The historical rank and industry rank for Medipal Holdings's Days Inventory or its related term are showing as below:
TSE:7459'
s Days Inventory Range Over the Past 10 Years
Min: 17.97 Med: 18.65 Max: 20.56
Current: 20.56
During the past 13 years, Medipal Holdings's highest Days Inventory was 20.56. The lowest was 17.97. And the median was 18.65.
TSE:7459's Days Inventory is ranked better than 90.43% of 94
companies
in the Medical Distribution industry
Industry Median: 62.15
vs TSE:7459: 20.56
Medipal Holdings's Days Inventory
increased
from Dec. 2022 (19.62) to Dec. 2023 (20.07).
It might indicate that Medipal Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Medipal Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.55.
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.
Medipal Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.20.
Medipal Holdings Days Inventory Historical Data
The historical data trend for Medipal Holdings'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.
Competitive Comparison of Medipal Holdings's Days Inventory
For the Medical Distribution subindustry, Medipal Holdings'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.
Medipal Holdings's Days Inventory Distribution in the Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Medipal Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Medipal Holdings's Days Inventory falls into.
Medipal Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Medipal Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 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.
Medipal Holdings (TSE:7459) 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.
Medipal Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Medipal Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Medipal Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Medipal Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Medipal Holdings Corp distributes pharmaceuticals and health and beauty products to medical institutions and retailers. The firm operates in three segments: prescription pharmaceutical wholesale; cosmetics, daily necessities, and OTC pharmaceutical wholesale; and animal health products wholesale. The prescription pharmaceutical business generates the majority of revenue and distributes products to hospitals, clinics, and pharmacies. The cosmetics, daily necessities, and OTC pharmaceutical businesses distribute products to drugstores, convenience stores, and supermarkets. The animal health segment conducts wholesale business for animal hospitals, farms, and agricultural cooperatives. Medipal Holdings generates the vast majority of its revenue in Japan.
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