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Sangani Hospitals (NSE:SANGANI) Days Inventory : 25.29 (As of Mar. 2023)


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What is Sangani Hospitals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sangani Hospitals's Average Total Inventories for the six months ended in Mar. 2023 was ₹5.3 Mil. Sangani Hospitals's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹76.3 Mil. Hence, Sangani Hospitals's Days Inventory for the six months ended in Mar. 2023 was 12.65.

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

NSE:SANGANI' s Days Inventory Range Over the Past 10 Years
Min: 22.05   Med: 25.42   Max: 26.79
Current: 25.29

During the past 4 years, Sangani Hospitals's highest Days Inventory was 26.79. The lowest was 22.05. And the median was 25.42.

NSE:SANGANI's Days Inventory is ranked better than
58.64% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs NSE:SANGANI: 25.29

Sangani Hospitals's Days Inventory declined from Mar. 2021 (25.54) to Mar. 2023 (25.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sangani Hospitals's Inventory Turnover for the six months ended in Mar. 2023 was 14.43.

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. Sangani Hospitals's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.03.


Sangani Hospitals Days Inventory Historical Data

The historical data trend for Sangani Hospitals'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.

Sangani Hospitals Days Inventory Chart

Sangani Hospitals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
22.05 25.54 26.79 25.29

Sangani Hospitals Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Days Inventory 22.05 25.54 26.79 25.29

Competitive Comparison of Sangani Hospitals's Days Inventory

For the Medical Care Facilities subindustry, Sangani Hospitals'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.


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

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

* The bar in red indicates where Sangani Hospitals's Days Inventory falls into.



Sangani Hospitals Days Inventory Calculation

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

Sangani Hospitals'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
=( (4.736 + 5.838) / 2 ) / 76.291*365
=5.287 / 76.291*365
=25.29

Sangani Hospitals'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
=( (4.736 + 5.838) / 2 ) / 76.291*365 / 2
=5.287 / 76.291*365 / 2
=12.65

* 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.


Sangani Hospitals  (NSE:SANGANI) 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.

Sangani Hospitals's Inventory Turnover for the six months ended in Mar. 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.

Sangani Hospitals's Inventory to Revenue for the six months ended in Mar. 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.


Sangani Hospitals Days Inventory Related Terms

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


Sangani Hospitals (NSE:SANGANI) Business Description

Traded in Other Exchanges
N/A
Address
Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

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