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Healthlead PCL (BKK:HL) Days Inventory : 64.40 (As of Dec. 2023)


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What is Healthlead PCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Healthlead PCL's Average Total Inventories for the three months ended in Dec. 2023 was ฿234 Mil. Healthlead PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was ฿331 Mil. Hence, Healthlead PCL's Days Inventory for the three months ended in Dec. 2023 was 64.40.

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

BKK:HL' s Days Inventory Range Over the Past 10 Years
Min: 57.41   Med: 59.26   Max: 70.03
Current: 66.74

During the past 5 years, Healthlead PCL's highest Days Inventory was 70.03. The lowest was 57.41. And the median was 59.26.

BKK:HL's Days Inventory is ranked worse than
54.84% of 93 companies
in the Medical Distribution industry
Industry Median: 60.88 vs BKK:HL: 66.74

Healthlead PCL's Days Inventory increased from Dec. 2022 (63.73) to Dec. 2023 (64.40). It might indicate that Healthlead PCL's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthlead PCL's Inventory Turnover for the three months ended in Dec. 2023 was 1.42.

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. Healthlead PCL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.53.


Healthlead PCL Days Inventory Historical Data

The historical data trend for Healthlead PCL'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.

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Healthlead PCL Days Inventory Chart

Healthlead PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
70.03 59.26 57.41 58.98 64.10

Healthlead PCL Quarterly Data
Dec19 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 63.73 66.25 70.35 68.79 64.40

Competitive Comparison of Healthlead PCL's Days Inventory

For the Medical Distribution subindustry, Healthlead PCL'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.


Healthlead PCL's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Healthlead PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where Healthlead PCL's Days Inventory falls into.



Healthlead PCL Days Inventory Calculation

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

Healthlead PCL'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
=( (210.281 + 231.677) / 2 ) / 1258.331*365
=220.979 / 1258.331*365
=64.10

Healthlead PCL'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
=( (235.904 + 231.677) / 2 ) / 331.243*365 / 4
=233.7905 / 331.243*365 / 4
=64.40

* 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.


Healthlead PCL  (BKK:HL) 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.

Healthlead PCL'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.

Healthlead PCL'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.


Healthlead PCL Days Inventory Related Terms

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


Healthlead PCL (BKK:HL) Business Description

Traded in Other Exchanges
N/A
Address
99/4 Moo 10, Bang Muang Sub-District, Bang-Yai District, Nonthaburi, THA, 11140
Healthlead PCL is engaged in the business of healthcare-related and medical products. It operates in the pharmacy business, distribution of medical supplies, cosmeceuticals, and dietary supplements. medical equipment and various health products. as well as in business regarding invention business, developing, importing, and distributing innovative healthcare products.