Medlive Technology Co (HKSE:02192) Days Inventory : 0.30 (As of Dec. 2023)

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What is Medlive Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medlive Technology Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$0.2 Mil. Medlive Technology Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$101.1 Mil. Hence, Medlive Technology Co's Days Inventory for the six months ended in Dec. 2023 was 0.30.

The historical rank and industry rank for Medlive Technology Co's Days Inventory or its related term are showing as below:

HKSE:02192' s Days Inventory Range Over the Past 10 Years
Min: 0.34 Med: 0.41 Max: 0.54
Current: 0.39

During the past 6 years, Medlive Technology Co's highest Days Inventory was 0.54. The lowest was 0.34. And the median was 0.41.

HKSE:02192's Days Inventory is ranked better than
98.94% of 94 companies
in the Medical Distribution industry
Industry Median: 61.46 vs HKSE:02192: 0.39

Medlive Technology Co's Days Inventory declined from Dec. 2022 (0.63) to Dec. 2023 (0.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Medlive Technology Co's Inventory Turnover for the six months ended in Dec. 2023 was 599.70.

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. Medlive Technology Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Medlive Technology Co Days Inventory Historical Data

The historical data trend for Medlive Technology Co'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.

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Medlive Technology Co Days Inventory Chart

Medlive Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

0.41

0.54

0.34

Medlive Technology Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					0.36	0.69	0.63	0.55	0.30

Competitive Comparison of Medlive Technology Co's Days Inventory

For the Medical Distribution subindustry, Medlive Technology Co'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.

Medlive Technology Co's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medlive Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Medlive Technology Co's Days Inventory falls into.

Medlive Technology Co Days Inventory Calculation

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

Medlive Technology Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.222	+	0.108)	/	2 )	/	175.736	*	365
=	0.165					/	175.736	*	365
=	0.34

Medlive Technology Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.229	+	0.108)	/	2 )	/	101.05	*	365 / 2
=	0.1685					/	101.05	*	365 / 2
=	0.30

Medlive Technology Co (HKSE:02192) 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.

Medlive Technology Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	101.05	/	0.1685
	=	599.70

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.

Medlive Technology Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1685	/	260.864
	=	0.00

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.

Medlive Technology Co Days Inventory Related Terms

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

Medlive Technology Co (HKSE:02192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medlive Technology Co Ltd (HKSE:02192) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Baijialou Chaoyang North Road, E1 Red Manor International Bonded Innovation Park, Chaoyang District, Beijing, CHN

Website

https://www.medlive.cn

Medlive is a digital healthcare marketing company that produces customized content for pharmaceutical and medical device firms to specifically target physicians through different promotional channels. The company uses in-house and third-party content teams to produce advertising for its clients by profiling the user preferences of the physicians on the platform who drive procurement and prescription decisions. Its platform also provides medical content consisting of third-party research, informal discussions, and medical news articles. The company also operates a minor internet hospital and SaaS solution that help with medical conferences and clinical research. M3, Japan's leading digital healthcare marketing company owns 38.8% of Medlive through a joint venture.

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