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DIH Holding US (DIH Holding US) Days Inventory : 109.22 (As of Mar. 2023)


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What is DIH Holding US Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DIH Holding US's Average Total Inventories for the six months ended in Mar. 2023 was $5.46 Mil. DIH Holding US's Cost of Goods Sold for the six months ended in Mar. 2023 was $20.46 Mil. Hence, DIH Holding US's Days Inventory for the six months ended in Mar. 2023 was 48.68.

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

DHAI' s Days Inventory Range Over the Past 10 Years
Min: 72.09   Med: 84.73   Max: 97.36
Current: 97.36

During the past 2 years, DIH Holding US's highest Days Inventory was 97.36. The lowest was 72.09. And the median was 84.73.

DHAI's Days Inventory is ranked better than
84.34% of 779 companies
in the Medical Devices & Instruments industry
Industry Median: 192.74 vs DHAI: 97.36

DIH Holding US's Days Inventory increased from . 20 (0.00) to Mar. 2023 (109.22). It might indicate that DIH Holding US's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. DIH Holding US's Inventory Turnover for the six months ended in Mar. 2023 was 3.75.

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. DIH Holding US's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.10.

DIH Holding US Days Inventory Historical Data

The historical data trend for DIH Holding US'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.

* Premium members only.

DIH Holding US Days Inventory Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
Days Inventory
72.09 97.36

DIH Holding US Semi-Annual Data
Mar22 Mar23
Days Inventory 72.09 109.22

Competitive Comparison of DIH Holding US's Days Inventory

For the Medical Devices subindustry, DIH Holding US'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.

DIH Holding US's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DIH Holding US's Days Inventory distribution charts can be found below:

* The bar in red indicates where DIH Holding US's Days Inventory falls into.


DIH Holding US Days Inventory Calculation

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

DIH Holding US's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (4.792 + 6.121) / 2 ) / 20.456*365
=5.4565 / 20.456*365
=97.36

DIH Holding US's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (4.792 + 6.121) / 2 ) / 20.456*365 / 2
=5.4565 / 20.456*365 / 2
=48.68

* 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.

DIH Holding US  (NAS:DHAI) 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.

DIH Holding US's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=20.456 / 5.4565
=3.75

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.

DIH Holding US's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5.4565 / 54.998
=0.10

* 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.

DIH Holding US Days Inventory Related Terms

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

DIH Holding US (DIH Holding US) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DIH Holding US Inc (NAS:DHAI) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
Website
https://www.dih.com
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines

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