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Lanka Hospitals (COL:LHCL.N0000) Days Inventory : 49.49 (As of Dec. 2024)


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What is Lanka Hospitals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lanka Hospitals's Average Total Inventories for the three months ended in Dec. 2024 was රු957 Mil. Lanka Hospitals's Cost of Goods Sold for the three months ended in Dec. 2024 was රු1,765 Mil. Hence, Lanka Hospitals's Days Inventory for the three months ended in Dec. 2024 was 49.49.

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

COL:LHCL.N0000' s Days Inventory Range Over the Past 10 Years
Min: 29.46   Med: 35.65   Max: 46.62
Current: 44.44

During the past 13 years, Lanka Hospitals's highest Days Inventory was 46.62. The lowest was 29.46. And the median was 35.65.

COL:LHCL.N0000's Days Inventory is ranked worse than
60.25% of 488 companies
in the Healthcare Providers & Services industry
Industry Median: 30.56 vs COL:LHCL.N0000: 44.44

Lanka Hospitals's Days Inventory increased from Dec. 2023 (40.91) to Dec. 2024 (49.49). It might indicate that Lanka Hospitals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lanka Hospitals's Inventory Turnover for the three months ended in Dec. 2024 was 1.84.

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. Lanka Hospitals's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.28.


Lanka Hospitals Days Inventory Historical Data

The historical data trend for Lanka Hospitals'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.

Lanka Hospitals Days Inventory Chart

Lanka Hospitals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.44 30.97 41.85 46.62 42.26

Lanka Hospitals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 40.91 42.28 43.07 45.59 49.49

Competitive Comparison of Lanka Hospitals's Days Inventory

For the Medical Care Facilities subindustry, Lanka Hospitals'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.


Lanka Hospitals's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lanka Hospitals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lanka Hospitals's Days Inventory falls into.


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Lanka Hospitals Days Inventory Calculation

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

Lanka Hospitals's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (861.832 + 921.201) / 2 ) / 7699.588*365
=891.5165 / 7699.588*365
=42.26

Lanka Hospitals's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (993.047 + 921.201) / 2 ) / 1764.835*365 / 4
=957.124 / 1764.835*365 / 4
=49.49

* 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.


Lanka Hospitals  (COL:LHCL.N0000) 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.

Lanka Hospitals's Inventory Turnover for the three months ended in Dec. 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.

Lanka Hospitals's Inventory to Revenue for the three months ended in Dec. 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.


Lanka Hospitals Days Inventory Related Terms

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


Lanka Hospitals Business Description

Traded in Other Exchanges
N/A
Address
No. 578, Elvitigala Mawatha, Narahenpita, Colombo, LKA, 05
Lanka Hospitals Corp PLC is a Sri Lanka-based company providing healthcare services. The company offers medical services such as emergency services, kidney care centers, health checks, eye clinics, blood banks, dental clinics, and dermatology services. The company also provides surgical, emergency care, laboratory, and testing services. Geographically, all the firm's business activity is operated in Sri Lanka.

Lanka Hospitals Headlines

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