Universal Health International Group Holding (HKSE:02211) Days Inventory : 56.78 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Universal Health International Group Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Universal Health International Group Holding's Average Total Inventories for the six months ended in Dec. 2023 was HK$169 Mil. Universal Health International Group Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$542 Mil. Hence, Universal Health International Group Holding's Days Inventory for the six months ended in Dec. 2023 was 56.78.

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

HKSE:02211' s Days Inventory Range Over the Past 10 Years
Min: 37.81 Med: 59.83 Max: 98.6
Current: 64.75

During the past 10 years, Universal Health International Group Holding's highest Days Inventory was 98.60. The lowest was 37.81. And the median was 59.83.

HKSE:02211's Days Inventory is ranked worse than
72.49% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.66 vs HKSE:02211: 64.75

Universal Health International Group Holding's Days Inventory increased from Dec. 2022 (51.67) to Dec. 2023 (56.78). It might indicate that Universal Health International Group Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Health International Group Holding's Inventory Turnover for the six months ended in Dec. 2023 was 3.21.

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. Universal Health International Group Holding's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.

Universal Health International Group Holding Days Inventory Historical Data

The historical data trend for Universal Health International Group Holding'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.

Universal Health International Group Holding Days Inventory Chart

Universal Health International Group Holding Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

59.97

86.18

98.60

80.77

62.14

Universal Health International Group Holding Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															82.29	68.10	51.67	74.54	56.78

Competitive Comparison of Universal Health International Group Holding's Days Inventory

For the Pharmaceutical Retailers subindustry, Universal Health International Group Holding'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.

Universal Health International Group Holding's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Universal Health International Group Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Universal Health International Group Holding's Days Inventory falls into.

Universal Health International Group Holding Days Inventory Calculation

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

Universal Health International Group Holding's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (223.858	+	179.52)	/	2 )	/	1184.772	*	365
=	201.689					/	1184.772	*	365
=	62.14

Universal Health International Group Holding'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
=	( (179.52	+	157.511)	/	2 )	/	541.592	*	365 / 2
=	168.5155					/	541.592	*	365 / 2
=	56.78

Universal Health International Group Holding (HKSE:02211) 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.

Universal Health International Group Holding's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	541.592	/	168.5155
	=	3.21

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.

Universal Health International Group Holding's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	168.5155	/	646.794
	=	0.26

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.

Universal Health International Group Holding Days Inventory Related Terms

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

Universal Health International Group Holding (HKSE:02211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Universal Health International Group Holding Ltd (HKSE:02211) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14-1, Bei Yi Zhong Road, Tiexi District, Liaoning Province, Shenyang, CHN

Website

http://www.uhighl.com

Universal Health International Group Holding Ltd distributes and retails pharmaceutical products in Northeast China. It sells prescription and OTC products, healthcare products, medical devices, and other personal and family care products. The company operates its business through two segments: Distributions and Retails, out of which, majority of revenue is earned by Distributions Segment.

Universal Health International Group Holding (HKSE:02211) Headlines

No Headlines