Alibaba Health Information Technology (Alibaba Health Information Technology) Change In Inventory : $-33 Mil (TTM As of Sep. 2023)

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What is Alibaba Health Information Technology Change In Inventory?

Alibaba Health Information Technology's change in inventory for the quarter that ended in Sep. 2023 was $55 Mil. It means Alibaba Health Information Technology's inventory declined by $55 Mil from Mar. 2023 to Sep. 2023 .

Alibaba Health Information Technology's change in inventory for the fiscal year that ended in Mar. 2023 was $-103 Mil. It means Alibaba Health Information Technology's inventory increased by $103 Mil from Mar. 2022 to Mar. 2023 .

Alibaba Health Information Technology's Total Inventories for the quarter that ended in Sep. 2023 was $237 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alibaba Health Information Technology's Days Inventory for the quarter that ended in Sep. 2023 was 35.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alibaba Health Information Technology's Inventory Turnover for the quarter that ended in Sep. 2023 was 5.10.

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. Alibaba Health Information Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.15.

Alibaba Health Information Technology Change In Inventory Historical Data

The historical data trend for Alibaba Health Information Technology's Change In 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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Alibaba Health Information Technology Change In Inventory Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-21.08

-91.01

-43.59

-20.36

-103.28

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-48.77	29.27	-15.15	-87.85	55.26

Alibaba Health Information Technology Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-33 Mil.

Alibaba Health Information Technology (OTCPK:ALBHF) Change In Inventory Explanation

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

Alibaba Health Information Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	270.8665	/	1382.224	*	365 / 2
	=	35.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Alibaba Health Information Technology's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1382.224	/	270.8665
	=	5.10

3. 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.

Alibaba Health Information Technology's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	270.8665	/	1775.305
	=	0.15

Alibaba Health Information Technology Change In Inventory Related Terms

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Alibaba Health Information Technology (Alibaba Health Information Technology) Business Description

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ALBBY:USA 00241:Hong Kong TWYA:Germany TWY:Germany TWY:Germany

Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.