Artemis Medicare Services (BOM:542919) Change In Inventory : ₹0 Mil (TTM As of Mar. 2024)

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What is Artemis Medicare Services Change In Inventory?

Artemis Medicare Services's change in inventory for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Artemis Medicare Services's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Artemis Medicare Services's change in inventory for the fiscal year that ended in Mar. 2024 was ₹39 Mil. It means Artemis Medicare Services's inventory declined by ₹39 Mil from Mar. 2023 to Mar. 2024 .

Artemis Medicare Services's Total Inventories for the quarter that ended in Mar. 2024 was ₹101 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artemis Medicare Services's Days Inventory for the quarter that ended in Mar. 2024 was 3.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artemis Medicare Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 26.60.

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. Artemis Medicare Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Artemis Medicare Services Change In Inventory Historical Data

The historical data trend for Artemis Medicare Services'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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Artemis Medicare Services Change In Inventory Chart

Artemis Medicare Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-38.16

11.29

-27.73

-15.94

39.08

Artemis Medicare Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Artemis Medicare Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Artemis Medicare Services (BOM:542919) Change In Inventory Explanation

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

Artemis Medicare Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	50.4135	/	1341.083	*	365 / 4
	=	3.43

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

Artemis Medicare Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1341.083	/	50.4135
	=	26.60

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.

Artemis Medicare Services's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.4135	/	2252.407
	=	0.02

Artemis Medicare Services Change In Inventory Related Terms

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Artemis Medicare Services (BOM:542919) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Artemis Medicare Services Ltd (BOM:542919) » Definitions » Change In Inventory

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Address

Artemis Hospital, Sector 51, Gurugram, HR, IND, 122001

Website

https://www.artemishospitals.com

Artemis Medicare Services Ltd is engaged in managing and operating multi-specialty hospitals. The hospital provides treatments for Allergy and Immunology, Blood (Haematology), Bones, Muscles and Joints (Orthopaedics), Brain, Spine and Nervous System, Cancer (Oncology), Circulatory (Vascular), Digestive (Gastroenterology), Endocrine, Diabetes And Metabolism, Dermatology, Heart (Cardiology), Infectious Diseases, Kidneys (Renal), Lung (Pulmonary), Mouth, Teeth And Face (Oral And Maxillofacial), Obstetrics And Gynecology, Psychiatry, Rheumatology (Arthritis And Joint Disease), Surgery, and Urology. The group derives revenue primarily from offering healthcare services and has a business presence in India and Outside India.

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