MediNet Group (HKSE:08161) Change In Inventory : HK$0.0 Mil (TTM As of Sep. 2023)

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What is MediNet Group Change In Inventory?

MediNet Group's change in inventory for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means MediNet Group's inventory stayed the same from Jun. 2023 to Sep. 2023 .

MediNet Group's change in inventory for the fiscal year that ended in Mar. 2023 was HK$0.1 Mil. It means MediNet Group's inventory declined by HK$0.1 Mil from Mar. 2022 to Mar. 2023 .

MediNet Group's Total Inventories for the quarter that ended in Sep. 2023 was HK$0.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MediNet Group's Days Inventory for the quarter that ended in Sep. 2023 was 1.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. MediNet Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 57.15.

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. MediNet Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

MediNet Group Change In Inventory Historical Data

The historical data trend for MediNet Group'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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MediNet Group Change In Inventory Chart

MediNet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-0.03

-0.34

0.44

0.16

0.13

MediNet Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MediNet Group 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

MediNet Group (HKSE:08161) Change In Inventory Explanation

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

MediNet Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2635	/	15.058	*	365 / 4
	=	1.60

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

MediNet Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15.058	/	0.2635
	=	57.15

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.

MediNet Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.2635	/	28.956
	=	0.01

MediNet Group Change In Inventory Related Terms

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MediNet Group (HKSE:08161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediNet Group Ltd (HKSE:08161) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

18 Whitfield Road, Causeway Bay, Unit 3601, 36th Floor, Citicorp Centre, Hong Kong, HKG

Website

http://www.medinetgroup.com

MediNet Group Ltd is a provider of corporate healthcare solutions in Hong Kong. The company's operating segment includes Dental business and Medical business. The Dental segment offer dental solutions and dental services by dental clinics owned and operated by the group. Its Medical segment provide outpatient general services and men's health treatments services. It offers services to both plan members and self-paid patient. The company generates revenue by providing Dental business.

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