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S&S Healthcare Holding (ROCO:4198) Days Inventory : 118.22 (As of Mar. 2024)


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What is S&S Healthcare Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). S&S Healthcare Holding's Average Total Inventories for the three months ended in Mar. 2024 was NT$74.5 Mil. S&S Healthcare Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$57.5 Mil. Hence, S&S Healthcare Holding's Days Inventory for the three months ended in Mar. 2024 was 118.22.

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

ROCO:4198' s Days Inventory Range Over the Past 10 Years
Min: 136.24   Med: 199.01   Max: 277.06
Current: 136.24

During the past 13 years, S&S Healthcare Holding's highest Days Inventory was 277.06. The lowest was 136.24. And the median was 199.01.

ROCO:4198's Days Inventory is ranked better than
70.31% of 778 companies
in the Medical Devices & Instruments industry
Industry Median: 193.045 vs ROCO:4198: 136.24

S&S Healthcare Holding's Days Inventory declined from Mar. 2023 (224.22) to Mar. 2024 (118.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. S&S Healthcare Holding's Inventory Turnover for the three months ended in Mar. 2024 was 0.77.

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. S&S Healthcare Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.


S&S Healthcare Holding Days Inventory Historical Data

The historical data trend for S&S Healthcare Holding'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.

S&S Healthcare Holding Days Inventory Chart

S&S Healthcare Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 277.06 262.88 176.63 142.32 144.72

S&S Healthcare Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 224.22 216.04 162.66 92.20 118.22

Competitive Comparison of S&S Healthcare Holding's Days Inventory

For the Medical Devices subindustry, S&S Healthcare Holding'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.


S&S Healthcare Holding's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where S&S Healthcare Holding's Days Inventory falls into.



S&S Healthcare Holding Days Inventory Calculation

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

S&S Healthcare Holding'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
=( (114.934 + 74.955) / 2 ) / 239.458*365
=94.9445 / 239.458*365
=144.72

S&S Healthcare Holding's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (74.955 + 74.096) / 2 ) / 57.525*365 / 4
=74.5255 / 57.525*365 / 4
=118.22

* 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.


S&S Healthcare Holding  (ROCO:4198) 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.

S&S Healthcare Holding's Inventory Turnover for the three months ended in Mar. 2024 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.

S&S Healthcare Holding's Inventory to Revenue for the three months ended in Mar. 2024 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.


S&S Healthcare Holding Days Inventory Related Terms

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


S&S Healthcare Holding (ROCO:4198) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, Number 89, Xinhu 1st Road, Taipei, TWN, 114
S&S Healthcare Holding Ltd, formerly Swissray Global Healthcare Holding Ltd is involved in providing DR systems designed for any application in general radiography. The product divisions of the company cover Swissray DDR systems, Novadaq, and EZ2GO. The main business projects of the company and its subsidiaries are the research and development, manufacturing, sales, and maintenance services of high-end medical equipment and the manufacturing and sales of basic medical equipment.

S&S Healthcare Holding (ROCO:4198) Headlines

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