Wenzhou Kangning Hospital Co (HKSE:02120) Days Inventory : 15.32 (As of Dec. 2024)

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What is Wenzhou Kangning Hospital Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wenzhou Kangning Hospital Co's Average Total Inventories for the six months ended in Dec. 2024 was HK$55 Mil. Wenzhou Kangning Hospital Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$655 Mil. Hence, Wenzhou Kangning Hospital Co's Days Inventory for the six months ended in Dec. 2024 was 15.32.

The historical rank and industry rank for Wenzhou Kangning Hospital Co's Days Inventory or its related term are showing as below:

HKSE:02120' s Days Inventory Range Over the Past 10 Years
Min: 12.46 Med: 17.21 Max: 114.62
Current: 16.45

During the past 11 years, Wenzhou Kangning Hospital Co's highest Days Inventory was 114.62. The lowest was 12.46. And the median was 17.21.

HKSE:02120's Days Inventory is ranked better than
69.47% of 488 companies
in the Healthcare Providers & Services industry
Industry Median: 30.56 vs HKSE:02120: 16.45

Wenzhou Kangning Hospital Co's Days Inventory declined from Dec. 2023 (17.29) to Dec. 2024 (15.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wenzhou Kangning Hospital Co's Inventory Turnover for the six months ended in Dec. 2024 was 11.91.

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. Wenzhou Kangning Hospital Co's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.06.

Wenzhou Kangning Hospital Co Days Inventory Historical Data

The historical data trend for Wenzhou Kangning Hospital Co'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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Wenzhou Kangning Hospital Co Days Inventory Chart

Wenzhou Kangning Hospital Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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14.92

17.49

19.40

18.50

16.92

Wenzhou Kangning Hospital Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															17.95	18.10	17.29	17.18	15.32

Competitive Comparison of Wenzhou Kangning Hospital Co's Days Inventory

For the Medical Care Facilities subindustry, Wenzhou Kangning Hospital Co'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.

Wenzhou Kangning Hospital Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Wenzhou Kangning Hospital Co's Days Inventory falls into.

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Wenzhou Kangning Hospital Co Days Inventory Calculation

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

Wenzhou Kangning Hospital Co'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
=	( (66.283	+	54.055)	/	2 )	/	1298.166	*	365
=	60.169					/	1298.166	*	365
=	16.92

Wenzhou Kangning Hospital Co'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: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (55.862	+	54.055)	/	2 )	/	654.574	*	365 / 2
=	54.9585					/	654.574	*	365 / 2
=	15.32

Wenzhou Kangning Hospital Co (HKSE:02120) 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.

Wenzhou Kangning Hospital Co's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	654.574	/	54.9585
	=	11.91

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.

Wenzhou Kangning Hospital Co's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54.9585	/	881.184
	=	0.06

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.

Wenzhou Kangning Hospital Co Days Inventory Related Terms

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

Wenzhou Kangning Hospital Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wenzhou Kangning Hospital Co Ltd (HKSE:02120) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Shengjin Road, Huanglong Residential District, Zhejiang, Wenzhou, CHN

Website

http://www.knhosp.cn

Wenzhou Kangning Hospital Co Ltd is engaged in operating and managing a network of healthcare facilities that focus on providing psychiatric specialty care and elderly rehabilitation service across various regions in China. The company operates only in one reporting segment. The Group generates revenue mainly through the following three ways- revenue from operating its owned hospitals; revenue from other healthcare related business; and other revenue not related to healthcare business.

Executives

Kangning Success Holding Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Ubs Group Ag	2201 Interest of corporation controlled by you
Zou Haili	2101 Beneficial owner

Wenzhou Kangning Hospital Co Headlines

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