New Frontier Health (New Frontier Health) Change In Inventory : $0.0 Mil (TTM As of Dec. 2020)

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What is New Frontier Health Change In Inventory?

New Frontier Health's change in inventory for the quarter that ended in Dec. 2020 was $0.0 Mil. It means New Frontier Health's inventory stayed the same from Sep. 2020 to Dec. 2020 .

New Frontier Health's change in inventory for the fiscal year that ended in Dec. 2020 was $0.0 Mil. It means New Frontier Health's inventory stayed the same from Dec. 2019 to Dec. 2020 .

New Frontier Health's Total Inventories for the quarter that ended in Dec. 2020 was $14.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Frontier Health's Days Inventory for the quarter that ended in Dec. 2020 was 61.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Frontier Health's Inventory Turnover for the quarter that ended in Dec. 2020 was 1.49.

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. New Frontier Health's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.13.

New Frontier Health Change In Inventory Historical Data

The historical data trend for New Frontier Health's Change In 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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New Frontier Health Change In Inventory Chart

New Frontier Health Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Change In Inventory

-1.46

-2.54

-0.09

New Frontier Health Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Change In Inventory	Get a 7-Day Free Trial							-	-	-	-	-

New Frontier Health Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

New Frontier Health (NYSE:NFH) Change In Inventory Explanation

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

New Frontier Health's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	13.0635	/	19.498	*	365 / 4
	=	61.14

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

New Frontier Health's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.498	/	13.0635
	=	1.49

3. 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.

New Frontier Health's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.0635	/	100.018
	=	0.13

New Frontier Health Change In Inventory Related Terms

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New Frontier Health (New Frontier Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » New Frontier Health Corp (NYSE:NFH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Jiuxianqiao Road, B7 Building, 1ST Floor, Hengtong Business Park, Chaoyang District, Beijing, CHN, 100015

Website

https://www.nfh.com.cn

New Frontier Health Corp is a comprehensive private medical service platform. Through its subsidiary, it provides healthcare services throughout the life cycle in China. The firm's operating segments are Operating assets Tier 1, and Operating assets Tier 2 and other assets and Expansion assets. Tier 1 segment consists of the group's existing general hospitals and clinics located in tier 1 cities in China, such as Beijing and Shanghai whereas, tier 2 and other assets segment consists of the group's existing general hospitals and clinics located in tier 2 cities in China, such as Tianjin and Qingdao, and specialized healthcare facilities. The company generates a majority of its revenue from the Tier 1 segment.