Clearbridge Health (FRA:5C6) Days Inventory : 19.44 (As of Dec. 2023)

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What is Clearbridge Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clearbridge Health's Average Total Inventories for the six months ended in Dec. 2023 was €0.21 Mil. Clearbridge Health's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.97 Mil. Hence, Clearbridge Health's Days Inventory for the six months ended in Dec. 2023 was 19.44.

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

FRA:5C6' s Days Inventory Range Over the Past 10 Years
Min: 18.67 Med: 27.52 Max: 99.96
Current: 20.57

During the past 10 years, Clearbridge Health's highest Days Inventory was 99.96. The lowest was 18.67. And the median was 27.52.

FRA:5C6's Days Inventory is ranked better than
83.96% of 187 companies
in the Medical Diagnostics & Research industry
Industry Median: 72.3 vs FRA:5C6: 20.57

Clearbridge Health's Days Inventory declined from Dec. 2022 (29.69) to Dec. 2023 (19.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clearbridge Health's Inventory Turnover for the six months ended in Dec. 2023 was 9.39.

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. Clearbridge Health's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.

Clearbridge Health Days Inventory Historical Data

The historical data trend for Clearbridge Health'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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Clearbridge Health Days Inventory Chart

Clearbridge Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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27.35

31.33

92.99

25.88

18.82

Clearbridge Health Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial													-	36.70	29.69	24.02	19.44

Competitive Comparison of Clearbridge Health's Days Inventory

For the Diagnostics & Research subindustry, Clearbridge Health'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.

Clearbridge Health's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Clearbridge Health's Days Inventory distribution charts can be found below:

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

Clearbridge Health Days Inventory Calculation

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

Clearbridge Health'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
=	( (0.21	+	0.173)	/	2 )	/	3.714	*	365
=	0.1915					/	3.714	*	365
=	18.82

Clearbridge Health'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.247	+	0.173)	/	2 )	/	1.971	*	365 / 2
=	0.21					/	1.971	*	365 / 2
=	19.44

Clearbridge Health (FRA:5C6) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.971	/	0.21
	=	9.39

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.21	/	4.01
	=	0.05

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.

Clearbridge Health Days Inventory Related Terms

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

Clearbridge Health (FRA:5C6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Clearbridge Health Ltd (FRA:5C6) » Definitions » Days Inventory

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1H3:Singapore

Address

37 Jalan Pemimpin, No. 08-05 Mapex, Singapore, SGP, 577177

Website

https://www.clearbridgehealth.com

Clearbridge Health Ltd provides health care services. It is an integrated healthcare group with end-to-end diagnostic abilities, deploying non-invasive tests to identify and manage illness. The segments of the company are Strategic investments; Healthcare systems; Medical clinics; Corporate segment and Investment. It derives key revenue from the Healthcare systems and Medical clinics. The Healthcare systems segment involves, provision of diagnostic services and manufacturing of and research and development on diagnostic related products, and provision of renal care services by partnering with medical device equipment manufacturers and hospitals. The Medical clinics segment involves, provision of general medical and clinical services. The group has a business presence in all over the world.

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