Jiangxi Rimag Group Co (HKSE:02522) Days Inventory : 4.76 (As of Dec. 2024)

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What is Jiangxi Rimag Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jiangxi Rimag Group Co's Average Total Inventories for the six months ended in Dec. 2024 was HK$6.4 Mil. Jiangxi Rimag Group Co's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$244.7 Mil. Hence, Jiangxi Rimag Group Co's Days Inventory for the six months ended in Dec. 2024 was 4.76.

The historical rank and industry rank for Jiangxi Rimag Group Co's Days Inventory or its related term are showing as below:

HKSE:02522' s Days Inventory Range Over the Past 10 Years
Min: 3.72 Med: 4.69 Max: 6.09
Current: 4.37

During the past 4 years, Jiangxi Rimag Group Co's highest Days Inventory was 6.09. The lowest was 3.72. And the median was 4.69.

HKSE:02522's Days Inventory is ranked better than
91.21% of 489 companies
in the Healthcare Providers & Services industry
Industry Median: 30.56 vs HKSE:02522: 4.37

Jiangxi Rimag Group Co's Days Inventory increased from Dec. 2023 (3.81) to Dec. 2024 (4.76). It might indicate that Jiangxi Rimag Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangxi Rimag Group Co's Inventory Turnover for the six months ended in Dec. 2024 was 38.36.

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. Jiangxi Rimag Group Co's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.02.

Jiangxi Rimag Group Co Days Inventory Historical Data

The historical data trend for Jiangxi Rimag Group 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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Jiangxi Rimag Group Co Days Inventory Chart

Jiangxi Rimag Group Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Inventory

6.09

4.77

3.72

4.61

Jiangxi Rimag Group Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	3.65	3.81	3.80	4.76

Competitive Comparison of Jiangxi Rimag Group Co's Days Inventory

For the Medical Care Facilities subindustry, Jiangxi Rimag Group 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.

Jiangxi Rimag Group Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jiangxi Rimag Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jiangxi Rimag Group Co's Days Inventory falls into.

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Jiangxi Rimag Group Co Days Inventory Calculation

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

Jiangxi Rimag Group 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
=	( (5.833	+	7.201)	/	2 )	/	515.962	*	365
=	6.517					/	515.962	*	365
=	4.61

Jiangxi Rimag Group 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
=	( (5.558	+	7.201)	/	2 )	/	244.716	*	365 / 2
=	6.3795					/	244.716	*	365 / 2
=	4.76

Jiangxi Rimag Group Co (HKSE:02522) 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.

Jiangxi Rimag Group Co's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	244.716	/	6.3795
	=	38.36

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.

Jiangxi Rimag Group Co's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.3795	/	370.352
	=	0.02

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.

Jiangxi Rimag Group Co Days Inventory Related Terms

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

Jiangxi Rimag Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jiangxi Rimag Group Co Ltd (HKSE:02522) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Minzuyuan Road, Building 2, 2 Minzuyuan, 3rd Floor, Chaoyang District, Beijing, CHN

Website

https://www.rimag.com.cn

Jiangxi Rimag Group Co Ltd is a medical group specializing in medical imaging in China. the company generates revenue mainly through the following medical imaging services and solutions: Imaging Center Services, Imaging Solution Services, and Rimag Cloud Services. The Imaging Center Services include examination and diagnostic services to patients and other healthcare consumers via its flagship imaging centers, such as MRI, CT, PET, X-ray, ultrasound and mammography. Majority of the revenue comes from Imaging center services.

Executives

Ning Bo Mei Shan Bao Shui Gang Qu Bai Yi Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Ning Bo Mei Shan Bao Shui Gang Qu Bai Shan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Ning Bo Mei Shan Bao Shui Gang Qu Bai Ning Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Baidu, Inc.	2201 Interest of corporation controlled by you
Chen Zhaoyang	2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Suqian Jd Yingzheng Enterprise Management Consulting Co., Ltd.	2101 Beneficial owner
Max Smart Limited	2201 Interest of corporation controlled by you
Liu Qiangdong Richard	2305 Beneficiary of a trust
Jd.com, Inc.	2201 Interest of corporation controlled by you
Jd Jiankang Limited	2201 Interest of corporation controlled by you
Jd Health International Inc.	2201 Interest of corporation controlled by you
Nan Chang Yi Mai Yang Guang Qi Ye Guan Li Zhong Xin You Xian He Huo	2101 Beneficial owner

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