Healthconn (ROCO:6665) Days Inventory : 57.78 (As of Jun. 2023)

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What is Healthconn Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Healthconn's Average Total Inventories for the six months ended in Jun. 2023 was NT$160 Mil. Healthconn's Cost of Goods Sold for the six months ended in Jun. 2023 was NT$505 Mil. Hence, Healthconn's Days Inventory for the six months ended in Jun. 2023 was 57.78.

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

ROCO:6665' s Days Inventory Range Over the Past 10 Years
Min: 0.76 Med: 36.89 Max: 59.23
Current: 59.23

During the past 9 years, Healthconn's highest Days Inventory was 59.23. The lowest was 0.76. And the median was 36.89.

ROCO:6665's Days Inventory is ranked worse than
83.33% of 6 companies
in the Healthcare Plans industry
Industry Median: 29.02 vs ROCO:6665: 59.23

Healthconn's Days Inventory increased from Jun. 2022 (45.36) to Jun. 2023 (57.78). It might indicate that Healthconn's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthconn's Inventory Turnover for the six months ended in Jun. 2023 was 3.16.

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. Healthconn's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.26.

Healthconn Days Inventory Historical Data

The historical data trend for Healthconn'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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Healthconn Days Inventory Chart

Healthconn Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

38.76

35.02

41.46

39.76

44.33

Healthconn Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial												53.96	44.27	45.36	61.92	57.78

Competitive Comparison of Healthconn's Days Inventory

For the Healthcare Plans subindustry, Healthconn'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.

Healthconn's Days Inventory Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Healthconn's Days Inventory distribution charts can be found below:

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

Healthconn Days Inventory Calculation

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

Healthconn's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (113.774	+	185.661)	/	2 )	/	1232.639	*	365
=	149.7175					/	1232.639	*	365
=	44.33

Healthconn's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (185.661	+	134.41)	/	2 )	/	505.497	*	365 / 2
=	160.0355					/	505.497	*	365 / 2
=	57.78

Healthconn (ROCO:6665) 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.

Healthconn's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	505.497	/	160.0355
	=	3.16

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.

Healthconn's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	160.0355	/	620.665
	=	0.26

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.

Healthconn Days Inventory Related Terms

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

Healthconn (ROCO:6665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Healthconn Corp (ROCO:6665) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.54, Sector 1, Zhongxiao East Road, Zhongzheng District, 5th Floor, Taipei City, TWN, 100

Website

https://www.healthconn.com

Healthconn Corp is a Taiwan-based company engaged in the provisions of healthcare services. The company offers product and services such as personal services and corporate services, health monitoring, and others. In addition, it also provides weight management services.

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