.09	65.37	37.52	58.70

Competitive Comparison of Universe Pharmaceuticals's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Universe 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.

Universe Pharmaceuticals's Days Inventory Distribution in the Drug Manufacturers Industry

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

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

Universe Pharmaceuticals Days Inventory Calculation

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

Universe Pharmaceuticals's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (2.206	+	3.343)	/	2 )	/	21.994	*	365
=	2.7745					/	21.994	*	365
=	46.04

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

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.868	+	3.343)	/	2 )	/	9.655	*	365 / 2
=	3.1055					/	9.655	*	365 / 2
=	58.70

Universe Pharmaceuticals (NAS:UPC) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.655	/	3.1055
	=	3.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.1055	/	13.842
	=	0.22

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.

Universe Pharmaceuticals Days Inventory Related Terms

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

Universe Pharmaceuticals (Universe Pharmaceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Universe Pharmaceuticals Inc (NAS:UPC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Jingjiu Avenue, Economic & Technological Development Zone, Jinggangshan, Jiangxi, Ji’an, CHN

Website

http://www.universe-pharmacy.com

Universe Pharmaceuticals Inc is a pharmaceutical company specializing in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the ageing process and promoting their general well-being. The company also sells biomedical drugs medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Its products are under two categories namely treatment and relief for common chronic health conditions in the elderly designed to achieve physical wellness and longevity (Chronic Condition Treatments), and cold and flu medications.