Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Days Inventory : 34.44 (As of Mar. 2024)

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What is Dr Sulaiman Al Habib Medical Services Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dr Sulaiman Al Habib Medical Services Group's Average Total Inventories for the three months ended in Mar. 2024 was ﷼621 Mil. Dr Sulaiman Al Habib Medical Services Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼1,644 Mil. Hence, Dr Sulaiman Al Habib Medical Services Group's Days Inventory for the three months ended in Mar. 2024 was 34.44.

The historical rank and industry rank for Dr Sulaiman Al Habib Medical Services Group's Days Inventory or its related term are showing as below:

SAU:4013' s Days Inventory Range Over the Past 10 Years
Min: 29.18 Med: 30.23 Max: 33.59
Current: 33.59

During the past 5 years, Dr Sulaiman Al Habib Medical Services Group's highest Days Inventory was 33.59. The lowest was 29.18. And the median was 30.23.

SAU:4013's Days Inventory is ranked worse than
51.06% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.7 vs SAU:4013: 33.59

Dr Sulaiman Al Habib Medical Services Group's Days Inventory increased from Mar. 2023 (31.69) to Mar. 2024 (34.44). It might indicate that Dr Sulaiman Al Habib Medical Services Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr Sulaiman Al Habib Medical Services Group's Inventory Turnover for the three months ended in Mar. 2024 was 2.65.

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. Dr Sulaiman Al Habib Medical Services Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.25.

Dr Sulaiman Al Habib Medical Services Group Days Inventory Historical Data

The historical data trend for Dr Sulaiman Al Habib Medical Services 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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Dr Sulaiman Al Habib Medical Services Group Days Inventory Chart

Dr Sulaiman Al Habib Medical Services Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

30.92

30.85

29.18

29.44

30.23

Dr Sulaiman Al Habib Medical Services Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															31.69	34.82	31.88	30.61	34.44

Competitive Comparison of Dr Sulaiman Al Habib Medical Services Group's Days Inventory

For the Medical Care Facilities subindustry, Dr Sulaiman Al Habib Medical Services 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.

Dr Sulaiman Al Habib Medical Services Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Dr Sulaiman Al Habib Medical Services Group's Days Inventory falls into.

Dr Sulaiman Al Habib Medical Services Group Days Inventory Calculation

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

Dr Sulaiman Al Habib Medical Services 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
=	( (490.393	+	543.059)	/	2 )	/	6238.391	*	365
=	516.726					/	6238.391	*	365
=	30.23

Dr Sulaiman Al Habib Medical Services Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (543.059	+	697.987)	/	2 )	/	1644.079	*	365 / 4
=	620.523					/	1644.079	*	365 / 4
=	34.44

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) 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.

Dr Sulaiman Al Habib Medical Services Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1644.079	/	620.523
	=	2.65

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.

Dr Sulaiman Al Habib Medical Services Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	620.523	/	2521.409
	=	0.25

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.

Dr Sulaiman Al Habib Medical Services Group Days Inventory Related Terms

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

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dr Sulaiman Al Habib Medical Services Group (SAU:4013) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, P.O. Box 301578, Al Olaya District, Riyadh, SAU, 11372

Website

https://www.hmg.com

Dr Sulaiman Al Habib Medical Services Group is a healthcare operator. The company is engaged in establishing, operating, and managing hospitals, general and specialized medical complexes, dispensaries, health care centers, diagnostics centers as well as radiology centers. It is also involved in import, wholesale and retail sales of medicines, medical products, cosmetics, and medical supplies and equipment. The company reports in three segments are Hospitals/ Healthcare Facilities, Pharmacies, and HMG Solutions / Others. The majority of the revenue is earned from the Hospitals/ Healthcare Facilities segment.

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