HealthBeacon (DUB:HBCN) Days Inventory : 151.38 (As of Dec. 2022)

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What is HealthBeacon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HealthBeacon's Average Total Inventories for the six months ended in Dec. 2022 was €1.11 Mil. HealthBeacon's Cost of Goods Sold for the six months ended in Dec. 2022 was €1.33 Mil. Hence, HealthBeacon's Days Inventory for the six months ended in Dec. 2022 was 151.38.

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

DUB:HBCN's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 32.575
* Ranked among companies with meaningful Days Inventory only.

HealthBeacon's Days Inventory increased from Dec. 2021 (7.06) to Dec. 2022 (151.38). It might indicate that HealthBeacon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. HealthBeacon's Inventory Turnover for the six months ended in Dec. 2022 was 1.21.

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. HealthBeacon's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.80.

HealthBeacon Days Inventory Historical Data

The historical data trend for HealthBeacon'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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HealthBeacon Days Inventory Chart

HealthBeacon Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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8.82

13.36

180.95

HealthBeacon Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Inventory	Get a 7-Day Free Trial			9.20	6.29	7.06	43.40	151.38

Competitive Comparison of HealthBeacon's Days Inventory

For the Health Information Services subindustry, HealthBeacon'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.

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

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

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

HealthBeacon Days Inventory Calculation

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

HealthBeacon's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.127	+	1.969)	/	2 )	/	2.114	*	365
=	1.048					/	2.114	*	365
=	180.95

HealthBeacon's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0.244	+	1.969)	/	2 )	/	1.334	*	365 / 2
=	1.1065					/	1.334	*	365 / 2
=	151.38

HealthBeacon (DUB:HBCN) 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.

HealthBeacon's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.334	/	1.1065
	=	1.21

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.

HealthBeacon's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1065	/	1.383
	=	0.80

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.

HealthBeacon Days Inventory Related Terms

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

HealthBeacon (DUB:HBCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthBeacon PLC (DUB:HBCN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Naas Road, Muirfield Drive, Unit 20, Naas Road Business Park, Dublin, IRL, D12WD85

Website

https://www.healthbeacon.com

HealthBeacon PLC is a digital therapeutics company that develops products for managing injectable medications for patients in the home. Its Injection Care Management System tracks adherence and persistence with medication schedules through the provision of medication management reminders, safe and sustainable sharps disposal devices, educational tools, and artificial intelligence-driven data analytics. It has three operating segments: Direct-to-Consumer, Patient safety Hub and Patient Support Programmes. The company generates the majority of revenue from the DTC segment.

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