JD Health International (HKSE:06618) Days Inventory : 44.93 (As of Dec. 2023)

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What is JD Health International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JD Health International's Average Total Inventories for the six months ended in Dec. 2023 was HK$5,590 Mil. JD Health International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$22,704 Mil. Hence, JD Health International's Days Inventory for the six months ended in Dec. 2023 was 44.93.

The historical rank and industry rank for JD Health International's Days Inventory or its related term are showing as below:

HKSE:06618' s Days Inventory Range Over the Past 10 Years
Min: 36.67 Med: 49.09 Max: 77.33
Current: 47.72

During the past 7 years, JD Health International's highest Days Inventory was 77.33. The lowest was 36.67. And the median was 49.09.

HKSE:06618's Days Inventory is ranked worse than
63.19% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.7 vs HKSE:06618: 47.72

JD Health International's Days Inventory increased from Dec. 2022 (42.53) to Dec. 2023 (44.93). It might indicate that JD Health International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. JD Health International's Inventory Turnover for the six months ended in Dec. 2023 was 4.06.

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. JD Health International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.19.

JD Health International Days Inventory Historical Data

The historical data trend for JD Health International'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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JD Health International Days Inventory Chart

JD Health International Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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54.93

37.00

36.67

46.22

49.09

JD Health International Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							40.51	39.27	42.53	49.14	44.93

Competitive Comparison of JD Health International's Days Inventory

For the Medical Care Facilities subindustry, JD Health International'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.

JD Health International's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where JD Health International's Days Inventory falls into.

JD Health International Days Inventory Calculation

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

JD Health International'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
=	( (6696.122	+	5561.4)	/	2 )	/	45571.865	*	365
=	6128.761					/	45571.865	*	365
=	49.09

JD Health International'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5617.931	+	5561.4)	/	2 )	/	22703.862	*	365 / 2
=	5589.6655					/	22703.862	*	365 / 2
=	44.93

JD Health International (HKSE:06618) 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.

JD Health International's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22703.862	/	5589.6655
	=	4.06

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.

JD Health International's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5589.6655	/	28897.206
	=	0.19

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.

JD Health International Days Inventory Related Terms

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

JD Health International (HKSE:06618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » JD Health International Inc (HKSE:06618) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JDHIY:USA JDHIF:USA 8ZN:Germany

Address

No. 20 Kechuang 11 Street, Block C, Building 2, Jingdong Headquarters, Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://ir.jdhealth.com

JD Health is the largest healthcare e-commerce platform in China in terms of revenue. The company offers pharmaceutical drugs and healthcare products on its platform, both as a marketplace that connects merchants to consumers and as a first-party, or 1P, direct retailer. It also offers online consultation from real life doctors and separately partners with offline pharmacies that can provide location-based 24/7 delivery as part of an omnichannel initiative to complement its core e-commerce business. Its closest competitors are Alibaba Health, Ping An Good Doctor, and Meituan for its e-commerce business. As of Dec. 31, 2022, the platform has 154.3 million active annual users and over 70,000 merchants. JD Health is 67.49% owned by its parent company, JD.com.

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