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H U Group Holdings (H U Group Holdings) Days Inventory : 46.56 (As of Dec. 2023)


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What is H U Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). H U Group Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $155 Mil. H U Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $304 Mil. Hence, H U Group Holdings's Days Inventory for the three months ended in Dec. 2023 was 46.56.

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

MRCHF' s Days Inventory Range Over the Past 10 Years
Min: 41.65   Med: 43.12   Max: 47.75
Current: 47.75

During the past 13 years, H U Group Holdings's highest Days Inventory was 47.75. The lowest was 41.65. And the median was 43.12.

MRCHF's Days Inventory is ranked better than
61.58% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175 vs MRCHF: 47.75

H U Group Holdings's Days Inventory increased from Dec. 2022 (42.20) to Dec. 2023 (46.56). It might indicate that H U Group Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. H U Group Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.96.

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. H U Group Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.37.


H U Group Holdings Days Inventory Historical Data

The historical data trend for H U Group Holdings'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.

H U Group Holdings Days Inventory Chart

H U Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.64 46.47 45.90 45.29 47.06

H U Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 42.20 45.74 51.64 49.91 46.56

Competitive Comparison of H U Group Holdings's Days Inventory

For the Diagnostics & Research subindustry, H U Group Holdings'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.


H U Group Holdings's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, H U Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where H U Group Holdings's Days Inventory falls into.



H U Group Holdings Days Inventory Calculation

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

H U Group Holdings'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
=( (164.315 + 165.549) / 2 ) / 1279.205*365
=164.932 / 1279.205*365
=47.06

H U Group Holdings'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
=( (152.714 + 157.923) / 2 ) / 304.421*365 / 4
=155.3185 / 304.421*365 / 4
=46.56

* 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.


H U Group Holdings  (OTCPK:MRCHF) 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.

H U Group Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

H U Group Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


H U Group Holdings Days Inventory Related Terms

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


H U Group Holdings (H U Group Holdings) Business Description

Traded in Other Exchanges
Address
Shinjuku Mitsui Building, 2-1-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 163-0408
H U Group Holdings Inc operates in the healthcare field, focusing on clinical laboratory testing and reagents. The company is engaged in four main businesses. The Clinical Laboratory Testing Business receives samples taken from patients at medical institutions to test for the disease and confirm the condition of the patient's health; In Vitro Diagnostics develops, manufactures, and sells testing reagents and equipment inside and outside Japan; Sterilization & Related Services Business provides a range of medical-related services including sterilization; and Emerging New Business & Others is a new business for future growth.

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