Gaush Meditech (HKSE:02407) Days Inventory : 0.00 (As of Dec. 2023)

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What is Gaush Meditech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gaush Meditech's Average Total Inventories for the six months ended in Dec. 2023 was HK$346.6 Mil. Gaush Meditech's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$0.0 Mil.

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

HKSE:02407' s Days Inventory Range Over the Past 10 Years
Min: 111.09 Med: 146.92 Max: 330.69
Current: 330.69

During the past 5 years, Gaush Meditech's highest Days Inventory was 330.69. The lowest was 111.09. And the median was 146.92.

HKSE:02407's Days Inventory is ranked worse than
78.25% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.74 vs HKSE:02407: 330.69

Gaush Meditech's Days Inventory declined from Dec. 2022 (154.08) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gaush Meditech's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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.

Gaush Meditech Days Inventory Historical Data

The historical data trend for Gaush Meditech'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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Gaush Meditech Days Inventory Chart

Gaush Meditech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

111.09

146.92

125.08

158.09

157.19

Gaush Meditech Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			115.32	158.97	154.08	-	-

Competitive Comparison of Gaush Meditech's Days Inventory

For the Medical Devices subindustry, Gaush Meditech'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.

Gaush Meditech's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Gaush Meditech's Days Inventory distribution charts can be found below:

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

Gaush Meditech Days Inventory Calculation

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

Gaush Meditech'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
=	( (313.931	+	359.336)	/	2 )	/	781.656	*	365
=	336.6335					/	781.656	*	365
=	157.19

Gaush Meditech'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
=	( (333.88	+	359.336)	/	2 )	/	0	*	365 / 2
=	346.608					/	0	*	365 / 2
=	N/A

Gaush Meditech (HKSE:02407) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	346.608
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	346.608	/	0
	=

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.

Gaush Meditech Days Inventory Related Terms

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

Gaush Meditech (HKSE:02407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Gaush Meditech Ltd (HKSE:02407) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.11 Dongzhimen South Avenue, Room 1901, Building A, Zhonghui Plaza, Dongcheng District, Beijing, CHN

Website

https://www.gaush.com

Gaush Meditech Ltd is a provider of a broad spectrum of ophthalmic medical devices. The segments of the company include 1) Proprietary products segment develops and produces surgical equipment and related supporting software, intra-optical lens, ophthalmic disease diagnosis and treatment equipment and related supporting consumables independently; 2) Distribution products segment sells multi-function diagnostic equipment, ocular fundus diagnosis, surgical and treatment equipment and related supporting consumables produced by ophthalmic medical equipment manufacturers; 3) Technical services segment provides warranty services, maintenance services and after-sales services related consumables; and 4) Others segment.

Gaush Meditech (HKSE:02407) Headlines

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