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Canadian Medical Center Co (SAU:9518) Inventory-to-Revenue : 0.09 (As of Dec. 2023)


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What is Canadian Medical Center Co Inventory-to-Revenue?

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. Canadian Medical Center Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ﷼4.7 Mil. Canadian Medical Center Co's Revenue for the six months ended in Dec. 2023 was ﷼55.1 Mil. Canadian Medical Center Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Canadian Medical Center Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.11) to Jun. 2023 (0.09)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Medical Center Co's Days Inventory for the six months ended in Dec. 2023 was 22.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Medical Center Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.05.


Canadian Medical Center Co Inventory-to-Revenue Historical Data

The historical data trend for Canadian Medical Center Co's Inventory-to-Revenue 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.

Canadian Medical Center Co Inventory-to-Revenue Chart

Canadian Medical Center Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- 0.02 0.04 0.04

Canadian Medical Center Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.03 0.06 0.08 0.11 0.09

Competitive Comparison of Canadian Medical Center Co's Inventory-to-Revenue

For the Medical Care Facilities subindustry, Canadian Medical Center Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Canadian Medical Center Co's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Canadian Medical Center Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Canadian Medical Center Co's Inventory-to-Revenue falls into.



Canadian Medical Center Co Inventory-to-Revenue Calculation

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.

Canadian Medical Center Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (4.567 + 4.133) / 2 ) / 100.342
=4.35 / 100.342
=0.04

Canadian Medical Center Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (5.253 + 4.133) / 2 ) / 55.125
=4.693 / 55.125
=0.09

* 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.


Canadian Medical Center Co  (SAU:9518) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Canadian Medical Center Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4.693/37.796*365 / 2
=22.66

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Canadian Medical Center Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=37.796 / 4.693
=8.05

* 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.


Canadian Medical Center Co Inventory-to-Revenue Related Terms

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Canadian Medical Center Co (SAU:9518) Business Description

Traded in Other Exchanges
N/A
Address
Al Khobar - Abqaiq, Dammam, SAU
Canadian Medical Center Co is engaged in providing medical services. Activities of the company are management of hospitals and health centers and trade in hospital tools and equipment and ambulances. It has one sector which is the activity of medical services, and geographically only operates in the Kingdom of Saudi Arabia.

Canadian Medical Center Co (SAU:9518) Headlines

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