Dingdang Health Technology Group (HKSE:09886) Days Inventory : 59.60 (As of Dec. 2023)

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What is Dingdang Health Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dingdang Health Technology Group's Average Total Inventories for the six months ended in Dec. 2023 was HK$636 Mil. Dingdang Health Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,949 Mil. Hence, Dingdang Health Technology Group's Days Inventory for the six months ended in Dec. 2023 was 59.60.

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

HKSE:09886' s Days Inventory Range Over the Past 10 Years
Min: 52.69 Med: 63.3 Max: 68.7
Current: 64.88

During the past 6 years, Dingdang Health Technology Group's highest Days Inventory was 68.70. The lowest was 52.69. And the median was 63.30.

HKSE:09886's Days Inventory is ranked worse than
72.96% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.42 vs HKSE:09886: 64.88

Dingdang Health Technology Group's Days Inventory declined from Dec. 2022 (65.79) to Dec. 2023 (59.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dingdang Health Technology Group's Inventory Turnover for the six months ended in Dec. 2023 was 3.06.

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. Dingdang Health Technology Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.

Dingdang Health Technology Group Days Inventory Historical Data

The historical data trend for Dingdang Health Technology 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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Dingdang Health Technology Group Days Inventory Chart

Dingdang Health Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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52.69

60.11

54.19

68.70

67.25

Dingdang Health Technology Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				57.55	64.85	65.79	68.37	59.60

Competitive Comparison of Dingdang Health Technology Group's Days Inventory

For the Health Information Services subindustry, Dingdang Health Technology 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.

Dingdang Health Technology Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Dingdang Health Technology Group's Days Inventory falls into.

Dingdang Health Technology Group Days Inventory Calculation

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

Dingdang Health Technology Group'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
=	( (678.907	+	669.75)	/	2 )	/	3659.932	*	365
=	674.3285					/	3659.932	*	365
=	67.25

Dingdang Health Technology Group'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (603.118	+	669.75)	/	2 )	/	1948.858	*	365 / 2
=	636.434					/	1948.858	*	365 / 2
=	59.60

Dingdang Health Technology Group (HKSE:09886) 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.

Dingdang Health Technology Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1948.858	/	636.434
	=	3.06

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.

Dingdang Health Technology Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	636.434	/	2854.242
	=	0.22

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.

Dingdang Health Technology Group Days Inventory Related Terms

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

Dingdang Health Technology Group (HKSE:09886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dingdang Health Technology Group Ltd (HKSE:09886) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dengshikou Street, Building 1, Yard 50, Dongcheng District, Beijing, CHN

Website

https://www.ddjkjt.com

Dingdang Health Technology Group Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of pharmaceutical and healthcare business in the PRC. It is transforming and reshaping China's healthcare industry by pioneering on-demand pharmaceutical retail and medical consultation, with online-to-offline solutions.

Executives

Yang Yibin	2201 Interest of corporation controlled by you
Tpg Operating Group Iii, L.p.	2201 Interest of corporation controlled by you
Tpg Inc.	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu Shen Zhen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si	2201 Interest of corporation controlled by you
Xing Xin You Xian Gong Si
Jian Xing You Xian Gong Si
Zhi Ying Ji Tuan You Xian Gong Si
Jian Fa You Xian Gong Si
Jin Fa You Xian Gong Si
Zhi Sheng Qi Ye You Xian Gong Si
Chuang Ji Tou Zi You Xian Gong Si

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