Arrail Group (HKSE:06639) Days Inventory : 14.26 (As of Sep. 2023)

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What is Arrail Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arrail Group's Average Total Inventories for the six months ended in Sep. 2023 was HK$57 Mil. Arrail Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$733 Mil. Hence, Arrail Group's Days Inventory for the six months ended in Sep. 2023 was 14.26.

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

HKSE:06639' s Days Inventory Range Over the Past 10 Years
Min: 11.71 Med: 14.43 Max: 15.31
Current: 15.12

During the past 5 years, Arrail Group's highest Days Inventory was 15.31. The lowest was 11.71. And the median was 14.43.

HKSE:06639's Days Inventory is ranked better than
73.88% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: 33.01 vs HKSE:06639: 15.12

Arrail Group's Days Inventory declined from Sep. 2022 (16.57) to Sep. 2023 (14.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arrail Group's Inventory Turnover for the six months ended in Sep. 2023 was 12.80.

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. Arrail Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.06.

Arrail Group Days Inventory Historical Data

The historical data trend for Arrail Group'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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Arrail Group Days Inventory Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

15.31

14.43

11.71

12.03

15.23

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial				12.63	14.09	16.57	15.86	14.26

Competitive Comparison of Arrail Group's Days Inventory

For the Medical Care Facilities subindustry, Arrail Group'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.

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

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

* The bar in red indicates where Arrail Group's Days Inventory falls into.

Arrail Group Days Inventory Calculation

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

Arrail Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (58.049	+	58.528)	/	2 )	/	1397.156	*	365
=	58.2885					/	1397.156	*	365
=	15.23

Arrail Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (58.528	+	56.035)	/	2 )	/	732.987	*	365 / 2
=	57.2815					/	732.987	*	365 / 2
=	14.26

Arrail Group (HKSE:06639) 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.

Arrail Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	732.987	/	57.2815
	=	12.80

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.

Arrail Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	57.2815	/	950.585
	=	0.06

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.

Arrail Group Days Inventory Related Terms

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

Arrail Group (HKSE:06639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

I1D:Germany

Address

No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China.

Executives

Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited	2301 Trustee
Kastle Limited	2301 Trustee
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
19 Growth Capital Fund Gp Inc.	2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p.	2201 Interest of corporation controlled by you
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you

Arrail Group (HKSE:06639) Headlines

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