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EuroEyes International Eye Clinic (HKSE:01846) Days Inventory : 14.65 (As of Dec. 2023)


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What is EuroEyes International Eye Clinic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). EuroEyes International Eye Clinic's Average Total Inventories for the six months ended in Dec. 2023 was HK$16.1 Mil. EuroEyes International Eye Clinic's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$200.0 Mil. Hence, EuroEyes International Eye Clinic's Days Inventory for the six months ended in Dec. 2023 was 14.65.

The historical rank and industry rank for EuroEyes International Eye Clinic's Days Inventory or its related term are showing as below:

HKSE:01846' s Days Inventory Range Over the Past 10 Years
Min: 15.57   Med: 28.07   Max: 47.1
Current: 15.57

During the past 8 years, EuroEyes International Eye Clinic's highest Days Inventory was 47.10. The lowest was 15.57. And the median was 28.07.

HKSE:01846's Days Inventory is ranked better than
72.4% of 471 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs HKSE:01846: 15.57

EuroEyes International Eye Clinic's Days Inventory declined from Dec. 2022 (20.22) to Dec. 2023 (14.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. EuroEyes International Eye Clinic's Inventory Turnover for the six months ended in Dec. 2023 was 12.46.

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. EuroEyes International Eye Clinic's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


EuroEyes International Eye Clinic Days Inventory Historical Data

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic Days Inventory Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 44.73 47.10 34.12 21.52 15.68

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.89 23.27 20.22 16.49 14.65

Competitive Comparison of EuroEyes International Eye Clinic's Days Inventory

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where EuroEyes International Eye Clinic's Days Inventory falls into.



EuroEyes International Eye Clinic Days Inventory Calculation

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

EuroEyes International Eye Clinic'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
=( (16.379 + 16.166) / 2 ) / 378.768*365
=16.2725 / 378.768*365
=15.68

EuroEyes International Eye Clinic'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
=( (15.934 + 16.166) / 2 ) / 199.968*365 / 2
=16.05 / 199.968*365 / 2
=14.65

* 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.


EuroEyes International Eye Clinic  (HKSE:01846) 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.

EuroEyes International Eye Clinic's Inventory Turnover for the six 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.

EuroEyes International Eye Clinic's Inventory to Revenue for the six 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.


EuroEyes International Eye Clinic Days Inventory Related Terms

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


EuroEyes International Eye Clinic (HKSE:01846) Business Description

Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
Executives
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse

EuroEyes International Eye Clinic (HKSE:01846) Headlines

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