Aster DM Healthcare (BOM:540975) Days Inventory : 0.00 (As of Mar. 2024)

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What is Aster DM Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aster DM Healthcare's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,105 Mil. Aster DM Healthcare's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹-20,806 Mil.

The historical rank and industry rank for Aster DM Healthcare's Days Inventory or its related term are showing as below:

BOM:540975' s Days Inventory Range Over the Past 10 Years
Min: 72.49 Med: 105.57 Max: 546.02
Current: 388.54

During the past 10 years, Aster DM Healthcare's highest Days Inventory was 546.02. The lowest was 72.49. And the median was 105.57.

BOM:540975's Days Inventory is ranked worse than
96.8% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 33.01 vs BOM:540975: 388.54

Aster DM Healthcare's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aster DM Healthcare's Inventory Turnover for the three months ended in Mar. 2024 was -18.83.

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.

Aster DM Healthcare Days Inventory Historical Data

The historical data trend for Aster DM Healthcare'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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Aster DM Healthcare Days Inventory Chart

Aster DM Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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120.38

129.00

118.31

546.02

282.19

Aster DM Healthcare 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															-	123.40	143.52	128.45	-

Competitive Comparison of Aster DM Healthcare's Days Inventory

For the Medical Care Facilities subindustry, Aster DM Healthcare'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.

Aster DM Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aster DM Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aster DM Healthcare's Days Inventory falls into.

Aster DM Healthcare Days Inventory Calculation

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

Aster DM Healthcare's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (13056.2	+	1105.2)	/	2 )	/	9158.7	*	365
=	7080.7					/	9158.7	*	365
=	282.19

Aster DM Healthcare'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
=	( (0	+	1105.2)	/	1 )	/	-20805.7	*	365 / 4
=	1105.2					/	-20805.7	*	365 / 4
=	N/A

Aster DM Healthcare (BOM:540975) 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.

Aster DM Healthcare's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-20805.7	/	1105.2
	=	-18.83

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.

Aster DM Healthcare's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1105.2	/	-65437.1
	=

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.

Aster DM Healthcare Days Inventory Related Terms

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

Aster DM Healthcare (BOM:540975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aster DM Healthcare Ltd (BOM:540975) » Definitions » Days Inventory

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ASTERDM:India

Address

33rd Floor, Tower-D, Aspect Towers, Executive Tower at Bay Avenue, P.O. Box 8703, Business Bay, Dubai, ARE

Website

https://www.asterdmhealthcare.com

Aster DM Healthcare Ltd is an India-based company that engages in the provision of healthcare solutions. The company operates in multiple business divisions of the healthcare industry, including hospitals, clinics, and retail pharmacies and provides health care services to patients across economic segments in several GCC states through various brands Aster, Medcare and Access. Its segments are Hospitals, Clinics, Retail pharmacies and others, of which key revenue is derived from the Hospitals segment The company conducts operations in all GCC states, comprising of United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait and Bahrain; India, and UAE.

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