Alibaba Health Information Technology (Alibaba Health Information Technology) Days Inventory : 35.76 (As of Sep. 2023)

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What is Alibaba Health Information Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alibaba Health Information Technology's Average Total Inventories for the six months ended in Sep. 2023 was $271 Mil. Alibaba Health Information Technology's Cost of Goods Sold for the six months ended in Sep. 2023 was $1,382 Mil. Hence, Alibaba Health Information Technology's Days Inventory for the six months ended in Sep. 2023 was 35.76.

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

ALBHF' s Days Inventory Range Over the Past 10 Years
Min: 30.23 Med: 45.77 Max: 192.12
Current: 30.23

During the past 13 years, Alibaba Health Information Technology's highest Days Inventory was 192.12. The lowest was 30.23. And the median was 45.77.

ALBHF's Days Inventory is ranked better than
51.81% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.39 vs ALBHF: 30.23

Alibaba Health Information Technology's Days Inventory increased from Sep. 2022 (32.97) to Sep. 2023 (35.76). It might indicate that Alibaba Health Information Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alibaba Health Information Technology's Inventory Turnover for the six months ended in Sep. 2023 was 5.10.

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. Alibaba Health Information Technology's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.15.

Alibaba Health Information Technology Days Inventory Historical Data

The historical data trend for Alibaba Health Information Technology'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.

Alibaba Health Information Technology Days Inventory Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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51.66

45.60

39.83

33.04

32.81

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															39.20	33.31	32.97	28.32	35.76

Competitive Comparison of Alibaba Health Information Technology's Days Inventory

For the Pharmaceutical Retailers subindustry, Alibaba Health Information Technology'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.

Alibaba Health Information Technology's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

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

Alibaba Health Information Technology Days Inventory Calculation

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

Alibaba Health Information Technology'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
=	( (244.326	+	305.085)	/	2 )	/	3056.449	*	365
=	274.7055					/	3056.449	*	365
=	32.81

Alibaba Health Information Technology'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
=	( (305.085	+	236.648)	/	2 )	/	1382.224	*	365 / 2
=	270.8665					/	1382.224	*	365 / 2
=	35.76

Alibaba Health Information Technology (OTCPK:ALBHF) 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.

Alibaba Health Information Technology's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1382.224	/	270.8665
	=	5.10

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.

Alibaba Health Information Technology's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	270.8665	/	1775.305
	=	0.15

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.

Alibaba Health Information Technology Days Inventory Related Terms

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

Alibaba Health Information Technology (Alibaba Health Information Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (OTCPK:ALBHF) » Definitions » Days Inventory

Comparable Companies

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ALBBY:USA 00241:Hong Kong TWYA:Germany TWY:Germany TWY:Germany

Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.