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EC Healthcare (HKSE:02138) Days Inventory : 55.32 (As of Sep. 2023)


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What is EC Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EC Healthcare's Average Total Inventories for the six months ended in Sep. 2023 was HK$101 Mil. EC Healthcare's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$333 Mil. Hence, EC Healthcare's Days Inventory for the six months ended in Sep. 2023 was 55.32.

The historical rank and industry rank for EC Healthcare's Days Inventory or its related term are showing as below:

HKSE:02138' s Days Inventory Range Over the Past 10 Years
Min: 51.75   Med: 73.41   Max: 104.86
Current: 55.92

During the past 9 years, EC Healthcare's highest Days Inventory was 104.86. The lowest was 51.75. And the median was 73.41.

HKSE:02138's Days Inventory is ranked worse than
68.3% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs HKSE:02138: 55.92

EC Healthcare's Days Inventory declined from Sep. 2022 (66.37) to Sep. 2023 (55.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. EC Healthcare's Inventory Turnover for the six months ended in Sep. 2023 was 3.30.

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. EC Healthcare's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.05.


EC Healthcare Days Inventory Historical Data

The historical data trend for EC Healthcare'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.

EC Healthcare Days Inventory Chart

EC Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 67.07 94.55 76.90 73.41 62.05

EC Healthcare Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.68 75.95 66.37 53.74 55.32

Competitive Comparison of EC Healthcare's Days Inventory

For the Medical Care Facilities subindustry, EC Healthcare'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.


EC Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EC Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where EC Healthcare's Days Inventory falls into.



EC Healthcare Days Inventory Calculation

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

EC Healthcare'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
=( (101.098 + 86.891) / 2 ) / 552.953*365
=93.9945 / 552.953*365
=62.05

EC Healthcare's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (86.891 + 114.735) / 2 ) / 332.559*365 / 2
=100.813 / 332.559*365 / 2
=55.32

* 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.


EC Healthcare  (HKSE:02138) 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.

EC Healthcare's Inventory Turnover for the six months ended in Sep. 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.

EC Healthcare's Inventory to Revenue for the six months ended in Sep. 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.


EC Healthcare Days Inventory Related Terms

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


EC Healthcare (HKSE:02138) Business Description

Traded in Other Exchanges
Address
8 Argyle Street, L50, Langham Place Office Tower, Mong Kok, Hong Kong, HKG
EC Healthcare is a Hong Kong-based non-hospital medical service provider. The principal activities of the group include the provision of medical services; aesthetic medical services, comprising medical aesthetics and dental services; beauty and wellness services, comprising traditional beauty, haircare, and ancillary wellness services; and the sale of skincare, healthcare and beauty products. The group caters to its services through the operating segments of Medical which is the key revenue generator segment and Aesthetic medical, beauty and wellness, and Veterinary and others. Geographically, the group has a business presence in Hong Kong, Macau, and the PRC.

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