Cordlife Group (SGX:P8A) Days Inventory : 18.84 (As of Dec. 2023)

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What is Cordlife Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cordlife Group's Average Total Inventories for the six months ended in Dec. 2023 was S$0.96 Mil. Cordlife Group's Cost of Goods Sold for the six months ended in Dec. 2023 was S$9.26 Mil. Hence, Cordlife Group's Days Inventory for the six months ended in Dec. 2023 was 18.84.

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

SGX:P8A' s Days Inventory Range Over the Past 10 Years
Min: 13.85 Med: 20.78 Max: 32.78
Current: 21.63

During the past 12 years, Cordlife Group's highest Days Inventory was 32.78. The lowest was 13.85. And the median was 20.78.

SGX:P8A's Days Inventory is ranked better than
82.98% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs SGX:P8A: 21.63

Cordlife Group's Days Inventory declined from Dec. 2022 (27.77) to Dec. 2023 (18.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cordlife Group's Inventory Turnover for the six months ended in Dec. 2023 was 9.69.

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. Cordlife Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.

Cordlife Group Days Inventory Historical Data

The historical data trend for Cordlife 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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Cordlife Group Days Inventory Chart

Cordlife Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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21.86

29.02

32.78

28.34

21.38

Cordlife Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															28.52	30.54	27.77	24.68	18.84

Competitive Comparison of Cordlife Group's Days Inventory

For the Diagnostics & Research subindustry, Cordlife 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.

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

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

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

Cordlife Group Days Inventory Calculation

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

Cordlife 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
=	( (1.362	+	0.797)	/	2 )	/	18.425	*	365
=	1.0795					/	18.425	*	365
=	21.38

Cordlife 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
=	( (1.116	+	0.797)	/	2 )	/	9.264	*	365 / 2
=	0.9565					/	9.264	*	365 / 2
=	18.84

Cordlife Group (SGX:P8A) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.264	/	0.9565
	=	9.69

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.9565	/	27.417
	=	0.03

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.

Cordlife Group Days Inventory Related Terms

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

Cordlife Group (SGX:P8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Cordlife Group Ltd (SGX:P8A) » Definitions » Days Inventory

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CLIFF:USA

Address

1 Yishun Industrial Street 1, Number 06-01/09, A'Posh Bizhub, Singapore, SGP, 768160

Website

https://www.cordlife.com

Cordlife Group Ltd is a consumer healthcare company dedicated to safeguarding the well-being of mother and child. Cordlife has processing and storage facilities in six key markets across Asia, namely Singapore, Hong Kong, Malaysia, India, Indonesia, and the Philippines. The company has two segments - The Banking segment, comprises cord blood, cord lining, and cord tissue services. The Diagnostics segment comprises Metascreen, which is a non-invasive metabolic screening test specially designed for newborn babies, non-invasive prenatal testing service and Eyescreen, a paediatric eye-screening service.

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