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GHP Specialty Care AB (CHIX:GHPS) Days Inventory : 9.92 (As of Mar. 2022)


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What is GHP Specialty Care AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GHP Specialty Care AB's Average Total Inventories for the three months ended in Mar. 2022 was kr9 Mil. GHP Specialty Care AB's Cost of Goods Sold for the three months ended in Mar. 2022 was kr80 Mil. Hence, GHP Specialty Care AB's Days Inventory for the three months ended in Mar. 2022 was 9.92.

The historical rank and industry rank for GHP Specialty Care AB's Days Inventory or its related term are showing as below:

CHIX:GHPs' s Days Inventory Range Over the Past 10 Years
Min: 8.81   Med: 12.57   Max: 18.1
Current: 12.37

During the past 13 years, GHP Specialty Care AB's highest Days Inventory was 18.10. The lowest was 8.81. And the median was 12.57.

CHIX:GHPs's Days Inventory is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 32.13 vs CHIX:GHPs: 12.37

GHP Specialty Care AB's Days Inventory declined from Mar. 2021 (12.41) to Mar. 2022 (9.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. GHP Specialty Care AB's Inventory Turnover for the three months ended in Mar. 2022 was 9.20.

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. GHP Specialty Care AB's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.02.


GHP Specialty Care AB Days Inventory Historical Data

The historical data trend for GHP Specialty Care AB'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.

GHP Specialty Care AB Days Inventory Chart

GHP Specialty Care AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 10.32 8.81 12.61 12.52

GHP Specialty Care AB Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 Premium Member Only 12.41 - - 9.95 9.92

Competitive Comparison of GHP Specialty Care AB's Days Inventory

For the Medical Care Facilities subindustry, GHP Specialty Care AB'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.


GHP Specialty Care AB's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GHP Specialty Care AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where GHP Specialty Care AB's Days Inventory falls into.



GHP Specialty Care AB Days Inventory Calculation

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

GHP Specialty Care AB's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (10.4 + 8.7) / 2 ) / 278.4*365
=9.55 / 278.4*365
=12.52

GHP Specialty Care AB's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (8.7 + 0) / 1 ) / 80*365 / 4
=8.7 / 80*365 / 4
=9.92

* 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.


GHP Specialty Care AB  (CHIX:GHPs) 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.

GHP Specialty Care AB's Inventory Turnover for the three months ended in Mar. 2022 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.

GHP Specialty Care AB's Inventory to Revenue for the three months ended in Mar. 2022 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.


GHP Specialty Care AB Days Inventory Related Terms

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


GHP Specialty Care AB (CHIX:GHPS) Business Description

Traded in Other Exchanges
N/A
Address
Södra Hamngatan 45, Gothenburg, SWE, 411 06
GHP Specialty Care AB is a player in the healthcare sector. It is a Swedish health care provider that operates specialist clinics, primarily in the Nordic countries. GHP's clinics address various medical areas such as diabetes care, neurology, general surgery, sports medicine and arrhythmia. GHP has two segments, the Nordic Region and International. The company generates majority of its revenue from the Nordic Region. The Nordic Region business area conducts business within specialist care, such as spine surgery/spine care, orthopaedics, obesity surgery and diabetes care, gastroenterology, urology, general surgery, arrhythmia, sports medicine, plastic surgery, neurology and specialist dentistry via over 20 clinics.

GHP Specialty Care AB (CHIX:GHPS) Headlines

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