Yunkang Group (HKSE:02325) Days Inventory : 12.53 (As of Dec. 2023)

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What is Yunkang Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yunkang Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$20.3 Mil. Yunkang Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$295.9 Mil. Hence, Yunkang Group's Days Inventory for the six months ended in Dec. 2023 was 12.53.

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

HKSE:02325' s Days Inventory Range Over the Past 10 Years
Min: 6.49 Med: 15.37 Max: 19.42
Current: 17.06

During the past 6 years, Yunkang Group's highest Days Inventory was 19.42. The lowest was 6.49. And the median was 15.37.

HKSE:02325's Days Inventory is ranked better than
89.36% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs HKSE:02325: 17.06

Yunkang Group's Days Inventory increased from Dec. 2022 (6.32) to Dec. 2023 (12.53). It might indicate that Yunkang Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yunkang Group's Inventory Turnover for the six months ended in Dec. 2023 was 14.57.

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. Yunkang Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Yunkang Group Days Inventory Historical Data

The historical data trend for Yunkang Group'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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Yunkang Group Days Inventory Chart

Yunkang Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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15.76

13.00

14.98

6.49

19.42

Yunkang Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				17.88	14.77	6.32	18.95	12.53

Competitive Comparison of Yunkang Group's Days Inventory

For the Diagnostics & Research subindustry, Yunkang Group'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.

Yunkang Group's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Yunkang Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yunkang Group's Days Inventory falls into.

Yunkang Group Days Inventory Calculation

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

Yunkang Group'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
=	( (46.139	+	19.711)	/	2 )	/	618.766	*	365
=	32.925					/	618.766	*	365
=	19.42

Yunkang Group'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
=	( (20.914	+	19.711)	/	2 )	/	295.882	*	365 / 2
=	20.3125					/	295.882	*	365 / 2
=	12.53

Yunkang Group (HKSE:02325) 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.

Yunkang Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	295.882	/	20.3125
	=	14.57

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.

Yunkang Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.3125	/	453.519
	=	0.04

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.

Yunkang Group Days Inventory Related Terms

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

Yunkang Group (HKSE:02325) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Yunkang Group Ltd (HKSE:02325) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Lizhishan Road, Science City, Huangpu District, Guangzhou, CHN

Website

http://www.yunkanghealth.com

Yunkang Group Ltd is a medical operation service provider in China. The company has three major business lines namely covering diagnostic testing services for medical consortia, diagnostic outsourcing services, and non-medical institutions.

Executives

Huizekx Limited	2201 Interest of corporation controlled by you
Yk Development Limited	2101 Beneficial owner
Zhang Yong	2201 Interest of corporation controlled by you
Shanghai Pudong Development Bank Co., Ltd	2201 Interest of corporation controlled by you
Zhou Xinyu
Guang Zhou Da An Ji Yin Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Da An Guo Ji Ji Tuan You Xian Gong Si	2101 Beneficial owner
Guang Zhou Shi Da An Ji Yin Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Jun Ying Limited	2201 Interest of corporation controlled by you
Mouduans Limited	2201 Interest of corporation controlled by you
Source Capital Rw Limited	2201 Interest of corporation controlled by you
Tongfuzc Limited	2201 Interest of corporation controlled by you
Wjjr Investment Limited	2201 Interest of corporation controlled by you

Yunkang Group (HKSE:02325) Headlines

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