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Goodwill E-Health Info Co (SHSE:688246) Days Inventory : 848.02 (As of Mar. 2024)


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What is Goodwill E-Health Info Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goodwill E-Health Info Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥602.0 Mil. Goodwill E-Health Info Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥64.8 Mil. Hence, Goodwill E-Health Info Co's Days Inventory for the three months ended in Mar. 2024 was 848.02.

The historical rank and industry rank for Goodwill E-Health Info Co's Days Inventory or its related term are showing as below:

SHSE:688246' s Days Inventory Range Over the Past 10 Years
Min: 151.19   Med: 303.42   Max: 619.22
Current: 619.22

During the past 7 years, Goodwill E-Health Info Co's highest Days Inventory was 619.22. The lowest was 151.19. And the median was 303.42.

SHSE:688246's Days Inventory is ranked worse than
97.76% of 1563 companies
in the Software industry
Industry Median: 19.18 vs SHSE:688246: 619.22

Goodwill E-Health Info Co's Days Inventory increased from Mar. 2023 (837.38) to Mar. 2024 (848.02). It might indicate that Goodwill E-Health Info Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodwill E-Health Info Co's Inventory Turnover for the three months ended in Mar. 2024 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. Goodwill E-Health Info Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.91.


Goodwill E-Health Info Co Days Inventory Historical Data

The historical data trend for Goodwill E-Health Info 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.

Goodwill E-Health Info Co Days Inventory Chart

Goodwill E-Health Info Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 251.39 303.42 385.44 484.03 609.75

Goodwill E-Health Info Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 837.38 513.00 464.62 808.64 848.02

Competitive Comparison of Goodwill E-Health Info Co's Days Inventory

For the Software - Application subindustry, Goodwill E-Health Info 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.


Goodwill E-Health Info Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Goodwill E-Health Info Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goodwill E-Health Info Co's Days Inventory falls into.



Goodwill E-Health Info Co Days Inventory Calculation

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

Goodwill E-Health Info 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
=( (529.009 + 591.323) / 2 ) / 335.316*365
=560.166 / 335.316*365
=609.75

Goodwill E-Health Info Co'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
=( (591.323 + 612.611) / 2 ) / 64.774*365 / 4
=601.967 / 64.774*365 / 4
=848.02

* 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.


Goodwill E-Health Info Co  (SHSE:688246) 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.

Goodwill E-Health Info Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Goodwill E-Health Info Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Goodwill E-Health Info Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Goodwill E-Health Info Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodwill E-Health Info Co (SHSE:688246) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Kaifeng Road, Room 1201, 2nd Floor, Building 1, Shangdi Information Industry Base, Haidian District, Beijing, CHN, 100085
Goodwill E-Health Info Co Ltd is a computer software technology development company. The company's products and services include technology transfer, technical consulting, technical services, application software services, and wholesale electronic products.
Executives
Chen Lian Zhong Core technical personnel
Ren Yong Directors, senior managers
Nie Ya Lun senior management
Ma Long Biao Core technical personnel
Li Jing senior management
Zhang Lei Director, core technical staff
Xia Jun Directors, senior managers
Wang Kun Core technical personnel
Hu Ke Yun Core technical personnel

Goodwill E-Health Info Co (SHSE:688246) Headlines

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