Patrangsit Healthcare Group PCL (BKK:PHG) Days Inventory : 12.03 (As of Dec. 2023)

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What is Patrangsit Healthcare Group PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Patrangsit Healthcare Group PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿55 Mil. Patrangsit Healthcare Group PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿416 Mil. Hence, Patrangsit Healthcare Group PCL's Days Inventory for the three months ended in Dec. 2023 was 12.03.

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

BKK:PHG' s Days Inventory Range Over the Past 10 Years
Min: 10.8 Med: 10.97 Max: 15.53
Current: 15.53

During the past 3 years, Patrangsit Healthcare Group PCL's highest Days Inventory was 15.53. The lowest was 10.80. And the median was 10.97.

BKK:PHG's Days Inventory is ranked better than
73.4% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs BKK:PHG: 15.53

Patrangsit Healthcare Group PCL's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (12.03). It might indicate that Patrangsit Healthcare Group PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Patrangsit Healthcare Group PCL's Inventory Turnover for the three months ended in Dec. 2023 was 7.59.

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. Patrangsit Healthcare Group PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Patrangsit Healthcare Group PCL Days Inventory Historical Data

The historical data trend for Patrangsit Healthcare Group PCL'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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Patrangsit Healthcare Group PCL Days Inventory Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

10.97

10.80

11.54

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	11.27	11.66	11.46	12.03

Competitive Comparison of Patrangsit Healthcare Group PCL's Days Inventory

For the Medical Care Facilities subindustry, Patrangsit Healthcare Group PCL'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.

Patrangsit Healthcare Group PCL's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Patrangsit Healthcare Group PCL's Days Inventory falls into.

Patrangsit Healthcare Group PCL Days Inventory Calculation

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

Patrangsit Healthcare Group PCL'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
=	( (44.41	+	54.549)	/	2 )	/	1564.656	*	365
=	49.4795					/	1564.656	*	365
=	11.54

Patrangsit Healthcare Group PCL'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (55.151	+	54.549)	/	2 )	/	416.069	*	365 / 4
=	54.85					/	416.069	*	365 / 4
=	12.03

Patrangsit Healthcare Group PCL (BKK:PHG) 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.

Patrangsit Healthcare Group PCL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	416.069	/	54.85
	=	7.59

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.

Patrangsit Healthcare Group PCL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54.85	/	596.932
	=	0.09

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.

Patrangsit Healthcare Group PCL Days Inventory Related Terms

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Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.