Health Empire (BKK:HEALTH) Days Inventory : 106.39 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Health Empire Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Health Empire's Average Total Inventories for the three months ended in Dec. 2023 was ฿5.29 Mil. Health Empire's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿4.54 Mil. Hence, Health Empire's Days Inventory for the three months ended in Dec. 2023 was 106.39.

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

BKK:HEALTH' s Days Inventory Range Over the Past 10 Years
Min: 43.68 Med: 149.15 Max: 201.03
Current: 201.03

During the past 13 years, Health Empire's highest Days Inventory was 201.03. The lowest was 43.68. And the median was 149.15.

BKK:HEALTH's Days Inventory is ranked worse than
75.94% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 111.025 vs BKK:HEALTH: 201.03

Health Empire's Days Inventory increased from Dec. 2022 (92.50) to Dec. 2023 (106.39). It might indicate that Health Empire's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Health Empire's Inventory Turnover for the three months ended in Dec. 2023 was 0.86.

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. Health Empire's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.00.

Health Empire Days Inventory Historical Data

The historical data trend for Health Empire'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.

Health Empire Days Inventory Chart

Health Empire Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

156.33

121.31

104.36

43.68

182.33

Health Empire 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															92.50	294.62	201.19	528.98	106.39

Competitive Comparison of Health Empire's Days Inventory

For the Specialty Retail subindustry, Health Empire'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.

Health Empire's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Health Empire's Days Inventory distribution charts can be found below:

* The bar in red indicates where Health Empire's Days Inventory falls into.

Health Empire Days Inventory Calculation

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

Health Empire'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
=	( (4.895	+	4.881)	/	2 )	/	9.785	*	365
=	4.888					/	9.785	*	365
=	182.33

Health Empire'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
=	( (5.696	+	4.881)	/	2 )	/	4.536	*	365 / 4
=	5.2885					/	4.536	*	365 / 4
=	106.39

Health Empire (BKK:HEALTH) 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.

Health Empire's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.536	/	5.2885
	=	0.86

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.

Health Empire's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.2885	/	5.308
	=	1.00

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.

Health Empire Days Inventory Related Terms

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

Health Empire (BKK:HEALTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Health Empire Corp PLC (BKK:HEALTH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 20th Floor, Room No., Office 2, No. 51 Major Tower Rama 9 - Ramkhamhaeng, Hua Mak Sub-District, Bangkapi District, Bangkok, THA, 10240

Website

https://www.hempcorp.co.th

Health Empire Corp PLC, formerly MPG Corporation PCL is engaged in wholesale, retail, distribution, import, export, production, contract production, and distribution of medication, modern medicine, traditional medicine, Thai traditional medicine, herbal medicine, herbal products, chemicals, medical supplies, pharmaceutical products, cosmeceutical products, medical equipment, health and beauty products, cosmetics, beauty products, personal hygiene products, dietary supplements, vitamins, minerals, food and beverage for dietary. Geographically, all the operations function through the regions of Thailand.

Health Empire (BKK:HEALTH) Headlines

No Headlines