Hygeia Healthcare Holdings Co (HKSE:06078) Days Inventory : 20.73 (As of Dec. 2023)

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What is Hygeia Healthcare Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hygeia Healthcare Holdings Co's Average Total Inventories for the six months ended in Dec. 2023 was HK$199 Mil. Hygeia Healthcare Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,752 Mil. Hence, Hygeia Healthcare Holdings Co's Days Inventory for the six months ended in Dec. 2023 was 20.73.

The historical rank and industry rank for Hygeia Healthcare Holdings Co's Days Inventory or its related term are showing as below:

HKSE:06078' s Days Inventory Range Over the Past 10 Years
Min: 18.34 Med: 22.85 Max: 30.19
Current: 22.72

During the past 7 years, Hygeia Healthcare Holdings Co's highest Days Inventory was 30.19. The lowest was 18.34. And the median was 22.85.

HKSE:06078's Days Inventory is ranked better than
62.63% of 471 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs HKSE:06078: 22.72

Hygeia Healthcare Holdings Co's Days Inventory declined from Dec. 2022 (21.49) to Dec. 2023 (20.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hygeia Healthcare Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 was 8.80.

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. Hygeia Healthcare Holdings Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

Hygeia Healthcare Holdings Co Days Inventory Historical Data

The historical data trend for Hygeia Healthcare Holdings 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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Hygeia Healthcare Holdings Co Days Inventory Chart

Hygeia Healthcare Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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21.47

18.83

18.34

22.85

23.87

Hygeia Healthcare Holdings Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial							17.37	19.60	21.49	24.03	20.73

Competitive Comparison of Hygeia Healthcare Holdings Co's Days Inventory

For the Medical Care Facilities subindustry, Hygeia Healthcare Holdings 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.

Hygeia Healthcare Holdings Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Hygeia Healthcare Holdings Co's Days Inventory falls into.

Hygeia Healthcare Holdings Co Days Inventory Calculation

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

Hygeia Healthcare Holdings Co'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
=	( (171.817	+	227.443)	/	2 )	/	3052.112	*	365
=	199.63					/	3052.112	*	365
=	23.87

Hygeia Healthcare Holdings Co'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
=	( (170.583	+	227.443)	/	2 )	/	1751.983	*	365 / 2
=	199.013					/	1751.983	*	365 / 2
=	20.73

Hygeia Healthcare Holdings Co (HKSE:06078) 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.

Hygeia Healthcare Holdings Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1751.983	/	199.013
	=	8.80

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.

Hygeia Healthcare Holdings Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	199.013	/	2534.498
	=	0.08

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.

Hygeia Healthcare Holdings Co Days Inventory Related Terms

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

Hygeia Healthcare Holdings Co (HKSE:06078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hygeia Healthcare Holdings Co Ltd (HKSE:06078) » Definitions » Days Inventory

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Traded in Other Exchanges

HYHHF:USA

Address

No. 228 Meiyuan Road, Enterprise Square, Suites 702-707, Jing’an District, Shanghai, CHN

Website

http://www.hygeia-group.com.cn

Hygeia Healthcare Holdings Co Ltd is an oncology healthcare group in China. The company operates in three segments, namely Hospital Business, Radiotherapy Business, and Other Business. The company generates revenues by operating private for-profit hospitals it owns and provides a wide range of oncology healthcare services and other healthcare services; provision of radiotherapy center consulting services, licensing of its proprietary SRT equipment, and provision of maintenance and technical support services with its proprietary SRT equipment; and managing and operating, and receiving management fees from, private not-for-profit hospitals in which it holds organizer's interest. All of its revenues come from China.

Executives

Zhu Yiwen	2201 Interest of corporation controlled by you
Ren Ai	2202 Interest of your spouse
Zhu Jianqiao	2401 A concert party to an agreement to buy shares
Yi Fang Da Ji Jin Guan Li You Xian Gong Si	2102 Investment manager
Ren Ai	2501 Other
Amber Tree Holdings Limited	2501 Other
Century River Holdings Limited	2501 Other
Century River Investment Holdings Limited	2501 Other
Red Palm Holdings Limited	2501 Other
Red Palm Investment Holdings Limited	2501 Other
Morgan Stanley & Co. International Plc	2101 Beneficial owner
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you

Hygeia Healthcare Holdings Co (HKSE:06078) Headlines

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