Raffles Medical Group (Raffles Medical Group) Days Inventory : 0.00 (As of Dec. 2023)

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What is Raffles Medical Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raffles Medical Group's Average Total Inventories for the six months ended in Dec. 2023 was $9.5 Mil. Raffles Medical Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $-1.1 Mil.

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

RAFLF' s Days Inventory Range Over the Past 10 Years
Min: 32.18 Med: 38.93 Max: 52.47
Current: 51.68

During the past 13 years, Raffles Medical Group's highest Days Inventory was 52.47. The lowest was 32.18. And the median was 38.93.

RAFLF's Days Inventory is ranked worse than
65.95% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 32.13 vs RAFLF: 51.68

Raffles Medical Group's Days Inventory declined from Dec. 2022 (154.08) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Raffles Medical Group's Inventory Turnover for the six months ended in Dec. 2023 was -0.11.

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

Raffles Medical Group Days Inventory Historical Data

The historical data trend for Raffles Medical 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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Raffles Medical Group Days Inventory Chart

Raffles Medical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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32.02

33.13

36.05

52.24

51.11

Raffles Medical Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															35.67	30.95	154.08	25.75	-

Competitive Comparison of Raffles Medical Group's Days Inventory

For the Medical Care Facilities subindustry, Raffles Medical 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.

Raffles Medical Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

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

Raffles Medical Group Days Inventory Calculation

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

Raffles Medical 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
=	( (9.689	+	9.357)	/	2 )	/	68.006	*	365
=	9.523					/	68.006	*	365
=	51.11

Raffles Medical 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
=	( (9.593	+	9.357)	/	2 )	/	-1.058	*	365 / 2
=	9.475					/	-1.058	*	365 / 2
=	N/A

Raffles Medical Group (OTCPK:RAFLF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-1.058	/	9.475
	=	-0.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.475	/	252.286
	=	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.

Raffles Medical Group Days Inventory Related Terms

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

Raffles Medical Group (Raffles Medical Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Raffles Medical Group Ltd (OTCPK:RAFLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BSL:Singapore

Address

585 North Bridge Road, No. 11-00, Raffles Hospital, Singapore, SGP, 188770

Website

https://www.rafflesmedicalgroup.com

Raffles Medical Group Ltd is an integrated private healthcare provider in Asia with operations in Singapore, China, Japan, Vietnam, and Cambodia. The company owns and operates a tertiary hospital, a network of medical and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division. The Hospital services segment provides medical services and operates hospitals, medical laboratories, and imaging centers. The Healthcare Services segment operates medical clinics and other general medical services, provides health insurance, trades pharmaceutical and nutraceutical products and diagnostic equipment, and provides management and consultancy services. The Investment holding segment involves investment in properties.