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Honliv Healthcare Management Group Co (HKSE:09906) Days Inventory : 14.38 (As of Dec. 2023)


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What is Honliv Healthcare Management Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Honliv Healthcare Management Group Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$27.2 Mil. Honliv Healthcare Management Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$344.7 Mil. Hence, Honliv Healthcare Management Group Co's Days Inventory for the six months ended in Dec. 2023 was 14.38.

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

HKSE:09906' s Days Inventory Range Over the Past 10 Years
Min: 14.28   Med: 18.35   Max: 20.97
Current: 15.76

During the past 7 years, Honliv Healthcare Management Group Co's highest Days Inventory was 20.97. The lowest was 14.28. And the median was 18.35.

HKSE:09906's Days Inventory is ranked better than
71.95% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 32.66 vs HKSE:09906: 15.76

Honliv Healthcare Management Group Co's Days Inventory declined from Dec. 2022 (14.56) to Dec. 2023 (14.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Honliv Healthcare Management Group Co's Inventory Turnover for the six months ended in Dec. 2023 was 12.70.

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. Honliv Healthcare Management Group Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.06.


Honliv Healthcare Management Group Co Days Inventory Historical Data

The historical data trend for Honliv Healthcare Management Group 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.

* Premium members only.

Honliv Healthcare Management Group Co Days Inventory Chart

Honliv Healthcare Management Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 20.97 20.03 18.26 18.35 18.37

Honliv Healthcare Management Group Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.03 14.28 14.56 14.55 14.38

Competitive Comparison of Honliv Healthcare Management Group Co's Days Inventory

For the Medical Care Facilities subindustry, Honliv Healthcare Management Group 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.


Honliv Healthcare Management Group Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Honliv Healthcare Management Group Co's Days Inventory falls into.



Honliv Healthcare Management Group Co Days Inventory Calculation

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

Honliv Healthcare Management Group 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
=( (32.943 + 34.838) / 2 ) / 673.421*365
=33.8905 / 673.421*365
=18.37

Honliv Healthcare Management Group 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
=( (19.468 + 34.838) / 2 ) / 344.722*365 / 2
=27.153 / 344.722*365 / 2
=14.38

* 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.


Honliv Healthcare Management Group Co  (HKSE:09906) 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.

Honliv Healthcare Management Group Co's Inventory Turnover for the six months ended in Dec. 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.

Honliv Healthcare Management Group Co's Inventory to Revenue for the six months ended in Dec. 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.


Honliv Healthcare Management Group Co Days Inventory Related Terms

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


Honliv Healthcare Management Group Co (HKSE:09906) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Bo Ai Road (South), Changyuan County, Henan Province, Xinxiang, CHN
Honliv Healthcare Management Group Co Ltd is engaged in providing comprehensive medical services and pharmaceutical services to the society in Mainland China. It generates revenue from Outpatient and Inpatient healthcare services.
Executives
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Hwabao Trust Co., Ltd 2301 Trustee
Zhang Yuan Shi Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Rubrical Investment Limited 2501 Other
Sunny Rock Capital Limited 2101 Beneficial owner
Cao Jinming 2202 Interest of your spouse
Qin Hongchao 2501 Other
Qin Yan 2201 Interest of corporation controlled by you
Sun Mingyan 2202 Interest of your spouse

Honliv Healthcare Management Group Co (HKSE:09906) Headlines

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