Inspiration Healthcare Group (LSE:IHC) Days Inventory : 178.00 (As of Jul. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Inspiration Healthcare Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inspiration Healthcare Group's Average Total Inventories for the six months ended in Jul. 2023 was £10.21 Mil. Inspiration Healthcare Group's Cost of Goods Sold for the six months ended in Jul. 2023 was £10.47 Mil. Hence, Inspiration Healthcare Group's Days Inventory for the six months ended in Jul. 2023 was 178.00.

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

LSE:IHC' s Days Inventory Range Over the Past 10 Years
Min: 27.62 Med: 57.25 Max: 158.77
Current: 158.77

During the past 13 years, Inspiration Healthcare Group's highest Days Inventory was 158.77. The lowest was 27.62. And the median was 57.25.

LSE:IHC's Days Inventory is ranked better than
62.27% of 774 companies
in the Medical Devices & Instruments industry
Industry Median: 193.465 vs LSE:IHC: 158.77

Inspiration Healthcare Group's Days Inventory increased from Jul. 2022 (123.07) to Jul. 2023 (178.00). It might indicate that Inspiration Healthcare Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspiration Healthcare Group's Inventory Turnover for the six months ended in Jul. 2023 was 1.03.

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. Inspiration Healthcare Group's Inventory-to-Revenue for the six months ended in Jul. 2023 was 0.50.

Inspiration Healthcare Group Days Inventory Historical Data

The historical data trend for Inspiration Healthcare 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.

* Premium members only.

Inspiration Healthcare Group Days Inventory Chart

Inspiration Healthcare Group Annual Data

Trend

Dec14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Inventory

Get a 7-Day Free Trial

27.62

75.53

108.60

130.59

129.22

Inspiration Healthcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Days Inventory	Get a 7-Day Free Trial															137.65	114.79	123.07	143.45	178.00

Competitive Comparison of Inspiration Healthcare Group's Days Inventory

For the Medical Devices subindustry, Inspiration Healthcare 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.

Inspiration Healthcare Group's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Days Inventory distribution charts can be found below:

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

Inspiration Healthcare Group Days Inventory Calculation

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

Inspiration Healthcare Group's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

	Days Inventory (A: Jan. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (6.449	+	9.935)	/	2 )	/	23.14	*	365
=	8.192					/	23.14	*	365
=	129.22

Inspiration Healthcare Group's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

	Days Inventory (Q: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2023 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (9.935	+	10.493)	/	2 )	/	10.472	*	365 / 2
=	10.214					/	10.472	*	365 / 2
=	178.00

Inspiration Healthcare Group (LSE:IHC) 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.

Inspiration Healthcare Group's Inventory Turnover for the six months ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.472	/	10.214
	=	1.03

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.

Inspiration Healthcare Group's Inventory to Revenue for the six months ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.214	/	20.37
	=	0.50

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.

Inspiration Healthcare Group Days Inventory Related Terms

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

Inspiration Healthcare Group (LSE:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspiration Healthcare Group PLC (LSE:IHC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL

Website

https://www.inspirationhealthcaregroup.com

Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.