Econ Healthcare (Asia) (SGX:EHG) Total Inventories : S$0.01 Mil (As of Sep. 2023)

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What is Econ Healthcare (Asia) Total Inventories?

Econ Healthcare (Asia)'s total inventories for the quarter that ended in Sep. 2023 was S$0.01 Mil. Econ Healthcare (Asia)'s average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was S$0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Econ Healthcare (Asia)'s Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was S$-0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Econ Healthcare (Asia)'s Days Inventory for the six months ended in Sep. 2023 was 0.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Econ Healthcare (Asia)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 392.71.

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. Econ Healthcare (Asia)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Econ Healthcare (Asia) Total Inventories Historical Data

The historical data trend for Econ Healthcare (Asia)'s Total Inventories 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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Econ Healthcare (Asia) Total Inventories Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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0.01

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial						0.01	0.01	0.02	0.01	0.01

Econ Healthcare (Asia) Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Econ Healthcare (Asia) (SGX:EHG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Econ Healthcare (Asia)'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(23.847	+	0.75 * 5.756	+	0.5 * 0.007	-	57.205
-	0	-	-0.284)	/	257
=	-0.11

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

Econ Healthcare (Asia)'s Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.0085	/	3.338	*	365 / 2
	=	0.46

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

Econ Healthcare (Asia)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	3.338	/	0.0085
	=	392.71

4. 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.

Econ Healthcare (Asia)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.0085	/	24.823
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Econ Healthcare (Asia) Total Inventories Related Terms

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Econ Healthcare (Asia) (SGX:EHG) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Total Inventories

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Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

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